NYSE Arca · ETF
Invest in BKHY ETF from India
Indian and foreign residents can buy BNY Mellon High Yield ETF (BKHY) units directly through Paasa.
By Paasa · Updated
BKHY at a glance
- Price
- $46.02-$0.21 (0.45%)
- Expense ratio
- 0.22%
- Day range
- $46.02 – $46.05
- Assets
- $165.6M
- Domicile
- the US
- Holdings
- 1,621
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- -2.83%
- 6 months
- -1.86%
- YTD
- -4.32%
- 1 year
- -5.46%
- 5 years
- -18.64%
Price change, excluding dividends.
Top 10 holdings
- 1Net Current Assets1.5%
- 2DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT MONEY M0.7%
- 31261229 BC LTD 10 4/15/20320.5%
- 4CLOUD SOFTWARE GRP LLC 9 9/30/20290.4%
- 5MERIDIAN ARC HOLDCO LLC 6.25 4/30/20310.4%
- 6ECHOSTAR CORP 10.75 11/30/20290.4%
- 7OAK-EAGLE ACQUIRECO INC 7.25 7/1/20330.4%
- 8CLOUD SOFTWARE GRP LLC 6.5 3/31/20290.4%
- 9CENTENE CORP 4.625 12/15/20290.3%
- 10OAK-EAGLE ACQUIRECO INC 8.75 7/1/20340.3%
BKHY holds 1,621 securities in total. These 10 are 5.3% of the fund.
Where the money is invested
Countries
- United States85.1%
- Canada4.0%
- United Kingdom2.1%
- Luxembourg2.0%
- France1.0%
- Japan0.9%
How to invest in BKHY 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 BKHY and buy
Find the fund by its ticker, BKHY, 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 BKHY from India
What BKHY holds
BNY Mellon ETF Trust - BNY Mellon High Yield ETF is an exchange traded fund launched and managed by BNY Mellon ETF Investment Adviser, LLC. The fund is co-managed by Insight North America LLC.
Hold a dollar asset
BKHY 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 BKHY 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 BKHY from India?
Yes. Indian residents can buy BNY Mellon High Yield ETF (BKHY) 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 BKHY invest in?
BNY Mellon High Yield ETF holds 1,621 securities. Its largest holdings are Net Current Assets (1.5%), DREYFUS INSTITUTIONAL PREFERRED GOVERNMENT MONEY M (0.7%) and 1261229 BC LTD 10 4/15/2032 (0.5%). It is a distributing fund domiciled in the US.
What is the expense ratio of BKHY?
BNY Mellon High Yield ETF has an expense ratio of 0.22% a year, taken from the fund's assets rather than billed to you. The fund manages about $165.6M.
How are BKHY dividends taxed in India?
BNY Mellon High Yield 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 BKHY?
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 BKHY unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $46.02, and there is no minimum trade size.
What happens to my BKHY 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.