NASDAQ · ETF
Invest in DUKH ETF from India
Indian and foreign residents can buy Ocean Park High ETF (DUKH) units directly through Paasa.
By Paasa · Updated
DUKH at a glance
- Price
- $23.22-$0.03 (0.14%)
- Expense ratio
- 4.01%
- Day range
- $23.20 – $23.25
- Assets
- $23.0M
- Domicile
- the US
- Holdings
- —
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -2.50%
- 6 months
- -2.25%
- YTD
- -4.85%
- 1 year
- -5.78%
- 5 years
- —
Price change, excluding dividends.
Top 6 holdings
- 1SPDR Portfolio High Yield Bond ETF USD Class59.7%
- 2Invesco Senior Loan ETF USD Class30.1%
- 3VanEck J. P. Morgan EM Local Currency Bond ETF USD Class5.0%
- 4US DOLLARS5.0%
- 5BBH SWEEP VEHICLE0.3%
- 6Receivables/Payables—
These 6 are 100.0% of the fund.
Where the money is invested
Sectors
- Corporate86.7%
- Government10.2%
Countries
- United States94.8%
- Other5.2%
How to invest in DUKH 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 DUKH and buy
Find the fund by its ticker, DUKH, 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 DUKH from India
What DUKH holds
DUKH invests in unaffiliated high-yield fixed income ETFs using a proprietary trend-following strategy. The underlying ETFs, which could be passively or actively managed, may invest in government and corporate high-yield bonds of any maturity from around the world.
Hold a dollar asset
DUKH 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 DUKH 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 DUKH from India?
Yes. Indian residents can buy Ocean Park High ETF (DUKH) 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 DUKH invest in?
Its largest holdings are SPDR Portfolio High Yield Bond ETF USD Class (59.7%), Invesco Senior Loan ETF USD Class (30.1%) and VanEck J. P. Morgan EM Local Currency Bond ETF USD Class (5.0%). Corporate is its largest sector at 86.7%. It is a distributing fund domiciled in the US.
What is the expense ratio of DUKH?
Ocean Park High ETF has an expense ratio of 4.01% a year, taken from the fund's assets rather than billed to you. The fund manages about $23.0M.
How are DUKH dividends taxed in India?
Ocean Park High 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 DUKH?
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 DUKH unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $23.22, and there is no minimum trade size.
What happens to my DUKH 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.