USCF Midstream Energy Income Fund
USCF Midstream Energy Fund (AMEX: UMI) is an exchange-traded fund listed on NYSE Arca, trading at $56.97 (about ₹5,473 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.85% and holds 32 securities. Indian residents can buy UMI through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$56.54
Today's high
$57.36
52 week low
$47.74
52 week high
$64.77
UMI opened at $57.09, closed previously at $57.63, and has traded between $47.74 and $64.77 over the past 52 weeks.
About
USCF ETF Trust - USCF Midstream Energy Income Fund is an exchange traded fund launched and managed by USCF Advisers LLC. It is co-managed by Miller/Howard Investments, Inc. The fund invests in public equity markets of the United States and Canada region. The fund invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, crude petroleum and natural gas, natural gas liquids, oil and gas storage and transportation sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It seeks to benchmark the performance of its portfolio against the S&P 500 Index and Alerian Midstream Energy Select Total Return Index. USCF ETF Trust - USCF Midstream Energy Income Fund was formed on March 23, 2021 and is domiciled in the United States.
Key statistics
Expense ratio
0.85%
Assets (AUM)
$499.2M
Holdings
32
NAV
$56.86
Avg. volume
—
1-year price change
+10.99%
5-year price change
+94.44%
Price change excludes dividends.
Top 10 holdings
UMI holds 32 securities in total. These 10 are 62.7% of the fund.
Where the money is invested
Sectors
Countries
How to buy UMI from India
Indian residents can buy UMI 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 UMI and buy
Find the fund by its ticker, UMI, 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 UMI from India
Trading and taxes when buying UMI 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 UMI price today?
USCF Midstream Energy Fund (UMI) last traded at $56.97 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹5,473 a unit at the 29 Sep 2026 USD/INR rate.
When does UMI 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 UMI, and what does it cost to hold?
USCF Midstream Energy Fund manages about $499.2M. Its expense ratio is 0.85% a year, deducted inside the fund. It launched in 2021.
What are UMI's largest holdings?
The top three are ENERGY TRANSFER LP (8.7%), ENTERPRISE PRODUCTS PARTNERS (7.7%) and TARGA RESOURCES CORP (7.3%). UMI's 10 largest positions make up 62.7% of the fund.
Does UMI pay dividends?
Yes. UMI 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 UMI 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 UMI?
Yes. You can buy UMI by amount rather than by whole unit, and there is no minimum trade size.
How has UMI performed?
UMI's price is up 11.0% over the past year and up 94.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.