NYSE Arca · ETF
Invest in ELCF ETF from India
Indian and foreign residents can buy Eventide Large Focus ETF (ELCF) units directly through Paasa.
By Paasa · Updated
ELCF at a glance
- Price
- $24.40-$0.08 (0.33%)
- Expense ratio
- 0.75%
- Day range
- $24.40 – $24.72
- Assets
- $500.0K
- Domicile
- the US
- Holdings
- —
- Launched
- 2026
- Dividends
- Accumulating
Top 10 holdings
- 1NVIDIA CORP6.9%
- 2ROYALTY PHARMA PLC CL A COMMON STOCK5.3%
- 3LINDE PLC4.7%
- 4BROADCOM INC.4.5%
- 5TRANE TECHNOLOGIES PLC4.0%
- 6UNITED RENTALS INC3.6%
- 7OREILLY AUTOMOTIVE INC3.2%
- 8TAIWAN SEMICONDUCTOR MANUFACTURING CO. LTD. SPONSORED ADR2.9%
- 9METTLER-TOLEDO2.9%
- 10DELL TECHNOLOGIES - CLASS C2.9%
These 10 are 40.9% of the fund.
Where the money is invested
Sectors
- Technology35.5%
- Industrials20.1%
- Healthcare14.8%
- Utilities8.2%
- Financial Services6.8%
- Consumer Cyclical5.8%
Countries
- United States96.1%
- Taiwan3.1%
- Netherlands0.7%
How to invest in ELCF 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 ELCF and buy
Find the fund by its ticker, ELCF, 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 ELCF from India
What ELCF holds
The Fund is an actively managed exchange-traded fund, a series of Mutual Fund Series Trust, advised by Eventide Asset Management, LLC. It is the ETF counterpart to the Eventide Large Cap Focus Fund, a mutual fund launched in 2022 with the long-term capital appreciation objective.
Dividends reinvested for you
Dividends from ELCF'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
ELCF 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 ELCF 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 ELCF from India?
Yes. Indian residents can buy Eventide Large Focus ETF (ELCF) 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 ELCF invest in?
Its largest holdings are NVIDIA CORP (6.9%), ROYALTY PHARMA PLC CL A COMMON STOCK (5.3%) and LINDE PLC (4.7%). Technology is its largest sector at 35.5%. It is an accumulating fund domiciled in the US.
What is the expense ratio of ELCF?
Eventide Large Focus 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 $500.0K.
Does ELCF pay dividends?
No. Eventide Large Focus 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 ELCF?
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 ELCF unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.40, and there is no minimum trade size.
What happens to my ELCF 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.