NYSE Arca · ETF
Invest in AVNM ETF from India
Indian and foreign residents can buy Avantis All International Markets Equity ETF (AVNM) units directly through Paasa.
By Paasa · Updated
AVNM at a glance
- Price
- $83.59-$0.24 (0.29%)
- Expense ratio
- 0.31%
- Day range
- $83.05 – $83.64
- Assets
- $786.5M
- Domicile
- the US
- Holdings
- 7
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- -2.33%
- 6 months
- +12.75%
- YTD
- +13.47%
- 1 year
- +18.92%
- 5 years
- —
Price change, excluding dividends.
Top 9 holdings
- 1AVANTIS INTERNATIONAL EQUITY E AVANTIS INTERNATIONAL EQUITY39.9%
- 2AVANTIS INTERNATIONAL LARGE CA AVANTIS INTL LRG CAP VAL ETF20.3%
- 3AVANTIS EMERGING MARKETS EQUIT AVANTIS EMERGING MARKETS EQ18.7%
- 4AVANTIS EMERGING MARKETS VALUE AVANTIS EMERGING MARKETS VAL9.9%
- 5AVANTIS INTERNATIONAL SMALL CA AVANTIS INTL S/C VALUE ETF6.8%
- 6AVANTIS EMERGING MARKETS SMALL AVANTIS EM MKT SM CAP EQ ETF2.1%
- 7AVANTIS INTERNATIONAL SMALL CA AVANTIS INTL SM CAP EQ ETF2.1%
- 8SSC GOVERNMENT MM GVMXX0.1%
- 9US DOLLAR0.0%
AVNM holds 7 securities in total. These 9 are 100.0% of the fund.
Where the money is invested
Sectors
- Financial Services24.3%
- Industrials16.8%
- Technology13.6%
- Basic Materials11.0%
- Consumer Cyclical10.1%
- Energy7.5%
Countries
- United States99.9%
- Other0.1%
How to invest in AVNM from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search AVNM and buy
Find the fund by its ticker, AVNM, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in AVNM from India
What AVNM holds
AVNM is designed to provide investors with low-cost, tax-efficient, and diversified international equity exposure. Its portfolio consists of other select Avantis exchange-traded funds that invest in global companies of all market capitalizations outside the US.
Hold a dollar asset
AVNM is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one AVNM unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy AVNM from India?
Yes. Indian residents can buy Avantis All International Markets Equity ETF (AVNM) through Paasa. It is listed on NYSE Arca and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does AVNM invest in?
Avantis All International Markets Equity ETF holds 7 securities. Its largest holdings are AVANTIS INTERNATIONAL EQUITY E AVANTIS INTERNATIONAL EQUITY (39.9%), AVANTIS INTERNATIONAL LARGE CA AVANTIS INTL LRG CAP VAL ETF (20.3%) and AVANTIS EMERGING MARKETS EQUIT AVANTIS EMERGING MARKETS EQ (18.7%). Financial Services is its largest sector at 24.3%. It is a distributing fund domiciled in the US.
What is the expense ratio of AVNM?
Avantis All International Markets Equity ETF has an expense ratio of 0.31% a year, taken from the fund's assets rather than billed to you. The fund manages about $786.5M.
How are AVNM dividends taxed in India?
Avantis All International Markets Equity ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell AVNM?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one AVNM unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $83.59, and there is no minimum trade size.
What happens to my AVNM units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.