NASDAQ · ETF
Invest in FMED ETF from India
Indian and foreign residents can buy Fidelity Disruptive Medicine ETF (FMED) units directly through Paasa.
By Paasa · Updated
FMED at a glance
- Price
- $32.39-$0.06 (0.19%)
- Expense ratio
- 0.5%
- Day range
- $32.38 – $32.74
- Assets
- $51.5M
- Domicile
- the US
- Holdings
- 63
- Launched
- 2020
- Dividends
- —
- 1 month
- +1.91%
- 6 months
- +31.82%
- YTD
- +19.42%
- 1 year
- +29.81%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1SECURITIES LENDING CF13.3%
- 210X GENOMICS INC5.7%
- 3NATERA INC4.4%
- 4THERMO FISHER SCIENTIFIC INC4.1%
- 5DANAHER CORP3.9%
- 6ILLUMINA INC3.5%
- 7ARGENX SE SPONSORED ADR3.0%
- 8LIFESTANCE HEALTH GROUP INC2.8%
- 9REVOLUTION MEDICINES INC2.8%
- 10SARTORIUS STEDIM BIOTECH2.7%
FMED holds 63 securities in total. These 10 are 46.1% of the fund.
Where the money is invested
Sectors
- Healthcare96.1%
- Technology1.6%
Countries
- United States98.5%
- Netherlands3.7%
- France2.7%
- United Kingdom1.9%
- Denmark1.7%
- Belgium1.5%
How to invest in FMED 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 FMED and buy
Find the fund by its ticker, FMED, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in FMED from India
What FMED holds
This exchange-traded fund allocates capital to pioneering enterprises reshaping medical detection, treatments, and care delivery, encompassing areas from genetic manipulation to automated surgical procedures and online health ecosystems.
Hold a dollar asset
FMED 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 FMED 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 FMED from India?
Yes. Indian residents can buy Fidelity Disruptive Medicine ETF (FMED) through Paasa. It is listed on NASDAQ 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 FMED invest in?
Fidelity Disruptive Medicine ETF holds 63 securities. Its largest holdings are SECURITIES LENDING CF (13.3%), 10X GENOMICS INC (5.7%) and NATERA INC (4.4%). Healthcare is its largest sector at 96.1%. The fund is domiciled in the US.
What is the expense ratio of FMED?
Fidelity Disruptive Medicine ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $51.5M.
What tax do I pay in India when I sell FMED?
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 FMED unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $32.39, and there is no minimum trade size.
What happens to my FMED 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.