NYSE Arca · ETF
Invest in CAM ETF from India
Indian and foreign residents can buy Alliance Bernstein - AB California Intermediate Municipal ETF (CAM) units directly through Paasa.
By Paasa · Updated
CAM at a glance
- Price
- $23.98-$0.03 (0.12%)
- Expense ratio
- 0.27%
- Day range
- $23.95 – $24.01
- Assets
- $1.1B
- Domicile
- the US
- Holdings
- 423
- Launched
- 2025
- Dividends
- Distributing
- 1 month
- -3.42%
- 6 months
- -3.66%
- YTD
- -4.77%
- 1 year
- -4.16%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1LOS ANGELES CNTY CA LOS 06/27 FIXED 52.6%
- 2LOS ANGELES CA LOS 06/27 FIXED 51.8%
- 3CALIFORNIA CMNTY CHOICE FING A CCEDEV 01/54 ADJUSTABLE VAR1.5%
- 4SS3DYT1 IRS USD R F 4.00350 IS3DYT1 CCPOIS1.5%
- 5CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/54 ADJUSTABLE VAR1.5%
- 6CALIFORNIA ST INFRASTRUCTURE CA INFRASTRUCTURE C1.4%
- 7CALIFORNIA CMNTY CHOICE FING A CCEDEV 01/56 ADJUSTABLE VAR1.3%
- 8NET OTHER ASSETS1.2%
- 9BS377Y9 IRS USD R V 12MUSCPI IS377Z0 CCPINFLATIONZERO1.2%
- 10BAY AREA CA TOLL AUTH TOLL BRI BAYTRN 04/56 FLOATING VAR1.2%
CAM holds 423 securities in total. These 10 are 15.1% of the fund.
Where the money is invested
Countries
- United States97.9%
- Other2.1%
How to invest in CAM 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 CAM and buy
Find the fund by its ticker, CAM, 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 CAM from India
What CAM holds
An actively managed California Municipal ETF that seeks to enhance the after-tax return for California investors
Hold a dollar asset
CAM 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 CAM 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 CAM from India?
Yes. Indian residents can buy Alliance Bernstein - AB California Intermediate Municipal ETF (CAM) 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 CAM invest in?
Alliance Bernstein - AB California Intermediate Municipal ETF holds 423 securities. Its largest holdings are LOS ANGELES CNTY CA LOS 06/27 FIXED 5 (2.6%), LOS ANGELES CA LOS 06/27 FIXED 5 (1.8%) and CALIFORNIA CMNTY CHOICE FING A CCEDEV 01/54 ADJUSTABLE VAR (1.5%). It is a distributing fund domiciled in the US.
What is the expense ratio of CAM?
Alliance Bernstein - AB California Intermediate Municipal ETF has an expense ratio of 0.27% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.1B.
How are CAM dividends taxed in India?
Alliance Bernstein - AB California Intermediate Municipal 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 CAM?
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 CAM unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $23.98, and there is no minimum trade size.
What happens to my CAM 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.