NYSE Arca · ETF
Invest in KMID ETF from India
Indian and foreign residents can buy Virtus KAR Mid- ETF (KMID) units directly through Paasa.
By Paasa · Updated
KMID at a glance
- Price
- $23.41-$0.17 (0.72%)
- Expense ratio
- 0.8%
- Day range
- $23.41 – $23.61
- Assets
- $41.6M
- Domicile
- the US
- Holdings
- 217
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -4.68%
- 6 months
- +0.99%
- YTD
- -4.84%
- 1 year
- -5.11%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1AMETEK Inc6.8%
- 2Cash/Cash equivalents5.9%
- 3West Pharmaceutical Services Inc5.7%
- 4Westinghouse Air Brake Technologies Corp5.7%
- 5Teledyne Technologies Inc5.6%
- 6Monolithic Power Systems Inc5.6%
- 7Ross Stores Inc5.0%
- 8Allegion plc4.3%
- 9HEICO Corp3.9%
- 10Verisk Analytics Inc3.9%
KMID holds 217 securities in total. These 10 are 52.5% of the fund.
Where the money is invested
Sectors
- Industrials39.8%
- Technology18.6%
- Healthcare13.9%
- Financial Services10.0%
- Consumer Cyclical5.0%
- Basic Materials2.8%
Countries
- United States89.9%
- Other5.8%
- Ireland4.2%
How to invest in KMID 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 KMID and buy
Find the fund by its ticker, KMID, 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 KMID from India
What KMID holds
This exchange-traded fund aims to deliver compelling risk-adjusted performance over the long term by concentrating its investments in the equities of U.S. mid-capitalization firms. It targets companies distinguished by sustainable competitive advantages, exceptional leadership, conservative financial profiles, and robust growth prospects.
Dividends reinvested for you
Dividends from KMID'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
KMID 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 KMID 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 KMID from India?
Yes. Indian residents can buy Virtus KAR Mid- ETF (KMID) 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 KMID invest in?
Virtus KAR Mid- ETF holds 217 securities. Its largest holdings are AMETEK Inc (6.8%), Cash/Cash equivalents (5.9%) and West Pharmaceutical Services Inc (5.7%). Industrials is its largest sector at 39.8%. It is an accumulating fund domiciled in the US.
What is the expense ratio of KMID?
Virtus KAR Mid- ETF has an expense ratio of 0.8% a year, taken from the fund's assets rather than billed to you. The fund manages about $41.6M.
Does KMID pay dividends?
No. Virtus KAR Mid- 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 KMID?
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 KMID unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $23.41, and there is no minimum trade size.
What happens to my KMID 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.