New York Stock Exchange · ETF
Invest in MFSI ETF from India
Indian and foreign residents can buy MFS Active Exchange Traded Funds Trust - MFS Active International ETF (MFSI) units directly through Paasa.
By Paasa · Updated
MFSI at a glance
- Price
- $33.01-$0.21 (0.63%)
- Expense ratio
- 0.59%
- Day range
- $32.81 – $33.14
- Assets
- $1.2B
- Domicile
- the US
- Holdings
- —
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -1.93%
- 6 months
- +14.70%
- YTD
- +8.09%
- 1 year
- +13.01%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR SP ADRTSM8.0%
- 2SAMSUNG ELECTRONICS CO LTD005930.KS4.0%
- 3TENCENT HOLDINGS LTD UNS ADRTCEHY2.3%
- 4HITACHI LTD6501.T2.1%
- 5SCHNEIDERELECTRIC SESU.PA2.1%
- 6ROLLS ROYCE HOLDINGS PLCRR.L1.9%
- 7ING GROEPNVINGA.AS1.9%
- 8ROCHE HOLDING AGROP.SW1.9%
- 9TOTALENERGIES SETTE.PA1.9%
- 10NOVARTIS AG REGNOVN.SW1.8%
These 10 are 27.9% of the fund.
Where the money is invested
Sectors
- Financial Services24.8%
- Technology19.9%
- Industrials13.0%
- Healthcare8.5%
- Consumer Cyclical8.4%
- Consumer Defensive6.6%
Countries
- Japan14.6%
- France11.1%
- United Kingdom9.8%
- Switzerland9.5%
- Taiwan9.2%
- China6.0%
How to invest in MFSI 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 MFSI and buy
Find the fund by its ticker, MFSI, on the New York Stock Exchange, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in MFSI from India
What MFSI holds
MFSI offers broad exposure to the global ex-US equity space. The fund primarily invests in common stocks and depositary receipts issued by companies from developed and emerging markets, excluding the US.
Hold a dollar asset
MFSI 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 MFSI 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 MFSI from India?
Yes. Indian residents can buy MFS Active Exchange Traded Funds Trust - MFS Active International ETF (MFSI) through Paasa. It is listed on the New York Stock Exchange 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 MFSI invest in?
Its largest holdings are TAIWAN SEMICONDUCTOR SP ADR (8.0%), SAMSUNG ELECTRONICS CO LTD (4.0%) and TENCENT HOLDINGS LTD UNS ADR (2.3%). Financial Services is its largest sector at 24.8%. It is a distributing fund domiciled in the US.
What is the expense ratio of MFSI?
MFS Active Exchange Traded Funds Trust - MFS Active International ETF has an expense ratio of 0.59% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.2B.
How are MFSI dividends taxed in India?
MFS Active Exchange Traded Funds Trust - MFS Active International ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell MFSI?
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 MFSI unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $33.01, and there is no minimum trade size.
What happens to my MFSI 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.