Invesco DB Agriculture Fund
Invesco DB Agriculture Fund (AMEX: DBA) is an exchange-traded fund listed on NYSE Arca, trading at $28.25 (about ₹2,714 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.9% and holds 16 securities. Indian residents can buy DBA through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.16
Today's high
$28.33
52 week low
$25.40
52 week high
$29.52
DBA opened at $28.24, closed previously at $28.25, and has traded between $25.40 and $29.52 over the past 52 weeks.
About
The Invesco DB Agriculture Fund strives to replicate the directional changes, positive or negative, of the DBIQ Diversified Agriculture Index Excess Return. Its total return also incorporates interest earnings from its primary investments in U.S. Treasury securities and money market instruments, after the deduction of the Fund's operational costs. This fund is structured to provide investors with a cost-effective and straightforward pathway to invest in commodity futures. The underlying Index is a systematically constructed benchmark comprising futures contracts on several of the most liquid and actively traded agricultural commodities. It is not possible to directly invest in the Index. Both the Fund and the Index undergo rebalancing and reconstitution each year in November. Potential investors should be aware that this Fund is not suitable for all, given the speculative characteristics of its investment approach and its engagement in highly volatile markets. The frequent price movements inherent in futures contracts carry a significant risk of substantial financial losses. For a complete understanding of these and other risks, please consult the "Risk and Other Information" section and the Fund's official Prospectus. Information concerning qualified notices for IRS Section 1446(f) Rule for Publicly Traded Partnerships (PTPs) can be found at our ETF tax center, along with the Form 1065 Schedule K-3 FAQ for Invesco DB Funds (Securities Act of 1933).
Key statistics
Expense ratio
0.9%
Assets (AUM)
$1.4B
Holdings
16
NAV
$28.54
Avg. volume
—
1-year price change
+4.98%
5-year price change
+47.75%
Price change excludes dividends.
Top 10 holdings
DBA holds 16 securities in total. These 10 are 163.1% of the fund.
Where the money is invested
Sectors
Countries
How to buy DBA from India
Indian residents can buy DBA 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 DBA and buy
Find the fund by its ticker, DBA, 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 DBA from India
Trading and taxes when buying DBA 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
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 DBA price today?
Invesco DB Agriculture Fund (DBA) last traded at $28.25 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹2,714 a unit at the 29 Sep 2026 USD/INR rate.
When does DBA 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 DBA, and what does it cost to hold?
Invesco DB Agriculture Fund manages about $1.4B. Its expense ratio is 0.9% a year, deducted inside the fund. It launched in 2007.
What are DBA's largest holdings?
The top three are Invesco Government & Agency Portfolio (87.3%), CBOT Soybean Future 11/13/2026 (14.7%) and CBOT Corn Future 09/14/2027 (14.6%). DBA's 10 largest positions make up 163.1% of the fund.
Does DBA pay dividends?
Yes. DBA 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 DBA 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 DBA?
Yes. You can buy DBA by amount rather than by whole unit, and there is no minimum trade size.
How has DBA performed?
DBA's price is up 5.0% over the past year and up 47.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.