NYSE Arca · ETF
Invest in AWAY ETF from India
Indian and foreign residents can buy Amplify Travel Tech ETF (AWAY) units directly through Paasa.
By Paasa · Updated
AWAY at a glance
- Price
- $16.90+$0.10 (0.59%)
- Expense ratio
- 0.75%
- Day range
- $16.69 – $16.90
- Assets
- $23.4M
- Domicile
- the US
- Holdings
- 29
- Launched
- 2020
- Dividends
- —
- 1 month
- -16.57%
- 6 months
- +6.59%
- YTD
- -19.01%
- 1 year
- -24.51%
- 5 years
- -41.68%
Price change, excluding dividends.
Top 10 holdings
- 1Sabre CorpSABR4.9%
- 2Uber Technologies IncUBER4.6%
- 3TravelSky Technology Ltd0696.HK4.5%
- 4Global Business Travel Group IGBTG4.4%
- 5Trainline PLCTRN.L4.4%
- 6Expedia Group IncEXPE4.3%
- 7TRIP.COM GROUPTCOM4.3%
- 8HBX Group International PLCHBX.MC4.2%
- 9On the Beach Group PLCOTB.L4.1%
- 10WebBeds Group LtdWEB.AX4.1%
AWAY holds 29 securities in total. These 10 are 43.7% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical71.1%
- Technology28.4%
- Industrials0.5%
Countries
- United States40.2%
- Australia13.6%
- United Kingdom13.5%
- Spain7.9%
- India4.2%
- China3.8%
How to invest in AWAY 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 AWAY and buy
Find the fund by its ticker, AWAY, 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 AWAY from India
What AWAY holds
AWAY is the first ETF to provide access to the technology-focused global travel and tourism industry. It is a passively managed portfolio of companies that, via the internet and internet-connected devices, facilitates travel bookings and reservations, ride sharing and hailing, travel price comparison, and travel advice.
Hold a dollar asset
AWAY 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 AWAY 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 AWAY from India?
Yes. Indian residents can buy Amplify Travel Tech ETF (AWAY) 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 AWAY invest in?
Amplify Travel Tech ETF holds 29 securities. Its largest holdings are Sabre Corp (4.9%), Uber Technologies Inc (4.6%) and TravelSky Technology Ltd (4.5%). Consumer Cyclical is its largest sector at 71.1%. The fund is domiciled in the US.
What is the expense ratio of AWAY?
Amplify Travel Tech ETF has an expense ratio of 0.75% a year, taken from the fund's assets rather than billed to you. The fund manages about $23.4M.
What tax do I pay in India when I sell AWAY?
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 AWAY unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $16.90, and there is no minimum trade size.
What happens to my AWAY 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.