Bluemonte Large Cap Core ETF
Bluemonte Large Core ETF (AMEX: BLUC) is an exchange-traded fund listed on NYSE Arca, trading at $31.42 (about ₹2,949 a unit) as of 11 Nov 2026, 3:59 PM ET. It has an expense ratio of 0.28% and holds 4 securities. Indian residents can buy BLUC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$31.36
Today's high
$31.56
52 week low
$24.53
52 week high
$32.84
BLUC opened at $31.36, closed previously at $30.97, and has traded between $24.53 and $32.84 over the past 52 weeks.
About
The Bluemonte Large Cap Core ETF (BLUC) strives for capital appreciation by allocating its assets to a diverse range of third-party funds that concentrate on large-capitalization companies. These underlying investments may employ either passive or active management styles, targeting companies within both U.S. and international markets, and encompassing various investment philosophies, including value and growth. BLUC employs a methodical strategy, starting with a top-down macroeconomic assessment, which is then complemented by bottom-up fundamental research to identify and select appropriate funds. The sub-adviser determines the desired asset allocation and return profile, opting for funds that effectively represent their asset class, are competitively priced, and exhibit strong performance relative to similar ETFs. When evaluating actively managed ETFs, an additional layer of scrutiny is applied to assess the quality and experience of the underlying fund's management team. As an actively managed fund, BLUC's manager possesses complete authority to modify the portfolio as market conditions evolve.
Key statistics
Expense ratio
0.28%
Assets (AUM)
$369.2M
Holdings
4
NAV
$30.97
Avg. volume
32.97K
1-year price change
+9.21%
5-year price change
—
Price change excludes dividends.
Top 5 holdings
BLUC holds 4 securities in total. These 5 are 100.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy BLUC from India
Indian residents can buy BLUC 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 BLUC 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 BLUC and buy
Find the fund by its ticker, BLUC, 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 BLUC position in USD and INR. BLUC reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying BLUC 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
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
- 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 BLUC price today?
Bluemonte Large Core ETF (BLUC) last traded at $31.42 on NYSE Arca, as of 11 Nov 2026, 3:59 PM ET. That is ₹2,949 a unit at the 11 Nov 2026 USD/INR rate.
When does BLUC 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 BLUC, and what does it cost to hold?
Bluemonte Large Core ETF manages about $369.2M. Its expense ratio is 0.28% a year, deducted inside the fund. It launched in 2025.
What are BLUC's largest holdings?
The top three are STE STR SPDR PT S&P 500 ETF (40.5%), VANGUARD MORNINGSTAR GROW (33.6%) and ISHR MSCI ETF-UI (20.0%). BLUC's 5 largest positions make up 100.0% of the fund.
Does BLUC pay dividends?
No. BLUC is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on BLUC 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 BLUC?
Yes. You can buy BLUC by amount rather than by whole unit, and there is no minimum trade size.
How has BLUC performed?
BLUC's price is up 9.2% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.