Invesco BulletShares 2031 Municipal Bond ETF
Invesco BulletShares 2031 Municipal Bond ETF (NASDAQ: BSMV) is an exchange-traded fund listed on NASDAQ, trading at $19.89 (about ₹1,908 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.18% and holds 1,616 securities. Indian residents can buy BSMV through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$19.85
Today's high
$20.01
52 week low
$19.85
52 week high
$21.53
BSMV opened at $19.99, closed previously at $19.98, and has traded between $19.85 and $21.53 over the past 52 weeks.
About
Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2031 Municipal Bond ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. It invests in the fixed income markets of the United States. It invests in U.S. dollar-denominated municipal bonds with effective maturities in the year 2031. The fund primarily invests in investment-grade securities that are rated BBB- and above by S&P and Fitch and Baa3 and above by Moody’s. The fund seeks to track the performance of the Invesco BulletShares Municipal Bond 2031 Index, by using representative sampling technique. Invesco Exchange-Traded Self-Indexed Fund Trust - Invesco BulletShares 2031 Municipal Bond ETF was formed on September 15, 2021 and is domiciled in the United States.
Key statistics
Expense ratio
0.18%
Assets (AUM)
$197.4M
Holdings
1,616
NAV
$19.94
Avg. volume
—
1-year price change
-5.38%
5-year price change
-20.26%
Price change excludes dividends.
Top 10 holdings
BSMV holds 1,616 securities in total. These 10 are 4.8% of the fund.
Where the money is invested
Countries
How to buy BSMV from India
Indian residents can buy BSMV 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 BSMV and buy
Find the fund by its ticker, BSMV, 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 BSMV from India
Trading and taxes when buying BSMV 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 BSMV price today?
Invesco BulletShares 2031 Municipal Bond ETF (BSMV) last traded at $19.89 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹1,908 a unit at the 25 Sep 2026 USD/INR rate.
When does BSMV 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 BSMV, and what does it cost to hold?
Invesco BulletShares 2031 Municipal Bond ETF manages about $197.4M. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2021.
What are BSMV's largest holdings?
The top three are USD Pending Dividends (1.2%), Triborough Bridge & Tunnel Authority 5.00% 05/15/2051 (0.6%) and State of New Jersey 4.00% 06/01/2031 (0.6%). BSMV's 10 largest positions make up 4.8% of the fund.
Does BSMV pay dividends?
Yes. BSMV 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 BSMV 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 BSMV?
Yes. You can buy BSMV by amount rather than by whole unit, and there is no minimum trade size.
How has BSMV performed?
BSMV's price is down 5.4% over the past year and down 20.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.