NASDAQ · ETF
Invest in LFSC ETF from India
Indian and foreign residents can buy F/M Emerald Life Sciences Innovation ETF (LFSC) units directly through Paasa.
By Paasa · Updated
LFSC at a glance
- Price
- $44.46-$0.21 (0.47%)
- Expense ratio
- 0.79%
- Day range
- $44.18 – $44.64
- Assets
- $123.0M
- Domicile
- the US
- Holdings
- —
- Launched
- 2024
- Dividends
- —
- 1 month
- -6.55%
- 6 months
- +31.01%
- YTD
- +18.98%
- 1 year
- +51.81%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Corcept Therapeutics IncCORT7.2%
- 2Travere Therapeutics IncTVTX6.9%
- 3LivaNova PLCLIVN6.4%
- 4Cogent Biosciences IncCOGT6.0%
- 5Billiontoone IncBLLN5.4%
- 6Spyre Therapeutics IncSYRE5.0%
- 7Guardant Health IncGH4.3%
- 8Replimune Group IncREPL4.1%
- 9Axsome Therapeutics IncAXSM3.6%
- 10Mirum Pharmaceuticals IncMIRM3.6%
These 10 are 52.6% of the fund.
Where the money is invested
Countries
- United States93.6%
- United Kingdom6.4%
How to invest in LFSC 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 LFSC and buy
Find the fund by its ticker, LFSC, 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 LFSC from India
What LFSC holds
The F/M Emerald Life Sciences Innovation ETF (LFSC) strategically invests in pioneering life science enterprises. Its core objective is to identify companies that are well-positioned for substantial long-term growth and the creation of significant value.
Hold a dollar asset
LFSC 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 LFSC 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 LFSC from India?
Yes. Indian residents can buy F/M Emerald Life Sciences Innovation ETF (LFSC) 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 LFSC invest in?
Its largest holdings are Corcept Therapeutics Inc (7.2%), Travere Therapeutics Inc (6.9%) and LivaNova PLC (6.4%). The fund is domiciled in the US.
What is the expense ratio of LFSC?
F/M Emerald Life Sciences Innovation ETF has an expense ratio of 0.79% a year, taken from the fund's assets rather than billed to you. The fund manages about $123.0M.
What tax do I pay in India when I sell LFSC?
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 LFSC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $44.46, and there is no minimum trade size.
What happens to my LFSC 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.