BNY Mellon Enhanced Dividend and Income ETF
BNY Mellon Enhanced Dividend and ETF (NASDAQ: BEDY) is an exchange-traded fund listed on NASDAQ, trading at $29.03 (about ₹2,783 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.5% and holds 60 securities. Indian residents can buy BEDY through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.82
Today's high
$29.03
52 week low
$26.01
52 week high
$30.65
BEDY opened at $28.99, closed previously at $28.87, and has traded between $26.01 and $30.65 over the past 52 weeks.
About
The BNY Mellon Enhanced Dividend and Income ETF (BEDY) aims to provide a comprehensive total return, consisting of both capital appreciation and a consistent stream of income. To achieve this objective, the fund typically allocates at least 80% of its net assets to dividend-paying stocks and other equity-related instruments chosen for their income-generating potential. Its portfolio managers actively seek out companies whose shares they believe are undervalued. They prioritize businesses demonstrating robust financial health, characterized by strong balance sheets, healthy cash flow, and reliable earnings, alongside an attractive dividend yield with the potential for future growth. Furthermore, the fund has the flexibility to invest up to 10% of its assets in Equity-Linked Notes (ELNs). These are sophisticated financial products that merge features of both bonds and stock options, with the fund specifically targeting ELNs structured to provide distributable income. As an Exchange Traded Fund, BEDY offers investors the advantage of daily liquidity, allowing for buying and selling throughout market trading hours.
Key statistics
Expense ratio
0.5%
Assets (AUM)
$259.3M
Holdings
60
NAV
$28.96
Avg. volume
—
1-year price change
—
5-year price change
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Price change excludes dividends.
Top 10 holdings
BEDY holds 60 securities in total. These 10 are 39.9% of the fund.
Where the money is invested
Countries
How to buy BEDY from India
Indian residents can buy BEDY 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 BEDY and buy
Find the fund by its ticker, BEDY, on NASDAQ, 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 BEDY from India
Trading and taxes when buying BEDY 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 BEDY price today?
BNY Mellon Enhanced Dividend and ETF (BEDY) last traded at $29.03 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,783 a unit at the 26 Sep 2026 USD/INR rate.
When does BEDY trade, in Indian time?
NASDAQ 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 BEDY, and what does it cost to hold?
BNY Mellon Enhanced Dividend and ETF manages about $259.3M. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 1985.
What are BEDY's largest holdings?
The top three are CITIGROUP GLOBAL MARKETS 9/4/2029 (7.9%), MICROSOFT CORP (5.2%) and DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT MONEY M (5.0%). BEDY's 10 largest positions make up 39.9% of the fund.
Does BEDY pay dividends?
Yes. BEDY 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 BEDY 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 BEDY?
Yes. You can buy BEDY by amount rather than by whole unit, and there is no minimum trade size.