American Century Diversified Municipal Bond ETF
American Century Diversified Municipal Bond ETF (AMEX: TAXF) is an exchange-traded fund listed on NYSE Arca, trading at $46.98 (about ₹4,513 a unit) as of 29 Sep 2026, 3:59 PM ET. It has an expense ratio of 0.25% and holds 794 securities. Indian residents can buy TAXF through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$46.92
Today's high
$47.16
52 week low
$46.91
52 week high
$51.42
TAXF opened at $47.16, closed previously at $47.25, and has traded between $46.91 and $51.42 over the past 52 weeks.
About
Aims to provide ongoing income that is not subject to federal income tax.
Key statistics
Expense ratio
0.25%
Assets (AUM)
$656.2M
Holdings
794
NAV
$47.04
Avg. volume
155.21K
1-year price change
-6.45%
5-year price change
-14.75%
Price change excludes dividends.
Top 10 holdings
TAXF holds 794 securities in total. These 10 are 8.0% of the fund.
Where the money is invested
Countries
How to buy TAXF from India
Indian residents can buy TAXF 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 TAXF and buy
Find the fund by its ticker, TAXF, 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 TAXF from India
Trading and taxes when buying TAXF 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 TAXF price today?
American Century Diversified Municipal Bond ETF (TAXF) last traded at $46.98 on NYSE Arca, as of 29 Sep 2026, 3:59 PM ET. That is ₹4,513 a unit at the 29 Sep 2026 USD/INR rate.
When does TAXF 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 TAXF, and what does it cost to hold?
American Century Diversified Municipal Bond ETF manages about $656.2M. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2018.
What are TAXF's largest holdings?
The top three are BLACKROCK CASH SWEEP BLACKROCK LIQ FD MUNICASH IN (1.9%), BUILD NYC RESOURCE CORP NY REV BUIGEN 12/31 FIXED 5.25 (0.9%) and PUBLIC FIN AUTH WI REVENUE PUBGEN 12/44 FIXED 5.5 (0.9%). TAXF's 10 largest positions make up 8.0% of the fund.
Does TAXF pay dividends?
Yes. TAXF 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 TAXF 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 TAXF?
Yes. You can buy TAXF by amount rather than by whole unit, and there is no minimum trade size.
How has TAXF performed?
TAXF's price is down 6.5% over the past year and down 14.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.