Invesco BulletShares 2036 Municipal Bond ETF
Invesco BulletShares 2036 Municipal Bond ETF (NASDAQ: BSMA) is an exchange-traded fund listed on NASDAQ, trading at $24.13 (about ₹2,318 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.18% and holds 189 securities. Indian residents can buy BSMA through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.13
Today's high
$25.81
52 week low
$24.13
52 week high
$27.15
BSMA opened at $24.22, closed previously at $24.32, and has traded between $24.13 and $27.15 over the past 52 weeks.
About
This fund seeks to track the investment results of the ICE BulletShares® Municipal Bond 2036 Index. It generally invests in U.S. dollar-denominated, investment-grade municipal bonds issued by U.S. states and local governments that are scheduled to mature in 2036. The fund has a designated year of maturity and is intended to terminate on or about December 15, 2036.
Key statistics
Expense ratio
0.18%
Assets (AUM)
$4.9M
Holdings
189
NAV
$24.48
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
BSMA holds 189 securities in total. These 10 are 12.4% of the fund.
How to buy BSMA from India
Indian residents can buy BSMA 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 BSMA and buy
Find the fund by its ticker, BSMA, 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 BSMA from India
Trading and taxes when buying BSMA 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.
- 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 BSMA price today?
Invesco BulletShares 2036 Municipal Bond ETF (BSMA) last traded at $24.13 on NASDAQ, as of 29 Sep 2026, 4:00 PM ET. That is ₹2,318 a unit at the 28 Sep 2026 USD/INR rate.
When does BSMA 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 BSMA, and what does it cost to hold?
Invesco BulletShares 2036 Municipal Bond ETF manages about $4.9M. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2026.
What are BSMA's largest holdings?
The top three are City of New York NY 5.00% 08/01/2044 (1.4%), CASH & EQUIVALENTS (1.4%) and Mountain View Capital Improvements Financing Authority 5.00% 05/01/2056 (1.3%). BSMA's 10 largest positions make up 12.4% of the fund.
How are gains on BSMA 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 BSMA?
Yes. You can buy BSMA by amount rather than by whole unit, and there is no minimum trade size.