Infrastructure Capital Bond Income ETF
Infrastructure Capital Bond ETF (AMEX: BNDS) is an exchange-traded fund listed on NYSE Arca, trading at $49.38 (about ₹4,737 a unit) as of 28 Sep 2026, 1:12 PM ET. It has an expense ratio of 0.88% and holds 10 securities. Indian residents can buy BNDS through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$49.35
Today's high
$49.55
52 week low
$49.23
52 week high
$52.01
BNDS opened at $49.44, closed previously at $49.55, and has traded between $49.23 and $52.01 over the past 52 weeks.
About
The Infrastructure Capital Bond Income ETF primarily seeks to generate substantial ongoing income. A secondary aim for the fund is to strategically pursue growth in its asset value, achieved mainly through investments in fixed-income instruments.
Key statistics
Expense ratio
0.88%
Assets (AUM)
$95.5M
Holdings
10
NAV
$49.59
Avg. volume
—
1-year price change
-3.53%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
BNDS holds 10 securities in total. These 10 are 29.2% of the fund.
Similar funds
This is not an investment recommendation
How to buy BNDS from India
Indian residents can buy BNDS 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 BNDS and buy
Find the fund by its ticker, BNDS, 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 BNDS from India
Trading and taxes when buying BNDS 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 BNDS price today?
Infrastructure Capital Bond ETF (BNDS) last traded at $49.38 on NYSE Arca, as of 28 Sep 2026, 1:12 PM ET. That is ₹4,737 a unit at the 27 Sep 2026 USD/INR rate.
When does BNDS 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 BNDS, and what does it cost to hold?
Infrastructure Capital Bond ETF manages about $95.5M. Its expense ratio is 0.88% a year, deducted inside the fund. It launched in 2025.
What are BNDS's largest holdings?
The top three are Chemours Co/The 8% 01/15/2033 (3.2%), BW Real Estate Inc 9.5% 06/30/2175 (3.1%) and ILFC E-Capital Trust II 7.09% 12/21/2065 (3.1%). BNDS's 10 largest positions make up 29.2% of the fund.
Does BNDS pay dividends?
Yes. BNDS 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 BNDS 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 BNDS?
Yes. You can buy BNDS by amount rather than by whole unit, and there is no minimum trade size.
How has BNDS performed?
BNDS' price is down 3.5% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.