Dana Unconstrained Equity ETF
Dana Unconstrained Equity ETF (AMEX: DUNK) is an exchange-traded fund listed on NYSE Arca, trading at $28.35 (about ₹2,718 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.75%. Indian residents can buy DUNK through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.20
Today's high
$28.37
52 week low
$19.50
52 week high
$29.21
DUNK opened at $28.25, closed previously at $28.15, and has traded between $19.50 and $29.21 over the past 52 weeks.
About
The DUNK ETF strategically allocates its capital to enterprises actively leading or effectively adjusting to significant transformative trends. These encompass sectors such as online commerce, distributed computing, digital advertising, electric vehicles, biotechnology, and artificial intelligence. The fund maintains a concentrated portfolio, typically holding 15 to 30 equities. These holdings are chosen based on strong financial underpinnings, prudent valuation, and their connection to long-term profitability within these innovative domains. While its primary emphasis is on large, established companies, the ETF has the flexibility to invest in smaller firms and can incorporate international exposure through depositary receipts or holdings in developing markets when deemed appropriate. To mitigate risk, no individual position will surpass 15% of total assets. Additionally, up to 20% of the fund's assets may be held in cash, providing tactical flexibility. This conviction-based methodology allows the portfolio to adapt rapidly and capitalize on new opportunities as they emerge across diverse industries. By pairing strict valuation discipline with a sharp focus on disruptive growth, the strategy aims to capture gains driven by innovation while simultaneously minimizing the risk of overpaying for currently popular market themes.
Key statistics
Expense ratio
0.75%
Assets (AUM)
$169.7M
Holdings
—
NAV
$28.13
Avg. volume
—
1-year price change
+12.50%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 68.1% of the fund.
Where the money is invested
Countries
How to buy DUNK from India
Indian residents can buy DUNK 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 DUNK and buy
Find the fund by its ticker, DUNK, 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 DUNK from India
Trading and taxes when buying DUNK 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
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 DUNK price today?
Dana Unconstrained Equity ETF (DUNK) last traded at $28.35 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,718 a unit at the 26 Sep 2026 USD/INR rate.
When does DUNK 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 DUNK, and what does it cost to hold?
Dana Unconstrained Equity ETF manages about $169.7M. Its expense ratio is 0.75% a year, deducted inside the fund. It launched in 2025.
What are DUNK's largest holdings?
The top three are Snowflake Inc (11.3%), ServiceNow Inc (9.1%) and Microsoft Corp (9.0%). DUNK's 10 largest positions make up 68.1% of the fund.
How are gains on DUNK 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 DUNK?
Yes. You can buy DUNK by amount rather than by whole unit, and there is no minimum trade size.
How has DUNK performed?
DUNK's price is up 12.5% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.