NYSE Arca · ETF
Invest in BYLD ETF from India
Indian and foreign residents can buy iShares Yield Optimized Bond ETF (BYLD) units directly through Paasa.
By Paasa · Updated
BYLD at a glance
- Price
- $21.54-$0.05 (0.23%)
- Expense ratio
- 0.41%
- Day range
- $21.53 – $21.61
- Assets
- $417.1M
- Domicile
- the US
- Holdings
- 7
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -3.49%
- 6 months
- -4.39%
- YTD
- -5.73%
- 1 year
- -6.02%
- 5 years
- -14.52%
Price change, excluding dividends.
Top 10 holdings
- 1BLACKROCK CASH CL INST SL AGENCY1.7%
- 2BLK CSH FND TREASURY SL AGENCY1.5%
- 3TREASURY BOND 1.13% 08/15/20400.7%
- 4TREASURY BOND 2.75% 08/15/20470.7%
- 5TREASURY NOTE 4.00% 11/15/20350.7%
- 6TREASURY NOTE (2OLD) 4.13% 02/15/20360.6%
- 7TREASURY NOTE 4.25% 05/31/20330.5%
- 8TREASURY BOND 1.75% 08/15/20410.5%
- 9TREASURY NOTE (2OLD) 4.38% 07/31/20330.5%
- 10TREASURY BOND 2.25% 08/15/20460.5%
BYLD holds 7 securities in total. These 10 are 7.8% of the fund.
Where the money is invested
Sectors
- Energy99.2%
- Real Estate0.8%
Countries
- United States91.2%
- China1.5%
- India0.9%
- Mexico0.6%
- Indonesia0.5%
- Malaysia0.5%
How to invest in BYLD 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 BYLD and buy
Find the fund by its ticker, BYLD, 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 BYLD from India
What BYLD holds
The iShares Yield Optimized Bond ETF endeavors to replicate the investment performance of a specific index. This benchmark is composed of several underlying bond funds, all of which are designed to collectively generate ongoing income.
Hold a dollar asset
BYLD 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 BYLD 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 BYLD from India?
Yes. Indian residents can buy iShares Yield Optimized Bond ETF (BYLD) 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 BYLD invest in?
iShares Yield Optimized Bond ETF holds 7 securities. Its largest holdings are BLACKROCK CASH CL INST SL AGENCY (1.7%), BLK CSH FND TREASURY SL AGENCY (1.5%) and TREASURY BOND 1.13% 08/15/2040 (0.7%). Real Estate is its largest sector at 0.8%. It is a distributing fund domiciled in the US.
What is the expense ratio of BYLD?
iShares Yield Optimized Bond ETF has an expense ratio of 0.41% a year, taken from the fund's assets rather than billed to you. The fund manages about $417.1M.
How are BYLD dividends taxed in India?
iShares Yield Optimized Bond 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 BYLD?
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 BYLD unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $21.54, and there is no minimum trade size.
What happens to my BYLD 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.