New York Stock Exchange · ETF
Invest in BCEM ETF from India
Indian and foreign residents can buy Baron Emerging Markets Select ETF (BCEM) units directly through Paasa.
By Paasa · Updated
BCEM at a glance
- Price
- $26.90+$0.06 (0.23%)
- Expense ratio
- 0.8%
- Day range
- $26.90 – $26.90
- Assets
- $53.0M
- Domicile
- the US
- Holdings
- —
- Launched
- 2026
- Dividends
- —
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFAC12.6%
- 2SAMSUNG ELECTRONICS CO LTD8.2%
- 3SK HYNIX INC5.2%
- 4CASH AND FOREIGN CURRENCY2.6%
- 5TENCENT HOLDINGS LTD2.4%
- 6DIVI S LABORATORIES LTD2.0%
- 7ALIBABA GROUP HOLDING SP ADR2.0%
- 8TAIWAN SEMICONDUCTOR SP ADR2.0%
- 9BAJAJ FINANCE LTD2.0%
- 10ETERNAL LTD1.9%
These 10 are 41.1% of the fund.
Where the money is invested
Countries
- Taiwan21.4%
- India21.1%
- South Korea20.8%
- China17.6%
- Brazil6.1%
- South Africa2.2%
How to invest in BCEM 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 BCEM and buy
Find the fund by its ticker, BCEM, on the New York Stock Exchange, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in BCEM from India
What BCEM holds
The Baron Emerging Markets Select ETF (BCEM) is a high-conviction portfolio primarily targeting growth-oriented companies within developing nations. It seeks out businesses distinguished by exceptional leadership, enduring competitive advantages, and substantial potential for long-term expansion.
Hold a dollar asset
BCEM 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 BCEM 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 BCEM from India?
Yes. Indian residents can buy Baron Emerging Markets Select ETF (BCEM) through Paasa. It is listed on the New York Stock Exchange 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 BCEM invest in?
Its largest holdings are TAIWAN SEMICONDUCTOR MANUFAC (12.6%), SAMSUNG ELECTRONICS CO LTD (8.2%) and SK HYNIX INC (5.2%). The fund is domiciled in the US.
What is the expense ratio of BCEM?
Baron Emerging Markets Select ETF has an expense ratio of 0.8% a year, taken from the fund's assets rather than billed to you. The fund manages about $53.0M.
What tax do I pay in India when I sell BCEM?
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 BCEM unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $26.90, and there is no minimum trade size.
What happens to my BCEM 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.