NASDAQ · ETF
Invest in ASEC ETF from India
Indian and foreign residents can buy American Century Securitized Credit ETF (ASEC) units directly through Paasa.
By Paasa · Updated
ASEC at a glance
- Price
- $49.23-$0.15 (0.30%)
- Expense ratio
- 0.29%
- Day range
- $49.23 – $49.23
- Assets
- $19.7M
- Domicile
- the US
- Holdings
- 111
- Launched
- 2026
- Dividends
- Distributing
Top 10 holdings
- 1SSC GOVERNMENT MM GVMXX2.2%
- 2US TREASURY N/B 05/29 3.8751.8%
- 3SUNRUN IRIS ISSUER SUNRN 2023 1A A 144A1.3%
- 4WOODWARD CAPITAL MANAGEMENT RCKT 2025 CES1 A2 144A1.3%
- 5LYRA MUSIC ASSETS (DELAWARE) L LYRA 2024 2A A2 144A1.2%
- 6(SUNNOVA) AURORA I ISSUER, LLC SNVA 2023 A A 144A1.2%
- 7PROGRESS RESIDENTIAL TRUST PROG 2022 SFR4 C 144A1.1%
- 8MOSAIC SOLAR LOANS LLC MSAIC 2025 1A A 144A1.1%
- 9DWIGHT 2025 FL1 ISSUER LLC DWIGHT 2025 FL1 C 144A1.0%
- 10VERTICAL BRIDGE CC, LLC VBTOW 2025 1A C 144A1.0%
ASEC holds 111 securities in total. These 10 are 13.2% of the fund.
Where the money is invested
Countries
- United States97.2%
- Other2.8%
How to invest in ASEC 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 ASEC and buy
Find the fund by its ticker, ASEC, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in ASEC from India
What ASEC holds
The American Century Securitized Credit ETF, an investment product under the American Century ETF Trust umbrella, is managed by American Century Investment Management Inc. This exchange-traded fund primarily allocates capital within the U.S. fixed income market. It specifically targets U.S. dollar-denominated, high-quality securitized debt instruments from non-traditional asset-backed sectors, maintaining a portfolio duration of less than five years.
Hold a dollar asset
ASEC 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 ASEC 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 ASEC from India?
Yes. Indian residents can buy American Century Securitized Credit ETF (ASEC) through Paasa. It is listed on NASDAQ 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 ASEC invest in?
American Century Securitized Credit ETF holds 111 securities. Its largest holdings are SSC GOVERNMENT MM GVMXX (2.2%), US TREASURY N/B 05/29 3.875 (1.8%) and SUNRUN IRIS ISSUER SUNRN 2023 1A A 144A (1.3%). It is a distributing fund domiciled in the US.
What is the expense ratio of ASEC?
American Century Securitized Credit ETF has an expense ratio of 0.29% a year, taken from the fund's assets rather than billed to you. The fund manages about $19.7M.
How are ASEC dividends taxed in India?
American Century Securitized Credit 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 ASEC?
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 ASEC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $49.23, and there is no minimum trade size.
What happens to my ASEC 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.