Janus Henderson Small Cap Growth Alpha ETF
Janus Henderson Small Growth Alpha ETF (NASDAQ: JSML) is an exchange-traded fund listed on NASDAQ, trading at $85.93 (about ₹8,249 a unit) as of 30 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.3% and holds 119 securities. Indian residents can buy JSML through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$85.89
Today's high
$87.05
52 week low
$66.97
52 week high
$98.01
JSML opened at $86.27, closed previously at $86.48, and has traded between $66.97 and $98.01 over the past 52 weeks.
About
Janus Detroit Street Trust - Janus Henderson Small Cap Growth Alpha ETF is an exchange traded fund launched and managed by Janus Henderson Investors US LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of small-cap companies, within the market capitalization range of the Russell 2000 Growth Index. The fund employs fundamental and quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the Russell 3000 Index, the Russell 2000 Growth Index and the Janus Henderson Small Cap Growth Alpha Index. The fund employs proprietary research to create its portfolio. Janus Detroit Street Trust - Janus Henderson Small Cap Growth Alpha ETF was formed on February 23, 2016 and is domiciled in the United States.
Key statistics
Expense ratio
0.3%
Assets (AUM)
$339.6M
Holdings
119
NAV
$86.49
Avg. volume
—
1-year price change
+14.91%
5-year price change
+31.49%
Price change excludes dividends.
Top 10 holdings
JSML holds 119 securities in total. These 10 are 18.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy JSML from India
Indian residents can buy JSML 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 JSML and buy
Find the fund by its ticker, JSML, on NASDAQ, 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 JSML from India
Trading and taxes when buying JSML 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
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
- 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 JSML price today?
Janus Henderson Small Growth Alpha ETF (JSML) last traded at $85.93 on NASDAQ, as of 30 Sep 2026, 4:00 PM ET. That is ₹8,249 a unit at the 30 Sep 2026 USD/INR rate.
When does JSML trade, in Indian time?
NASDAQ 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 JSML, and what does it cost to hold?
Janus Henderson Small Growth Alpha ETF manages about $339.6M. Its expense ratio is 0.3% a year, deducted inside the fund. It launched in 2016.
What are JSML's largest holdings?
The top three are TriNet Group, Inc. (2.1%), Cactus, Inc. Class A (2.1%) and Ryman Hospitality Properties, Inc. (2.0%). JSML's 10 largest positions make up 18.0% of the fund.
Does JSML pay dividends?
No. JSML is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on JSML 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 JSML?
Yes. You can buy JSML by amount rather than by whole unit, and there is no minimum trade size.
How has JSML performed?
JSML's price is up 14.9% over the past year and up 31.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.