New York Stock Exchange · ETF
Invest in BOND ETF from India
Indian and foreign residents can buy PIMCO Active Bond Exchange-Traded Fund (BOND) units directly through Paasa.
By Paasa · Updated
BOND at a glance
- Price
- $87.69+$0.12 (0.14%)
- Expense ratio
- 0.56%
- Day range
- $87.27 – $87.73
- Assets
- $8.6B
- Domicile
- the US
- Holdings
- 1,210
- Launched
- 2012
- Dividends
- Distributing
- 1 month
- -3.55%
- 6 months
- -4.23%
- YTD
- -6.42%
- 1 year
- -5.88%
- 5 years
- -20.61%
Price change, excluding dividends.
Top 10 holdings
- 1US TREASURY N/B 05/46 5 5.00% 05/15/204611.0%
- 2FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE 5.00% 11/12/20567.1%
- 3FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE 4.50% 11/12/20565.0%
- 4REPO BANK AMERICA REPO 3.90% 09/28/20264.2%
- 5PIMCO MORTGAGE BACKED SECURITI PIMCO MBS ACTIVE ETFPMBS3.8%
- 6GNMA II TBA 30 YR 5.5 JUMBOS 5.50% 10/20/20563.0%
- 7REPO BANK AMERICA REPO 3.92% 10/06/20262.3%
- 8FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 3.00% 11/12/20562.1%
- 9TSY INFL IX N/B 01/34 1.75 1.75% 01/15/20341.8%
- 10FED HM LN PC POOL SD7578 FR 04/55 FIXED 6 6.00% 04/01/20551.7%
BOND holds 1,210 securities in total. These 10 are 41.9% of the fund.
How to invest in BOND 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 BOND and buy
Find the fund by its ticker, BOND, on the New York Stock Exchange, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in BOND from India
What BOND holds
The Fund seeks current income and long-term capital appreciation, consistent with prudent investment management.
Hold a dollar asset
BOND 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 BOND 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 BOND from India?
Yes. Indian residents can buy PIMCO Active Bond Exchange-Traded Fund (BOND) through Paasa. It is listed on the New York Stock Exchange 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 BOND invest in?
PIMCO Active Bond Exchange-Traded Fund holds 1,210 securities. Its largest holdings are US TREASURY N/B 05/46 5 5.00% 05/15/2046 (11.0%), FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE 5.00% 11/12/2056 (7.1%) and FNMA TBA 30 YR 4.5 SINGLE FAMILY MORTGAGE 4.50% 11/12/2056 (5.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of BOND?
PIMCO Active Bond Exchange-Traded Fund has an expense ratio of 0.56% a year, taken from the fund's assets rather than billed to you. The fund manages about $8.6B.
How are BOND dividends taxed in India?
PIMCO Active Bond Exchange-Traded Fund 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 BOND?
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 BOND unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $87.69, and there is no minimum trade size.
What happens to my BOND 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.