BNY Mellon Municipal Opportunities ETF
BNY Mellon Municipal Opportunities ETF (NASDAQ: BMOP) is an exchange-traded fund listed on NASDAQ, trading at $23.56 (about ₹2,260 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.54% and holds 673 securities. Indian residents can buy BMOP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$23.54
Today's high
$23.77
52 week low
$23.54
52 week high
$25.28
BMOP opened at $23.77, closed previously at $23.74, and has traded between $23.54 and $25.28 over the past 52 weeks.
About
To pursue its goal, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in U.S. dollar-denominated fixed-income securities that provide income exempt from federal personal income tax (municipal bonds). It may invest up to 20% of its assets in taxable fixed-income securities, including taxable municipal bonds and non-U.S. dollar-denominated foreign debt securities such as Brady bonds and sovereign debt obligations.
Key statistics
Expense ratio
0.54%
Assets (AUM)
$1.7B
Holdings
673
NAV
$23.75
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
BMOP holds 673 securities in total. These 10 are 7.6% of the fund.
How to buy BMOP from India
Indian residents can buy BMOP 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 BMOP and buy
Find the fund by its ticker, BMOP, 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 BMOP from India
Trading and taxes when buying BMOP 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
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate 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 BMOP price today?
BNY Mellon Municipal Opportunities ETF (BMOP) last traded at $23.56 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,260 a unit at the 25 Sep 2026 USD/INR rate.
When does BMOP 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 BMOP, and what does it cost to hold?
BNY Mellon Municipal Opportunities ETF manages about $1.7B. Its expense ratio is 0.54% a year, deducted inside the fund. It launched in 2008.
What are BMOP's largest holdings?
The top three are CASH (1.1%), INTERMOUNTAIN PWR AGY 5 7/1/2042 (0.9%) and CA CMNTY CHOICE FIN-F 5 11/1/2033 (0.8%). BMOP's 10 largest positions make up 7.6% of the fund.
Does BMOP pay dividends?
Yes. BMOP is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on BMOP taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of BMOP?
Yes. You can buy BMOP by amount rather than by whole unit, and there is no minimum trade size.