NASDAQ · ETF
Invest in TISC ETF from India
Indian and foreign residents can buy Thrivent International Small ETF (TISC) units directly through Paasa.
By Paasa · Updated
TISC at a glance
- Price
- $23.65-$0.18 (0.75%)
- Expense ratio
- 0.55%
- Day range
- $23.54 – $23.73
- Assets
- $96.1M
- Domicile
- the US
- Holdings
- 596
- Launched
- 2026
- Dividends
- Accumulating
Top 10 holdings
- 1MSCI EAFE DEC26 IFUS 202612184.3%
- 2BALFOUR BEATTY PLC COMMON STOCK GBP.50.9%
- 3AURIZON HOLDINGS LTD COMMON STOCK0.7%
- 4KONINKLIJKE BAM GROEP NV COMMON STOCK EUR.10.6%
- 5IG GROUP HOLDINGS PLC COMMON STOCK GBP.000050.6%
- 6BLUESCOPE STEEL LTD COMMON STOCK0.6%
- 7SSC GOVERNMENT MM GVMXX0.6%
- 8IMI PLC COMMON STOCK GBP.28570.6%
- 9JAPAN PETROLEUM EXPLORATION COMMON STOCK0.6%
- 10OVS SPA COMMON STOCK NPV0.6%
TISC holds 596 securities in total. These 10 are 10.0% of the fund.
Where the money is invested
Countries
- Japan35.2%
- United Kingdom10.6%
- Australia10.5%
- Other5.0%
- France4.7%
- Israel3.9%
How to invest in TISC 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 TISC and buy
Find the fund by its ticker, TISC, 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 TISC from India
What TISC holds
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in equity securities of small companies.
Dividends reinvested for you
Dividends from TISC'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
TISC 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 TISC 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 TISC from India?
Yes. Indian residents can buy Thrivent International Small ETF (TISC) 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 TISC invest in?
Thrivent International Small ETF holds 596 securities. Its largest holdings are MSCI EAFE DEC26 IFUS 20261218 (4.3%), BALFOUR BEATTY PLC COMMON STOCK GBP.5 (0.9%) and AURIZON HOLDINGS LTD COMMON STOCK (0.7%). It is an accumulating fund domiciled in the US.
What is the expense ratio of TISC?
Thrivent International Small ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $96.1M.
Does TISC pay dividends?
No. Thrivent International Small 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 TISC?
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 TISC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $23.65, and there is no minimum trade size.
What happens to my TISC 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.