iMGP DBi Managed Futures Fund R USD ETF Distribution -R USD ETF-
iMGP DBi Managed Futures Fund R ETF Distribution -R ETF (LSE: DBMF) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $137.96 (about ₹13,252 a unit) as of 30 Sep 2026, 8:53 AM ET. It has an expense ratio of 0.55%. Indian residents can buy DBMF through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$137.10
Today's high
$137.96
52 week low
$110.33
52 week high
$140.64
DBMF opened at $137.90, closed previously at $138.76, and has traded between $110.33 and $140.64 over the past 52 weeks.
About
The objective of this Fund is to provide its investors with long-term capital appreciation by implementing a UCITS compliant strategy that seeks to approximate the returns that alternative funds using managed futures style.
Key statistics
Expense ratio
0.55%
Assets (AUM)
$163.4M
Holdings
—
NAV
$136.88
Avg. volume
—
1-year price change
+25.36%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 82.2% of the fund.
Where the money is invested
Countries
How to buy DBMF from India
Indian residents can buy DBMF 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 DBMF and buy
Find the fund by its ticker, DBMF, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in DBMF from India
Trading and taxes when buying DBMF from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the DBMF price today?
iMGP DBi Managed Futures Fund R ETF Distribution -R ETF (DBMF) last traded at $137.96 on the London Stock Exchange ETF segment, as of 30 Sep 2026, 8:53 AM ET. That is ₹13,252 a unit at the 29 Sep 2026 USD/INR rate.
When does DBMF trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is DBMF, and what does it cost to hold?
iMGP DBi Managed Futures Fund R ETF Distribution -R ETF manages about $163.4M. Its expense ratio is 0.55% a year, deducted inside the fund. It launched in 2025.
What are DBMF's largest holdings?
The top three are UNITED STATES TREASURY BILL ZCP 22-09-26 (10.9%), UNITED STATES TREASURY BILL ZCP 08-09-26 (10.0%) and UNITED STATES TREASURY BILL ZCP 17-09-26 (10.0%). DBMF's 10 largest positions make up 82.2% of the fund.
How are gains on DBMF 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.
How has DBMF performed?
DBMF's price is up 25.4% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.