NYSE Arca · ETF
Invest in OASC ETF from India
Indian and foreign residents can buy OneAscent Enhanced Small and Mid ETF (OASC) units directly through Paasa.
By Paasa · Updated
OASC at a glance
- Price
- $34.16+$0.07 (0.21%)
- Expense ratio
- 1.38%
- Day range
- $34.16 – $34.16
- Assets
- $95.4M
- Domicile
- the US
- Holdings
- 10
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -1.36%
- 6 months
- +17.19%
- YTD
- +14.98%
- 1 year
- +19.82%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Reinsurance Group of America, Inc.3.8%
- 2US DOLLARS2.6%
- 3New Jersey Resources Corporation2.3%
- 4Royalty Pharma plc2.2%
- 5Northern Trust Corporation2.1%
- 6Hasbro, Inc.2.1%
- 7Ralph Lauren Corporation1.9%
- 8Affiliated Managers Group, Inc.1.7%
- 9Watts Water Technologies, Inc.1.6%
- 10HF Sinclair Corporation1.5%
OASC holds 10 securities in total. These 10 are 21.8% of the fund.
Where the money is invested
Sectors
- Financial Services24.6%
- Technology18.7%
- Healthcare17.1%
- Consumer Cyclical13.7%
- Industrials10.4%
- Basic Materials5.1%
Countries
- United States97.0%
- Other2.6%
- Cayman Islands0.4%
How to invest in OASC 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 OASC and buy
Find the fund by its ticker, OASC, 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 OASC from India
What OASC holds
The OneAscent Enhanced Small and Mid Cap ETF strives to achieve returns that surpass the Bloomberg US 2500 Total Return Index, calculated before the deduction of any expenses. It accomplishes this by selecting investments from a universe of assets that have successfully passed the rigorous OneAscent Values-Based Screening process.
Dividends reinvested for you
Dividends from OASC'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
OASC 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 OASC 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 OASC from India?
Yes. Indian residents can buy OneAscent Enhanced Small and Mid ETF (OASC) 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 OASC invest in?
OneAscent Enhanced Small and Mid ETF holds 10 securities. Its largest holdings are Reinsurance Group of America, Inc. (3.8%), US DOLLARS (2.6%) and New Jersey Resources Corporation (2.3%). Financial Services is its largest sector at 24.6%. It is an accumulating fund domiciled in the US.
What is the expense ratio of OASC?
OneAscent Enhanced Small and Mid ETF has an expense ratio of 1.38% a year, taken from the fund's assets rather than billed to you. The fund manages about $95.4M.
Does OASC pay dividends?
No. OneAscent Enhanced Small and 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 OASC?
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 OASC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $34.16, and there is no minimum trade size.
What happens to my OASC 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.