ALPS Dynamic Core Income ETF
ALPS Dynamic Core ETF (AMEX: RFCI) is an exchange-traded fund listed on NYSE Arca, trading at $21.37 (about ₹2,060 a unit) as of 2 Oct 2026, 12:34 PM ET. It has an expense ratio of 0.51% and holds 109 securities. Indian residents can buy RFCI through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$21.36
Today's high
$21.43
52 week low
$21.24
52 week high
$23.04
RFCI opened at $21.43, closed previously at $21.39, and has traded between $21.24 and $23.04 over the past 52 weeks.
About
RFCI offers considerable flexibility in its investment approach and the types of securities it can hold, although it operates within more defined boundaries than fully unconstrained funds. This actively managed fund leverages quantitative analysis and current market conditions to select fixed income securities. Its potential holdings span a wide range, including government debt from the U.S. and other nations, high-yield bonds, emerging market debt, mortgage-backed securities (MBS), asset-backed securities (ABS), convertible bonds, preferred shares, and municipal bonds. Specific allocation limits are in place: a maximum of 20% can be invested in MBS, commercial mortgage-backed (CMBS), or ABS instruments, while high-yield bonds are capped at 15%. Furthermore, investments in both emerging market debt and non-U.S. dollar denominated bonds are each limited to 10% of the portfolio. The fund explicitly states it does not target specific average maturity, credit ratings, or duration metrics. Consequently, due to its active management and less transparent methodologies, an investment decision in RFCI heavily relies on an investor's confidence in the fund's management team.
Key statistics
Expense ratio
0.51%
Assets (AUM)
$12.8M
Holdings
109
NAV
$21.41
Avg. volume
—
1-year price change
-6.27%
5-year price change
-16.23%
Price change excludes dividends.
Top 10 holdings
RFCI holds 109 securities in total. These 10 are 42.4% of the fund.
Where the money is invested
Countries
How to buy RFCI from India
Indian residents can buy RFCI 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 RFCI and buy
Find the fund by its ticker, RFCI, 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 RFCI from India
Trading and taxes when buying RFCI 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.
- 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
- 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 RFCI price today?
ALPS Dynamic Core ETF (RFCI) last traded at $21.37 on NYSE Arca, as of 2 Oct 2026, 12:34 PM ET. That is ₹2,060 a unit at the 1 Oct 2026 USD/INR rate.
When does RFCI 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 RFCI, and what does it cost to hold?
ALPS Dynamic Core ETF manages about $12.8M. Its expense ratio is 0.51% a year, deducted inside the fund. It launched in 2016.
What are RFCI's largest holdings?
The top three are U.S. Treasury Bond 4.75 11/15/2043 (11.0%), U.S. Treasury Bond 4.00 11/15/2052 (4.1%) and Kinetik Holdings LP 6.625 12/15/2028 (3.9%). RFCI's 10 largest positions make up 42.4% of the fund.
Does RFCI pay dividends?
Yes. RFCI is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on RFCI 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 RFCI?
Yes. You can buy RFCI by amount rather than by whole unit, and there is no minimum trade size.
How has RFCI performed?
RFCI's price is down 6.3% over the past year and down 16.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.