NYSE Arca · ETF
Invest in AAA ETF from India
Indian and foreign residents can buy Alternative Access First Priority CLO Bond ETF (AAA) units directly through Paasa.
By Paasa · Updated
AAA at a glance
- Price
- $24.77-$0.23 (0.90%)
- Expense ratio
- 0.19%
- Day range
- $24.75 – $24.90
- Assets
- $70.1M
- Domicile
- the US
- Holdings
- 31
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- -0.68%
- 6 months
- -0.56%
- YTD
- -0.92%
- 1 year
- -1.35%
- 5 years
- -0.96%
Price change, excluding dividends.
Top 10 holdings
- 1CASH11.2%
- 2APID 2021-35A A1 V/R 07/20/394.4%
- 3KKR 32A A1R2 V/R 07/15/394.4%
- 4FCBSL 2025-2A A V/R 10/15/384.3%
- 5LCM 38A AR2 V/R 11/04/384.3%
- 6CGMS 2019-4A A1R V/R 06/22/394.3%
- 7MDPK 2019-35A A1 V/R 02/13/394.3%
- 8PARPK 2021-1A AR V/R 01/20/394.3%
- 9NEUB 2015-20A A1 V/R 04/15/394.3%
- 10SIXST 2019-14A A V/R 01/20/384.3%
AAA holds 31 securities in total. These 10 are 50.3% of the fund.
Where the money is invested
Countries
- United States88.5%
- Other11.5%
How to invest in AAA from India
Step 1
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.
Step 2
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.
Step 3
Search AAA and buy
Find the fund by its ticker, AAA, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in AAA from India
What AAA holds
The Alternative Access AAA ETF is structured to safeguard capital and generate income. It achieves this by providing credit investors with diversified exposure to AAA-rated Collateralized Loan Obligations (CLOs), which are debt instruments backed by the cash flows from secured, senior-priority loans.
Hold a dollar asset
AAA is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one AAA unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy AAA from India?
Yes. Indian residents can buy Alternative Access First Priority CLO Bond ETF (AAA) through Paasa. It is listed on NYSE Arca and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does AAA invest in?
Alternative Access First Priority CLO Bond ETF holds 31 securities. Its largest holdings are CASH (11.2%), APID 2021-35A A1 V/R 07/20/39 (4.4%) and KKR 32A A1R2 V/R 07/15/39 (4.4%). It is a distributing fund domiciled in the US.
What is the expense ratio of AAA?
Alternative Access First Priority CLO Bond ETF has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about $70.1M.
How are AAA dividends taxed in India?
Alternative Access First Priority CLO Bond ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell AAA?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one AAA unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.77, and there is no minimum trade size.
What happens to my AAA units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.