TCW Corporate Bond ETF
TCW Corporate Bond ETF (NYSE: IGCB) is an exchange-traded fund listed on the New York Stock Exchange, trading at $44.04 (about ₹4,186 a unit) as of 23 Oct 2026, 10:56 AM ET. It has an expense ratio of 0.35% and holds 421 securities. Indian residents can buy IGCB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$44.04
Today's high
$44.16
52 week low
$43.20
52 week high
$47.37
IGCB opened at $44.11, closed previously at $44.10, and has traded between $43.20 and $47.37 over the past 52 weeks.
About
Under typical conditions, the fund dedicates a minimum of 80% of its net asset value, plus any capital acquired through borrowing for investment, to a diverse collection of corporate debt securities. These bonds, which span a range of maturity dates, originate from companies based in the U.S. and other countries, including those within established and developing market economies. Its investment footprint covers the United States and international locations, with particular attention given to emerging markets and financial tools whose performance is economically linked to these nascent regions.
Key statistics
Expense ratio
0.35%
Assets (AUM)
$44.9M
Holdings
421
NAV
$44.03
Avg. volume
1.88K
1-year price change
-6.81%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
IGCB holds 421 securities in total. These 10 are 22.5% of the fund.
Where the money is invested
Countries
How to buy IGCB from India
Indian residents can buy IGCB 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 IGCB 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 IGCB and buy
Find the fund by its ticker, IGCB, on the New York Stock Exchange, 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 IGCB 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 IGCB 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
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate 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 IGCB price today?
TCW Corporate Bond ETF (IGCB) last traded at $44.04 on the New York Stock Exchange, as of 23 Oct 2026, 10:56 AM ET. That is ₹4,186 a unit at the 23 Oct 2026 USD/INR rate.
When does IGCB trade, in Indian time?
The New York Stock Exchange 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 IGCB, and what does it cost to hold?
TCW Corporate Bond ETF manages about $44.9M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2018.
What are IGCB's largest holdings?
The top three are US TREASURY N/B 09/28 4.75 (6.1%), US TREASURY N/B 08/46 5.125 (3.2%) and TCW CENTRAL CASH FUND TCW CENTRAL CASH FUND INST (3.2%). IGCB's 10 largest positions make up 22.5% of the fund.
Does IGCB pay dividends?
Yes. IGCB is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on IGCB taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of IGCB?
Yes. You can buy IGCB by amount rather than by whole unit, and there is no minimum trade size.
How has IGCB performed?
IGCB's price is down 6.8% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.