Absolute Select Value ETF
Absolute Select Value ETF (AMEX: ABEQ) is an exchange-traded fund listed on NYSE Arca, trading at $40.11 (about ₹3,774 a unit) as of 12 Nov 2026, 3:59 PM ET. It has an expense ratio of 1.13% and holds 23 securities. Indian residents can buy ABEQ through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$40.11
Today's high
$40.25
52 week low
$35.21
52 week high
$40.25
ABEQ opened at $40.20, closed previously at $40.15, and has traded between $35.21 and $40.25 over the past 52 weeks.
About
ABEQ uses a proprietary five-stage process to actively manage its portfolio. This process is used to identify, purchase, and sell companies that the funds sub-adviser believes are fundamentally attractive and will yield positive returns in all market conditions, over complete market cycles, net of fees and expenses, and not returns that outperform a specific benchmark. The fund primarily invests in US companies of any market capitalization and in any sector, which are selected based on company-by-company analysis. With this bottom-up approach, the fund could be overweight in certain market sectors. In seeking to protect principal or if there are not sufficient companies at valuations appropriate for investment, ABEQ may also invest all or substantially all of its assets in cash and cash-like securities or ETFs.
Key statistics
Expense ratio
1.13%
Assets (AUM)
$149.5M
Holdings
23
NAV
$40.12
Avg. volume
10.09K
1-year price change
+12.13%
5-year price change
+41.48%
Price change excludes dividends.
Top 10 holdings
ABEQ holds 23 securities in total. These 10 are 67.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy ABEQ from India
Indian residents can buy ABEQ units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in ABEQ from India
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.
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.
Search ABEQ and buy
Find the fund by its ticker, ABEQ, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your ABEQ position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying ABEQ from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the ABEQ price today?
Absolute Select Value ETF (ABEQ) last traded at $40.11 on NYSE Arca, as of 12 Nov 2026, 3:59 PM ET. That is ₹3,774 a unit at the 12 Nov 2026 USD/INR rate.
When does ABEQ trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is ABEQ, and what does it cost to hold?
Absolute Select Value ETF manages about $149.5M. Its expense ratio is 1.13% a year, deducted inside the fund. It launched in 2020.
What are ABEQ's largest holdings?
The top three are Berkshire Hathaway, Inc. (12.0%), United States Treasury Strip Coupon 0%, Due 02/15/2027 (8.0%) and Franco-Nevada Corporation (7.3%). ABEQ's 10 largest positions make up 67.9% of the fund.
Does ABEQ pay dividends?
Yes. ABEQ is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. 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.
How are gains on ABEQ taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of ABEQ?
Yes. You can buy ABEQ by amount rather than by whole unit, and there is no minimum trade size.
How has ABEQ performed?
ABEQ's price is up 12.1% over the past year and up 41.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.