Calamos Least-Of Autocallable Income ETF
Calamos Least-Of Autocallable ETF (AMEX: CAYN) is an exchange-traded fund listed on NYSE Arca, trading at $25.02 (about ₹2,383 a unit) as of 26 Oct 2026, 3:53 PM ET. It has an expense ratio of 0%. Indian residents can buy CAYN through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$25.01
Today's high
$25.02
52 week low
$25.00
52 week high
$25.02
CAYN opened at $25.02, closed previously at $25.02, and has traded between $25.00 and $25.02 over the past 52 weeks.
About
The Fund is an exchange-traded fund of Calamos ETF Trust that seeks to generate high monthly income while providing reduced downside risk through exposure to the MerQube US Equity Least-Of Autocallable Index (MQAUTOWL). The Index reflects a theoretical diversified portfolio of synthetic least-of (worst-of) autocallable notes. Their coupon, autocall, and principal outcomes depend on the least-performing of a basket of three exchange-traded funds: SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), and iShares Russell 2000 ETF (IWM). The Index was developed with MerQube and Citibank, and the Fund is expected to gain exposure through swaps. Per trade press, the portfolio holds at least 52 synthetic notes in a weekly ladder, each with a three-year maturity and coupon and principal barriers 30% below the reference assets' initial levels. It is described as the first indexed least-of autocallable income ETF.
Key statistics
Expense ratio
0%
Assets (AUM)
—
Holdings
—
NAV
$0.00
Avg. volume
0.00
1-year price change
—
5-year price change
—
Price change excludes dividends.
How to buy CAYN from India
Indian residents can buy CAYN 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 CAYN 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 CAYN and buy
Find the fund by its ticker, CAYN, 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 CAYN 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 CAYN 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
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit 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 CAYN price today?
Calamos Least-Of Autocallable ETF (CAYN) last traded at $25.02 on NYSE Arca, as of 26 Oct 2026, 3:53 PM ET. That is ₹2,383 a unit at the 26 Oct 2026 USD/INR rate.
When does CAYN 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 CAYN, and what does it cost to hold?
Its expense ratio is 0% a year, deducted inside the fund. It launched in 2026.
Does CAYN pay dividends?
Yes. CAYN is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on CAYN taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of CAYN?
Yes. You can buy CAYN by amount rather than by whole unit, and there is no minimum trade size.