Parnassus Income Funds - Parnassus Core Select ETF
Parnassus Funds - Parnassus Core Select ETF (NYSE: PRCS) is an exchange-traded fund listed on the New York Stock Exchange, trading at $28.78 (about ₹2,759 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.58% and holds 26 securities. Indian residents can buy PRCS through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.65
Today's high
$28.86
52 week low
$24.22
52 week high
$29.96
PRCS opened at $28.86, closed previously at $28.60, and has traded between $24.22 and $29.96 over the past 52 weeks.
About
PRCS targets a concentrated portfolio of approximately 20-30 equity securities, emphasizing both value and growth stocks primarily from large-cap US companies. The fund aims to identify businesses that are perceived to be undervalued or possess significant potential for revenue and earnings growth. The investment process involves a comprehensive analysis of company fundamentals, including assessment of financial statements and management quality. Key to the selection criteria are competitive advantages such as strong brand loyalty, operational efficiencies, and a robust network effect. PRCS additionally considers factors related to sustainable business practices, assessing ESG criteria including environmental impact, product safety, and corporate governance. The fund actively monitors its holdings to ensure compliance with its investment criteria, aiming to achieve capital appreciation while maintaining a commitment to responsible investing principles.
Key statistics
Expense ratio
0.58%
Assets (AUM)
$178.4M
Holdings
26
NAV
$28.81
Avg. volume
—
1-year price change
+10.86%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
PRCS holds 26 securities in total. These 10 are 60.1% of the fund.
Where the money is invested
Sectors
Countries
How to buy PRCS from India
Indian residents can buy PRCS 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 PRCS and buy
Find the fund by its ticker, PRCS, on the New York Stock Exchange, 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 PRCS from India
Trading and taxes when buying PRCS 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 PRCS price today?
Parnassus Funds - Parnassus Core Select ETF (PRCS) last traded at $28.78 on the New York Stock Exchange, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,759 a unit at the 26 Sep 2026 USD/INR rate.
When does PRCS trade, in Indian time?
The New York Stock Exchange 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 PRCS, and what does it cost to hold?
Parnassus Funds - Parnassus Core Select ETF manages about $178.4M. Its expense ratio is 0.58% a year, deducted inside the fund. It launched in 2024.
What are PRCS's largest holdings?
The top three are Microsoft Corp. (11.3%), Alphabet Inc., Class A (8.1%) and NVIDIA Corp. (8.0%). PRCS's 10 largest positions make up 60.1% of the fund.
Does PRCS pay dividends?
Yes. PRCS 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 PRCS 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 PRCS?
Yes. You can buy PRCS by amount rather than by whole unit, and there is no minimum trade size.
How has PRCS performed?
PRCS' price is up 10.9% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.