Can I buy ICMO from India?

Yes. Indian residents can buy Symmetry Panoramic International Country Momentum ETF (ICMO) 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 is the expense ratio of ICMO?

Symmetry Panoramic International Country Momentum ETF has an expense ratio of 0.86% a year, taken from the fund's assets rather than billed to you. The fund manages about $496.1K.

What tax do I pay in India when I sell ICMO?

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 ICMO unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.28, and there is no minimum trade size.

What happens to my ICMO 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.

NASDAQ · ETF

Invest in ICMO ETF from India

Indian and foreign residents can buy Symmetry Panoramic International Country Momentum ETF (ICMO) units directly through Paasa.

By Paasa · Updated 1 Oct 2026

ICMO at a glance

Price: $24.28-$0.35 (1.42%)
Expense ratio: 0.86%
Day range: $24.25 – $24.28
Assets: $496.1K
Domicile: the US
Holdings: —
Launched: 2026
Dividends: —

Live chart and fund data

How to invest in ICMO 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 ICMO and buy
Find the fund by its ticker, ICMO, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
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ICMO at a glance

How to invest in ICMO from India

Open your Paasa account

Add funds from your Indian bank account

Search ICMO and buy