NYSE Arca · ETF
Invest in CPRY ETF from India
Indian and foreign residents can buy Calamos Russell 2000 Structured Alt Protection ETF – January (CPRY) units directly through Paasa.
By Paasa · Updated
CPRY at a glance
- Price
- $28.17-$0.05 (0.18%)
- Expense ratio
- 0.69%
- Day range
- $28.16 – $28.24
- Assets
- $35.3M
- Domicile
- the US
- Holdings
- 5
- Launched
- 2025
- Dividends
- —
- 1 month
- -0.32%
- 6 months
- +4.14%
- YTD
- +4.41%
- 1 year
- +8.26%
- 5 years
- —
Price change, excluding dividends.
Top 5 holdings
- 1iShares Russell 2000 ETF (IWM) Long Call Option108.2%
- 2iShares Russell 2000 ETF (IWM) Long Put Option0.9%
- 3US DOLLAR0.4%
- 4NET OTHER ASSETS—
- 5iShares Russell 2000 ETF (IWM) Short Call Option—
CPRY holds 5 securities in total. These 5 are 100.0% of the fund.
How to invest in CPRY 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 CPRY and buy
Find the fund by its ticker, CPRY, 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 CPRY from India
What CPRY holds
These Calamos Structured Protection ETFs are designed to capture the positive price performance of the Russell 2000 index, up to a pre-defined maximum return. Concurrently, they offer full downside protection against any losses over a one-year investment horizon, before factoring in fees and expenses.
Hold a dollar asset
CPRY 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 CPRY 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 CPRY from India?
Yes. Indian residents can buy Calamos Russell 2000 Structured Alt Protection ETF – January (CPRY) 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 CPRY invest in?
Calamos Russell 2000 Structured Alt Protection ETF – January holds 5 securities. Its largest holdings are iShares Russell 2000 ETF (IWM) Long Call Option (108.2%), iShares Russell 2000 ETF (IWM) Long Put Option (0.9%) and US DOLLAR (0.4%). The fund is domiciled in the US.
What is the expense ratio of CPRY?
Calamos Russell 2000 Structured Alt Protection ETF – January has an expense ratio of 0.69% a year, taken from the fund's assets rather than billed to you. The fund manages about $35.3M.
What tax do I pay in India when I sell CPRY?
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 CPRY unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $28.17, and there is no minimum trade size.
What happens to my CPRY 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.