Northern Trust Core Bond ETF
Northern Trust Core Bond ETF (AMEX: BNDC) is an exchange-traded fund listed on NYSE Arca, trading at $21.53 (about ₹2,024 a unit) as of 9 Nov 2026, 3:58 PM ET. It has an expense ratio of 0.49% and holds 16 securities. Indian residents can buy BNDC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$21.53
Today's high
$21.53
52 week low
$20.95
52 week high
$23.74
BNDC opened at $21.53, closed previously at $21.51, and has traded between $20.95 and $23.74 over the past 52 weeks.
About
The FlexShares Core Select Bond Fund (BNDC) is designed for individuals who desire an expertly managed allocation to fixed-income assets. This fund constructs its portfolio using exchange-traded funds that track bond indices without active management. Its primary goals are to generate comprehensive investment gains and safeguard the value of the invested capital.
Key statistics
Expense ratio
0.49%
Assets (AUM)
$183.3M
Holdings
16
NAV
$21.50
Avg. volume
20.21K
1-year price change
-4.25%
5-year price change
-17.87%
Price change excludes dividends.
Top 10 holdings
BNDC holds 16 securities in total. These 10 are 99.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy BNDC from India
Indian residents can buy BNDC 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 BNDC 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 BNDC and buy
Find the fund by its ticker, BNDC, 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 BNDC position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying BNDC 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
FAQs
What is the BNDC price today?
Northern Trust Core Bond ETF (BNDC) last traded at $21.53 on NYSE Arca, as of 9 Nov 2026, 3:58 PM ET. That is ₹2,024 a unit at the 8 Nov 2026 USD/INR rate.
When does BNDC 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 BNDC, and what does it cost to hold?
Northern Trust Core Bond ETF manages about $183.3M. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 2016.
What are BNDC's largest holdings?
The top three are ISHARES 1-5 YEAR INVESTMENT GRADE CORPORATE BOND (20.2%), NORTHERN TRUST ULTRA-SHORT FIXED INCOME ETF ETP (19.3%) and NORTHERN TRUST CREDIT-SCORED US CORPORATE BOND ETF (14.2%). BNDC's 10 largest positions make up 99.9% of the fund.
Does BNDC pay dividends?
Yes. BNDC 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 BNDC 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 BNDC?
Yes. You can buy BNDC by amount rather than by whole unit, and there is no minimum trade size.
How has BNDC performed?
BNDC's price is down 4.2% over the past year and down 17.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.