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MPDYAMEXMarket closedOpens 9:30am ET

m+ DualYield Autocall ETF

$23.92Last updated
-$0.38 (1.56%)Past day
Timezone

m+ DualYield Autocall ETF (AMEX: MPDY) is an exchange-traded fund listed on NYSE Arca, trading at $23.92 (about ₹2,298 a unit) as of 28 Sep 2026, 3:59 PM ET. It has an expense ratio of 0.7%. Indian residents can buy MPDY through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$23.96
Previous close:$24.30
Volume:8.45K

Today's low

$23.80

Today's high

$23.96

52 week low

$23.26

52 week high

$25.62

MPDY opened at $23.96, closed previously at $24.30, and has traded between $23.26 and $25.62 over the past 52 weeks.

About

m+ DualYield Autocall ETF seeks to generate high monthly income while aiming to reduce downside risk through exposure to the S&P 500 Futures 40% Defined Volatility Autocall Index TR. The fund is a non-diversified, actively managed exchange-traded fund that invests in U.S. Treasuries, cash, cash equivalents, and unfunded total return swaps providing exposure to the Autocall Index.

Issuer
m+ Funds
Exchange listed on
AMEX
Asset class
Alternatives
Base currency
USD
Domicile
United States
Dividends
Distributing
Launched
2026
ISIN
US92046L2887

Key statistics

Expense ratio

0.7%

Assets (AUM)

$17.5M

Holdings

—

NAV

$24.25

Avg. volume

—

1-year price change

—

5-year price change

—

Price change excludes dividends.

Top 4 holdings

1. B 10/13/26
99.5%
2. FRST AM-GV OB-X
0.5%
3. SPDV40AC TRS
0.1%
4. Receivables/Payables
—

These 4 are 100.0% of the fund.

How to buy MPDY from India

Indian residents can buy MPDY 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.

  1. 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.

  2. 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.

  3. Search MPDY and buy

    Find the fund by its ticker, MPDY, 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 MPDY from India

Trading and taxes when buying MPDY 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
Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit 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 MPDY price today?

m+ DualYield Autocall ETF (MPDY) last traded at $23.92 on NYSE Arca, as of 28 Sep 2026, 3:59 PM ET. That is ₹2,298 a unit at the 28 Sep 2026 USD/INR rate.

When does MPDY 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 MPDY, and what does it cost to hold?

m+ DualYield Autocall ETF manages about $17.5M. Its expense ratio is 0.7% a year, deducted inside the fund. It launched in 2026.

What are MPDY's largest holdings?

The top three are B 10/13/26 (99.5%), FRST AM-GV OB-X (0.5%) and SPDV40AC TRS (0.1%). MPDY's 4 largest positions make up 100.0% of the fund.

Does MPDY pay dividends?

Yes. MPDY is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.

How are gains on MPDY 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 MPDY?

Yes. You can buy MPDY by amount rather than by whole unit, and there is no minimum trade size.