JPMorgan New York Tax Free Bond ETF
JPMorgan New York Tax Free Bond ETF (AMEX: JTNY) is an exchange-traded fund listed on NYSE Arca, trading at $48.54 (about ₹4,577 a unit) as of 13 Nov 2026, 3:59 PM ET. It has an expense ratio of 0.43% and holds 245 securities. Indian residents can buy JTNY through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$48.29
Today's high
$48.68
52 week low
$46.67
52 week high
$50.37
JTNY opened at $48.58, closed previously at $48.57, and has traded between $46.67 and $50.37 over the past 52 weeks.
About
The Fund seeks to provide monthly dividends that are excluded from gross income for federal income tax purposes and are exempt from New York State and New York City personal income taxes. It also seeks to protect the value of your investment.
Key statistics
Expense ratio
0.43%
Assets (AUM)
$443.7M
Holdings
245
NAV
$48.39
Avg. volume
63.35K
1-year price change
—
5-year price change
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Price change excludes dividends.
Top 10 holdings
JTNY holds 245 securities in total. These 10 are 13.2% of the fund.
Where the money is invested
Sectors
Countries
How to buy JTNY from India
Indian residents can buy JTNY 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 JTNY 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 JTNY and buy
Find the fund by its ticker, JTNY, on NYSE Arca, 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 JTNY 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 JTNY 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 JTNY price today?
JPMorgan New York Tax Free Bond ETF (JTNY) last traded at $48.54 on NYSE Arca, as of 13 Nov 2026, 3:59 PM ET. That is ₹4,577 a unit at the 13 Nov 2026 USD/INR rate.
When does JTNY trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is JTNY, and what does it cost to hold?
JPMorgan New York Tax Free Bond ETF manages about $443.7M. Its expense ratio is 0.43% a year, deducted inside the fund. It launched in 1997.
What are JTNY's largest holdings?
The top three are JPMI TAX FREE MMKTF IM (2.3%), NEW YORK ST MTG VAR 04/47 (1.8%) and NEW YORK ST HSG VAR 05/35 (1.7%). JTNY's 10 largest positions make up 13.2% of the fund.
Does JTNY pay dividends?
Yes. JTNY 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 JTNY 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 JTNY?
Yes. You can buy JTNY by amount rather than by whole unit, and there is no minimum trade size.