JPMorgan Municipal ETF
JPMorgan Municipal ETF (AMEX: JMUB) is an exchange-traded fund listed on NYSE Arca, trading at $47.30 (about ₹4,544 a unit) as of 29 Sep 2026, 2:59 PM ET. It has an expense ratio of 0.18% and holds 2,115 securities. Indian residents can buy JMUB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$47.20
Today's high
$47.46
52 week low
$47.20
52 week high
$51.34
JMUB opened at $47.46, closed previously at $47.47, and has traded between $47.20 and $51.34 over the past 52 weeks.
About
The fund primarily allocates a minimum of 80% of its total assets to municipal securities, which generate income that is exempt from federal income tax. Its portfolio may include debt instruments issued by various entities, such as state and local government bodies, organizations linked to the U.S. government, and, in certain cases, private issuers. Furthermore, the fund has the flexibility to invest in structured municipal debt products like mortgage-backed securities (MBS) and asset-backed securities (ABS).
Key statistics
Expense ratio
0.18%
Assets (AUM)
$8.2B
Holdings
2,115
NAV
$47.33
Avg. volume
—
1-year price change
-6.10%
5-year price change
-14.02%
Price change excludes dividends.
Top 10 holdings
JMUB holds 2,115 securities in total. These 10 are 10.3% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy JMUB from India
Indian residents can buy JMUB 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 JMUB and buy
Find the fund by its ticker, JMUB, 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 JMUB from India
Trading and taxes when buying JMUB 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
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 JMUB price today?
JPMorgan Municipal ETF (JMUB) last traded at $47.30 on NYSE Arca, as of 29 Sep 2026, 2:59 PM ET. That is ₹4,544 a unit at the 28 Sep 2026 USD/INR rate.
When does JMUB 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 JMUB, and what does it cost to hold?
JPMorgan Municipal ETF manages about $8.2B. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2018.
What are JMUB's largest holdings?
The top three are JPMI TAX FREE MMKTF IM (5.4%), DISTRICT 5% 06/49 (0.7%) and BLACK BELT 5% 12/34 (0.7%). JMUB's 10 largest positions make up 10.3% of the fund.
Does JMUB pay dividends?
Yes. JMUB 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 JMUB 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 JMUB?
Yes. You can buy JMUB by amount rather than by whole unit, and there is no minimum trade size.
How has JMUB performed?
JMUB's price is down 6.1% over the past year and down 14.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.