NYSE Arca · ETF
Invest in ABND ETF from India
Indian and foreign residents can buy American Century Core Plus ETF (ABND) units directly through Paasa.
By Paasa · Updated
ABND at a glance
- Price
- $41.87-$0.06 (0.13%)
- Expense ratio
- 0.32%
- Day range
- $41.87 – $41.94
- Assets
- $288.8M
- Domicile
- the US
- Holdings
- 504
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- +0.59%
- 6 months
- -3.87%
- YTD
- -5.35%
- 1 year
- -5.22%
- 5 years
- -15.76%
Price change, excluding dividends.
Top 10 holdings
- 1US TREASURY N/B 08/46 5.1254.5%
- 2US TREASURY N/B 02/56 4.752.7%
- 3FED HM LN PC POOL SD8474 FR 11/54 FIXED 51.3%
- 4SSC GOVERNMENT MM GVMXX1.1%
- 5FNMA TBA 30 YR 5.5 SINGLE FAMILY MORTGAGE0.9%
- 6FNMA POOL FS6931 FN 01/53 FIXED VAR0.9%
- 7FED HM LN PC POOL SD1967 FR 10/52 FIXED 40.8%
- 8FNMA POOL CA6739 FN 08/50 FIXED 30.8%
- 9FNMA POOL CB8146 FN 03/54 FIXED 5.50.8%
- 10FNMA POOL FA2719 FN 04/54 FIXED VAR0.8%
ABND holds 504 securities in total. These 10 are 14.6% of the fund.
Where the money is invested
Sectors
- Utilities77.9%
- Healthcare22.1%
Countries
- United States84.1%
- Cayman Islands3.4%
- Canada3.0%
- France1.7%
- Mexico1.4%
- United Kingdom1.1%
How to invest in ABND 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 ABND and buy
Find the fund by its ticker, ABND, 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 ABND from India
What ABND holds
ABND has wide latitude in pursuing current income and total return. The portfolio is actively managed, investing in investment grade corporate, high yield, bank loans, securitized and emerging market debt securities.
Hold a dollar asset
ABND 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 ABND 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 ABND from India?
Yes. Indian residents can buy American Century Core Plus ETF (ABND) 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 ABND invest in?
American Century Core Plus ETF holds 504 securities. Its largest holdings are US TREASURY N/B 08/46 5.125 (4.5%), US TREASURY N/B 02/56 4.75 (2.7%) and FED HM LN PC POOL SD8474 FR 11/54 FIXED 5 (1.3%). Utilities is its largest sector at 77.9%. It is a distributing fund domiciled in the US.
What is the expense ratio of ABND?
American Century Core Plus ETF has an expense ratio of 0.32% a year, taken from the fund's assets rather than billed to you. The fund manages about $288.8M.
How are ABND dividends taxed in India?
American Century Core Plus 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 ABND?
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 ABND unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $41.87, and there is no minimum trade size.
What happens to my ABND 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.