Invesco US Municipal Bond UCITS ETF
Invesco US Municipal Bond UCITS ETF (LSE: MUNI) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $30.14 (about ₹2,893 a unit) as of 1 Oct 2026, 3:00 AM ET. It has an expense ratio of 0.28%. Indian residents can buy MUNI through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$30.14
Today's high
$30.19
52 week low
$27.01
52 week high
$33.22
MUNI opened at $30.19, closed previously at $30.14, and has traded between $27.01 and $33.22 over the past 52 weeks.
About
Operating as a passively managed Exchange-Traded Fund (ETF), its primary objective is to track the total return generated by the ICE BofA US Taxable Municipal Securities Plus Index (the Index), with all returns calculated after the deduction of associated fees, expenditures, and trading costs.
Key statistics
Expense ratio
0.28%
Assets (AUM)
$14.6M
Holdings
—
NAV
$30.18
Avg. volume
—
1-year price change
-6.90%
5-year price change
-24.60%
Price change excludes dividends.
Top 10 holdings
These 10 are 10.7% of the fund.
Where the money is invested
Countries
How to buy MUNI from India
Indian residents can buy MUNI 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 MUNI and buy
Find the fund by its ticker, MUNI, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in MUNI from India
Trading and taxes when buying MUNI from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the MUNI price today?
Invesco US Municipal Bond UCITS ETF (MUNI) last traded at $30.14 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 3:00 AM ET. That is ₹2,893 a unit at the 30 Sep 2026 USD/INR rate.
When does MUNI trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is MUNI, and what does it cost to hold?
Invesco US Municipal Bond UCITS ETF manages about $14.6M. Its expense ratio is 0.28% a year, deducted inside the fund. It launched in 2021.
Is MUNI a UCITS ETF?
Yes. Invesco US Municipal Bond UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in US dollars.
What are MUNI's largest holdings?
The top three are California 7.55% 01/04/39 (1.6%), Illinois 5.1% 01/06/33 (1.5%) and California 7.6% 01/11/40 (1.3%). MUNI's 10 largest positions make up 10.7% of the fund.
Is MUNI subject to US estate tax?
No. Because MUNI is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is MUNI accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on MUNI taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has MUNI performed?
MUNI's price is down 6.9% over the past year and down 24.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MUNI different from a US-listed ETF?
MUNI is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.