Longnook Uncommon Compounder ETF
Longnook Uncommon Compounder ETF (AMEX: LUNC) is an exchange-traded fund listed on NYSE Arca, trading at $25.29 (about ₹2,405 a unit) as of 16 Oct 2026, 9:46 AM ET. It has an expense ratio of 0.75%. Indian residents can buy LUNC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$25.29
Today's high
$25.29
52 week low
$24.84
52 week high
$25.64
LUNC opened at $25.29, closed previously at $25.29, and has traded between $24.84 and $25.64 over the past 52 weeks.
About
Longnook Uncommon Compounders ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of companies around the world that its sub-adviser identifies as “Misclassified Compounders.” The fund focuses on durable, high-quality businesses that the sub-adviser believes are priced by the market as though they do not have those characteristics. It may invest globally across developed and emerging markets and in companies of any market capitalization.
Key statistics
Expense ratio
0.75%
Assets (AUM)
$33.0M
Holdings
—
NAV
$25.32
Avg. volume
1.88K
1-year price change
—
5-year price change
—
Price change excludes dividends.
How to buy LUNC from India
Indian residents can buy LUNC 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 LUNC 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 LUNC and buy
Find the fund by its ticker, LUNC, 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 LUNC position in USD and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying LUNC 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
FAQs
What is the LUNC price today?
Longnook Uncommon Compounder ETF (LUNC) last traded at $25.29 on NYSE Arca, as of 16 Oct 2026, 9:46 AM ET. That is ₹2,405 a unit at the 15 Oct 2026 USD/INR rate.
When does LUNC 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 LUNC, and what does it cost to hold?
Longnook Uncommon Compounder ETF manages about $33.0M. Its expense ratio is 0.75% a year, deducted inside the fund. It launched in 2026.
How are gains on LUNC 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 LUNC?
Yes. You can buy LUNC by amount rather than by whole unit, and there is no minimum trade size.