NASDAQ · ETF
Invest in BUFC ETF from India
Indian and foreign residents can buy AB Conservative Buffer ETF (BUFC) units directly through Paasa.
By Paasa · Updated
BUFC at a glance
- Price
- $43.44+$0.02 (0.05%)
- Expense ratio
- 0.69%
- Day range
- $43.42 – $43.50
- Assets
- $1.1B
- Domicile
- the US
- Holdings
- 7
- Launched
- 2023
- Dividends
- —
- 1 month
- +0.32%
- 6 months
- +7.93%
- YTD
- +4.88%
- 1 year
- +7.15%
- 5 years
- —
Price change, excluding dividends.
Top 8 holdings
- 14SPY 11/30/26 C3.86 4SPY 11/30/26 C3.8698.4%
- 24SPY 11/30/26 P772.49 4SPY 11/30/26 P772.492.2%
- 3ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 5870.5%
- 4US DOLLAR0.0%
- 5OPTIONS MORGAN STANLEY COC OPTION CASH COLLATERAL USD0.0%
- 6NET OTHER ASSETS—
- 74SPY 11/30/26 P656.62 4SPY 11/30/26 P656.62—
- 84SPY 11/30/26 C798.75 4SPY 11/30/26 C798.75—
BUFC holds 7 securities in total. These 8 are 100.0% of the fund.
Where the money is invested
Sectors
- Technology38.5%
- Financial Services12.1%
- Communication Services9.6%
- Consumer Cyclical9.3%
- Healthcare9.3%
- Industrials7.8%
How to invest in BUFC 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 BUFC and buy
Find the fund by its ticker, BUFC, 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 BUFC from India
What BUFC holds
The fund seeks to achieve its investment objective by investing, under normal conditions, substantially all of its assets in a combination of exchange-traded options contracts on an underlying ETF. The underlying ETF (initially expected to be the SPDR® S&P 500® ETF Trust) is an ETF that seeks to track the investment results of the S&P 500 Index, which measures the performance of the large-capitalization sector of the U.S. equity market, as determined by S&P Dow Jones Indices LLC.
Hold a dollar asset
BUFC 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 BUFC 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 BUFC from India?
Yes. Indian residents can buy AB Conservative Buffer ETF (BUFC) 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 BUFC invest in?
AB Conservative Buffer ETF holds 7 securities. Its largest holdings are 4SPY 11/30/26 C3.86 4SPY 11/30/26 C3.86 (98.4%), 4SPY 11/30/26 P772.49 4SPY 11/30/26 P772.49 (2.2%) and ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 (0.5%). Technology is its largest sector at 38.5%. The fund is domiciled in the US.
What is the expense ratio of BUFC?
AB Conservative Buffer ETF has an expense ratio of 0.69% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.1B.
What tax do I pay in India when I sell BUFC?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are 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 BUFC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $43.44, and there is no minimum trade size.
What happens to my BUFC 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.