iMGP DBi Absolute Return ETF
iMGP DBi Absolute Return ETF (AMEX: DBAR) is an exchange-traded fund listed on NYSE Arca, trading at $24.81 (about ₹2,340 a unit) as of 13 Nov 2026, 3:48 PM ET. It has an expense ratio of 0.86%. Indian residents can buy DBAR through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.75
Today's high
$24.81
52 week low
$23.69
52 week high
$25.88
DBAR opened at $24.75, closed previously at $24.76, and has traded between $23.69 and $25.88 over the past 52 weeks.
About
iMGP DBi Absolute Return ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation through a combination of a managed futures strategy and exposure to the U.S. large-cap equity market. The fund uses futures and other derivatives across asset classes as part of its managed futures strategy while investing in equity securities and derivatives to provide U.S. large-cap exposure. The ETF is listed on NYSE Arca under the ticker DBAR.
Key statistics
Expense ratio
0.86%
Assets (AUM)
$3.7M
Holdings
—
NAV
$24.72
Avg. volume
6.23K
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 194.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy DBAR from India
Indian residents can buy DBAR 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 DBAR 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 DBAR and buy
Find the fund by its ticker, DBAR, 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 DBAR position in USD and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying DBAR 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
- 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 DBAR price today?
iMGP DBi Absolute Return ETF (DBAR) last traded at $24.81 on NYSE Arca, as of 13 Nov 2026, 3:48 PM ET. That is ₹2,340 a unit at the 13 Nov 2026 USD/INR rate.
When does DBAR trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is DBAR, and what does it cost to hold?
iMGP DBi Absolute Return ETF manages about $3.7M. Its expense ratio is 0.86% a year, deducted inside the fund. It launched in 2026.
What are DBAR's largest holdings?
The top three are US 2YR NOTE (CBT) DEC26 (79.6%), US 10YR NOTE (CBT)DEC26 (67.7%) and EURO FX CURR FUT DEC26 (61.8%). DBAR's 10 largest positions make up 194.9% of the fund.
How are gains on DBAR 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 DBAR?
Yes. You can buy DBAR by amount rather than by whole unit, and there is no minimum trade size.