NYSE Arca · ETF
Invest in FSCC ETF from India
Indian and foreign residents can buy Federated Hermes MDT Small Core ETF (FSCC) units directly through Paasa.
By Paasa · Updated
FSCC at a glance
- Price
- $34.01+$0.03 (0.09%)
- Expense ratio
- 0.5%
- Day range
- $33.81 – $34.12
- Assets
- $425.0M
- Domicile
- the US
- Holdings
- 310
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -5.13%
- 6 months
- +12.84%
- YTD
- +12.28%
- 1 year
- +16.04%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1AMERICAN HEALTHCARE REITAHR2.1%
- 2POSTAL REALTY TRUST INC-PSTL1.3%
- 3SLIDE INSURANCE HOLDINGSSLDE1.1%
- 4SPHERE ENTERTAINMENT COSPHR1.1%
- 5C3.AI INC-AAI1.1%
- 6HAMILTON INSURANCE GROU-CHG1.1%
- 7BANKUNITED INCBKU1.1%
- 8INDIVIOR PHARMACEUTICALSINDV1.0%
- 9BYLINE BANCORP INCBY1.0%
- 10LIQUIDIA CORPLQDA1.0%
FSCC holds 310 securities in total. These 10 are 11.9% of the fund.
Where the money is invested
Sectors
- Healthcare21.9%
- Financial Services20.4%
- Industrials14.9%
- Technology13.3%
- Consumer Cyclical7.4%
- Real Estate7.1%
Countries
- United States90.7%
- Bermuda3.2%
- Ireland1.6%
- Singapore0.8%
- Luxembourg0.6%
- Puerto Rico0.6%
How to invest in FSCC 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 FSCC and buy
Find the fund by its ticker, FSCC, 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 FSCC from India
What FSCC holds
The Federated Hermes MDT Small Cap Core ETF aims to achieve its investment objective by primarily allocating capital to the common equities of smaller, U.S.-based companies. A key part of its strategy dictates that a minimum of 80% of its net assets, along with any funds obtained through borrowing for investment, will be dedicated to these small-capitalization enterprises.
Dividends reinvested for you
Dividends from FSCC'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
FSCC 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 FSCC 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 FSCC from India?
Yes. Indian residents can buy Federated Hermes MDT Small Core ETF (FSCC) 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 FSCC invest in?
Federated Hermes MDT Small Core ETF holds 310 securities. Its largest holdings are AMERICAN HEALTHCARE REIT (2.1%), POSTAL REALTY TRUST INC- (1.3%) and SLIDE INSURANCE HOLDINGS (1.1%). Healthcare is its largest sector at 21.9%. It is an accumulating fund domiciled in the US.
What is the expense ratio of FSCC?
Federated Hermes MDT Small Core 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 $425.0M.
Does FSCC pay dividends?
No. Federated Hermes MDT Small Core 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 FSCC?
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 FSCC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $34.01, and there is no minimum trade size.
What happens to my FSCC 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.