Innovator Index Autocallable Income Strategy ETF
Innovator Index Autocallable Strategy ETF (AMEX: ACII) is an exchange-traded fund listed on NYSE Arca, trading at $25.63 (about ₹2,462 a unit) as of 29 Sep 2026, 2:11 PM ET. It has an expense ratio of 0.79% and holds 6 securities. Indian residents can buy ACII through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$25.49
Today's high
$25.78
52 week low
$24.35
52 week high
$26.87
ACII opened at $25.58, closed previously at $25.55, and has traded between $24.35 and $26.87 over the past 52 weeks.
About
ACII is actively managed, entering into OTC swap agreements. The swaps are structured to mirror the returns of autocallable instruments linked to three major US Equity ETFs: SPDR S&P 500 ETF (SPY), Invesco Nasdaq-100 ETF (QQQ), and the iShares Russell 2000 ETF (IWM). The autocallable instruments generate coupon payments that are contingent on the performance of all three ETFs and are designed so that the fund only participates in losses if one of the three indices declines more than 30%. The swap agreements are staggered across different maturity and observation dates, seeking to reduce timing and reinvestment risks. Measurement dates for the instruments include monthly coupon dates, quarterly call dates, and a final maturity date (typically three years). New autocallable positions are initiated as existing ones mature or are called. Uninvested assets are placed in short-term Treasury bills or money-market funds, as collateral for swaps. The fund may use box spread options to manage cash or generate income.
Key statistics
Expense ratio
0.79%
Assets (AUM)
$133.8M
Holdings
6
NAV
$25.37
Avg. volume
47.16K
1-year price change
+1.91%
5-year price change
—
Price change excludes dividends.
Top 6 holdings
ACII holds 6 securities in total. These 6 are 100.0% of the fund.
Where the money is invested
Countries
How to buy ACII from India
Indian residents can buy ACII units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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 ACII and buy
Find the fund by its ticker, ACII, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in ACII from India
Trading and taxes when buying ACII 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
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the ACII price today?
Innovator Index Autocallable Strategy ETF (ACII) last traded at $25.63 on NYSE Arca, as of 29 Sep 2026, 2:11 PM ET. That is ₹2,462 a unit at the 28 Sep 2026 USD/INR rate.
When does ACII trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is ACII, and what does it cost to hold?
Innovator Index Autocallable Strategy ETF manages about $133.8M. Its expense ratio is 0.79% a year, deducted inside the fund. It launched in 2025.
What are ACII's largest holdings?
The top three are United States Treasury Bill 09/29/2026 (98.4%), US BANK MMDA - USBGFS 9 09/01/2037 (1.2%) and Worst of SPY QQQ IWM 2029 (0.3%). ACII's 6 largest positions make up 100.0% of the fund.
Does ACII pay dividends?
Yes. ACII 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 ACII 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 ACII?
Yes. You can buy ACII by amount rather than by whole unit, and there is no minimum trade size.
How has ACII performed?
ACII's price is up 1.9% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.