MFS Active Short Muni Bond ETF
MFS Active Short Muni Bond ETF (AMEX: MFSX) is an exchange-traded fund listed on NYSE Arca, trading at $24.69 (about ₹2,371 a unit) as of 25 Sep 2026, 11:41 AM ET. It has an expense ratio of 0.25%. Indian residents can buy MFSX through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.68
Today's high
$24.71
52 week low
$24.69
52 week high
$26.06
MFSX opened at $24.71, closed previously at $24.70, and has traded between $24.69 and $26.06 over the past 52 weeks.
About
This fund seeks to provide a high level of current income that is exempt from federal income tax. It is an actively managed exchange-traded fund that invests primarily in a portfolio of short-term, investment-grade municipal bonds. The fund's managers select securities based on their assessment of the issuer's credit quality, the instrument's terms, and prevailing market and economic conditions to manage interest rate sensitivity and credit risk.
Key statistics
Expense ratio
0.25%
Assets (AUM)
$16.1M
Holdings
—
NAV
$24.85
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 37.4% of the fund.
How to buy MFSX from India
Indian residents can buy MFSX 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 MFSX and buy
Find the fund by its ticker, MFSX, 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 MFSX from India
Trading and taxes when buying MFSX 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.
- 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 MFSX price today?
MFS Active Short Muni Bond ETF (MFSX) last traded at $24.69 on NYSE Arca, as of 25 Sep 2026, 11:41 AM ET. That is ₹2,371 a unit at the 24 Sep 2026 USD/INR rate.
When does MFSX 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 MFSX, and what does it cost to hold?
MFS Active Short Muni Bond ETF manages about $16.1M. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2026.
What are MFSX's largest holdings?
The top three are Cash & Cash Equivalents (12.4%), ILLINOIS ST (3.1%) and PORT AUTHOF NEW YORK NEW JE (2.9%). MFSX's 10 largest positions make up 37.4% of the fund.
How are gains on MFSX 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 MFSX?
Yes. You can buy MFSX by amount rather than by whole unit, and there is no minimum trade size.