NYSE Arca · ETF
Invest in BRF ETF from India
Indian and foreign residents can buy VanEck Brazil Small- ETF (BRF) units directly through Paasa.
By Paasa · Updated
BRF at a glance
- Price
- $19.29+$0.23 (1.21%)
- Expense ratio
- 0.6%
- Day range
- $19.23 – $19.36
- Assets
- $25.7M
- Domicile
- the US
- Holdings
- 92
- Launched
- 2009
- Dividends
- Accumulating
- 1 month
- +14.62%
- 6 months
- +4.50%
- YTD
- +19.29%
- 1 year
- +19.67%
- 5 years
- +4.33%
Price change, excluding dividends.
Top 10 holdings
- 1Cyrela Brazil Realty Sa Empreendimentos3.4%
- 2Alupar Investimento Sa3.3%
- 3Fleury Sa3.3%
- 4Smartfit Escola De Ginastica E Danca Sa3.2%
- 5Pagseguro Digital Ltd3.1%
- 6Inter & Co Inc2.8%
- 7Gps Participacoes E Empreendimentos Sa2.5%
- 8Cia De Saneamento Do Parana2.4%
- 9Orizon Valorizacao De Residuos Sa2.3%
- 10Cury Construtora E Incorporadora Sa2.2%
BRF holds 92 securities in total. These 10 are 28.4% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical16.2%
- Real Estate13.9%
- Basic Materials13.8%
- Industrials12.5%
- Utilities9.8%
- Consumer Defensive9.6%
Countries
- Brazil89.8%
- Australia2.6%
- Israel1.9%
- Uruguay1.7%
- United States1.7%
- United Kingdom1.4%
How to invest in BRF 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 BRF and buy
Find the fund by its ticker, BRF, 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 BRF from India
What BRF holds
The VanEck Brazil Small-Cap ETF (BRF) strives to precisely track the investment performance—encompassing both price changes and income—of the MVIS Brazil Small-Cap Index (MVBRFTR). This tracking goal is measured prior to accounting for the ETF's own management fees and operational costs.
Dividends reinvested for you
Dividends from BRF's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
BRF 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 BRF 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 BRF from India?
Yes. Indian residents can buy VanEck Brazil Small- ETF (BRF) 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 BRF invest in?
VanEck Brazil Small- ETF holds 92 securities. Its largest holdings are Cyrela Brazil Realty Sa Empreendimentos (3.4%), Alupar Investimento Sa (3.3%) and Fleury Sa (3.3%). Consumer Cyclical is its largest sector at 16.2%. It is an accumulating fund domiciled in the US.
What is the expense ratio of BRF?
VanEck Brazil Small- ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about $25.7M.
Does BRF pay dividends?
No. VanEck Brazil Small- ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell BRF?
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 BRF unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $19.29, and there is no minimum trade size.
What happens to my BRF 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.