Munificent Seven ETF
Munificent Seven ETF (AMEX: BBLS) is an exchange-traded fund listed on NYSE Arca, trading at $24.69 (about ₹2,367 a unit) as of 25 Sep 2026, 2:58 PM ET. It has an expense ratio of 0.32%. Indian residents can buy BBLS through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.66
Today's high
$24.69
52 week low
$23.91
52 week high
$26.08
BBLS opened at $24.66, closed previously at $24.88, and has traded between $23.91 and $26.08 over the past 52 weeks.
About
Munificent Seven ETF is an actively managed exchange-traded fund that seeks long-term capital growth by providing concentrated exposure to seven major global energy companies positioned to benefit from the growing power and infrastructure requirements of artificial intelligence. The fund invests primarily in ExxonMobil, Chevron, ConocoPhillips, Shell, TotalEnergies, BP, and Equinor, which it collectively refers to as the “Munificent Seven.” The fund focuses on companies involved in energy production and infrastructure that may benefit from increasing electricity demand associated with AI data centers and other energy-intensive technologies.
Key statistics
Expense ratio
0.32%
Assets (AUM)
$8.1M
Holdings
—
NAV
$24.68
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 176.8% of the fund.
Where the money is invested
Countries
How to buy BBLS from India
Indian residents can buy BBLS 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 BBLS and buy
Find the fund by its ticker, BBLS, 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 BBLS from India
Trading and taxes when buying BBLS 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
- 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 BBLS price today?
Munificent Seven ETF (BBLS) last traded at $24.69 on NYSE Arca, as of 25 Sep 2026, 2:58 PM ET. That is ₹2,367 a unit at the 26 Sep 2026 USD/INR rate.
When does BBLS 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 BBLS, and what does it cost to hold?
Munificent Seven ETF manages about $8.1M. Its expense ratio is 0.32% a year, deducted inside the fund. It launched in 2026.
What are BBLS's largest holdings?
The top three are HARBOR SHRT TRM TRESRY ETF (53.1%), CVX260820 TRS USD R E 166764100 (24.7%) and XOM260820 TRS USD R E RE EQUITY TRS (24.4%). BBLS's 10 largest positions make up 176.8% of the fund.
How are gains on BBLS 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 BBLS?
Yes. You can buy BBLS by amount rather than by whole unit, and there is no minimum trade size.