GraniteShares Autocallable TSLA ETF
GraniteShares Autocallable TSLA ETF (NASDAQ: TLA) is an exchange-traded fund listed on NASDAQ, trading at $24.70 (about ₹2,381 a unit) as of 1 Oct 2026, 4:00 PM ET. It has an expense ratio of 1.07% and holds 6 securities. Indian residents can buy TLA through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$24.59
Today's high
$24.86
52 week low
$21.84
52 week high
$25.35
TLA opened at $24.59, closed previously at $24.69, and has traded between $21.84 and $25.35 over the past 52 weeks.
About
This Fund's objective is to generate potential monthly cash flow through investments in a diversified portfolio of single-stock autocallable options. These options are directly linked to the performance of specific underlying companies, such as Tesla Inc. The fund actively manages these positions using a systematic laddered approach and ongoing rolling strategies. While income distributions may be made when conditions allow, their frequency and amount are neither fixed nor guaranteed. Furthermore, investors should understand that the fund is exposed to the risk of capital loss tied to declines in the value of its reference equities.
Key statistics
Expense ratio
1.07%
Assets (AUM)
$4.9M
Holdings
6
NAV
$24.60
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 6 holdings
TLA holds 6 securities in total. These 6 are 100.0% of the fund.
How to buy TLA from India
Indian residents can buy TLA 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 TLA and buy
Find the fund by its ticker, TLA, on NASDAQ, 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 TLA from India
Trading and taxes when buying TLA 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 TLA price today?
GraniteShares Autocallable TSLA ETF (TLA) last traded at $24.70 on NASDAQ, as of 1 Oct 2026, 4:00 PM ET. That is ₹2,381 a unit at the 1 Oct 2026 USD/INR rate.
When does TLA trade, in Indian time?
NASDAQ 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 TLA, and what does it cost to hold?
GraniteShares Autocallable TSLA ETF manages about $4.9M. Its expense ratio is 1.07% a year, deducted inside the fund. It launched in 2026.
What are TLA's largest holdings?
The top three are US Dollars (101.1%), Nomura1 TLA (0.0%) and Nomura2 TLA. TLA's 6 largest positions make up 100.0% of the fund.
Does TLA pay dividends?
Yes. TLA 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 TLA 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 TLA?
Yes. You can buy TLA by amount rather than by whole unit, and there is no minimum trade size.