Oakmark U.S. Concentrated ETF
Oakmark U.S. Concentrated ETF (AMEX: OAKL) is an exchange-traded fund listed on NYSE Arca, trading at $24.97 (about ₹2,418 a unit) as of 8 Oct 2026, 11:14 AM ET. It has an expense ratio of 0.64%. Indian residents can buy OAKL through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.97
Today's high
$25.11
52 week low
$24.92
52 week high
$25.12
OAKL opened at $25.08, closed previously at $25.08, and has traded between $24.92 and $25.12 over the past 52 weeks.
About
Oakmark U.S. Concentrated ETF is an actively managed, non-diversified exchange-traded fund that seeks long-term capital appreciation. The fund invests primarily in a concentrated portfolio of U.S. companies, typically holding 15 to 25 issuers, with a focus on larger companies that the adviser believes are undervalued based on fundamental research and intrinsic value. The fund does not concentrate in any particular industry and is designed to emphasize Oakmark's highest-conviction investment ideas.
Key statistics
Expense ratio
0.64%
Assets (AUM)
$279.6M
Holdings
—
NAV
$25.01
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
How to buy OAKL from India
Indian residents can buy OAKL 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 OAKL 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 OAKL and buy
Find the fund by its ticker, OAKL, 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 OAKL position in USD and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying OAKL 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 OAKL price today?
Oakmark U.S. Concentrated ETF (OAKL) last traded at $24.97 on NYSE Arca, as of 8 Oct 2026, 11:14 AM ET. That is ₹2,418 a unit at the 7 Oct 2026 USD/INR rate.
When does OAKL 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 OAKL, and what does it cost to hold?
Oakmark U.S. Concentrated ETF manages about $279.6M. Its expense ratio is 0.64% a year, deducted inside the fund. It launched in 2026.
How are gains on OAKL 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 OAKL?
Yes. You can buy OAKL by amount rather than by whole unit, and there is no minimum trade size.