Northern Trust New York Intermediate Tax-Exempt Bond ETF
Northern Trust New York Intermediate Tax-Exempt Bond ETF (NASDAQ: TXNY) is an exchange-traded fund listed on NASDAQ, trading at $48.94 (about ₹4,701 a unit) as of 29 Sep 2026, 4:15 PM ET. It has an expense ratio of 0.09% and holds 196 securities. Indian residents can buy TXNY through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$48.94
Today's high
$48.94
52 week low
$48.94
52 week high
$49.94
TXNY opened at $48.94, closed previously at $49.05, and has traded between $48.94 and $49.94 over the past 52 weeks.
About
Northern Trust New York Intermediate Tax-Exempt Bond ETF is a passively managed exchange-traded fund that seeks to track the price and yield performance of the ICE New York Intermediate Term Focused Municipal Bond Index. The fund primarily invests in New York municipal bonds with intermediate maturities that generally provide income exempt from regular federal income tax and New York state income taxes for New York residents. It uses a representative sampling strategy and generally rebalances its portfolio in line with the underlying index.
Key statistics
Expense ratio
0.09%
Assets (AUM)
$7.3M
Holdings
196
NAV
$49.01
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
TXNY holds 196 securities in total. These 10 are 12.5% of the fund.
Where the money is invested
Countries
How to buy TXNY from India
Indian residents can buy TXNY 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 TXNY and buy
Find the fund by its ticker, TXNY, 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 TXNY from India
Trading and taxes when buying TXNY 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.
- 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 TXNY price today?
Northern Trust New York Intermediate Tax-Exempt Bond ETF (TXNY) last traded at $48.94 on NASDAQ, as of 29 Sep 2026, 4:15 PM ET. That is ₹4,701 a unit at the 29 Sep 2026 USD/INR rate.
When does TXNY 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 TXNY, and what does it cost to hold?
Northern Trust New York Intermediate Tax-Exempt Bond ETF manages about $7.3M. Its expense ratio is 0.09% a year, deducted inside the fund. It launched in 2026.
What are TXNY's largest holdings?
The top three are CASH (2.8%), MONROE CNTY N Y INDL DEV CORP REV BDS 2023A (1.4%) and BROOKHAVEN N Y PUB IMPT BDS 2023 18/APR/2023 (1.2%). TXNY's 10 largest positions make up 12.5% of the fund.
How are gains on TXNY 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 TXNY?
Yes. You can buy TXNY by amount rather than by whole unit, and there is no minimum trade size.