NASDAQ · ETF
Invest in DYFI ETF from India
Indian and foreign residents can buy IDX Dynamic Fixed ETF (DYFI) units directly through Paasa.
By Paasa · Updated
DYFI at a glance
- Price
- $22.29+$0.01 (0.03%)
- Expense ratio
- 1.13%
- Day range
- $22.27 – $22.29
- Assets
- $59.5M
- Domicile
- the US
- Holdings
- 9
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -1.52%
- 6 months
- -1.43%
- YTD
- -3.44%
- 1 year
- -4.31%
- 5 years
- —
Price change, excluding dividends.
Top 8 holdings
- 1JANUS HENDERSON AAA CLO ETF JANUS HENDERSON AAA CLO ETFJAAA20.4%
- 2PIMCO MULTISECTOR BOND ACPYLD20.0%
- 3VANECK VECTORS FALLEN ANGELANGL19.9%
- 4VANECK CLO ETF VANECK CLO ETFCLOI10.2%
- 5State Street Blackstone Senior Loan ETFSRLN10.1%
- 6VANGUARD SHORT-TERM TIPSVTIP8.1%
- 7ISHARES 1-5Y INV GRADE CORPIGSB6.2%
- 8SPDR BLOOMBERG BARCLAYS 1-3 MONTH T-BILL ETFBIL5.2%
DYFI holds 9 securities in total. These 8 are 100.0% of the fund.
Where the money is invested
Sectors
- Financial Services99.4%
- Energy0.6%
Countries
- United States99.5%
- Other0.5%
How to invest in DYFI 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 DYFI and buy
Find the fund by its ticker, DYFI, 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 DYFI from India
What DYFI holds
This actively managed Exchange Traded Fund (ETF) functions as a "fund of funds," dedicating a minimum of 80% of its net assets, including any borrowed capital for investment, to other ETFs. These underlying ETFs concentrate on diverse segments of the debt markets, such as corporate debt, U.S. government and agency-issued securities, private credit, international bonds (including those from developing economies), foreign government bonds, convertible instruments, Treasury Inflation-Protected Securities (TIPS), bank credit, asset-backed securities, mortgage-backed securities, and highly liqui…
Hold a dollar asset
DYFI 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 DYFI 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 DYFI from India?
Yes. Indian residents can buy IDX Dynamic Fixed ETF (DYFI) 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 DYFI invest in?
IDX Dynamic Fixed ETF holds 9 securities. Its largest holdings are JANUS HENDERSON AAA CLO ETF JANUS HENDERSON AAA CLO ETF (20.4%), PIMCO MULTISECTOR BOND AC (20.0%) and VANECK VECTORS FALLEN ANGEL (19.9%). Energy is its largest sector at 0.6%. It is a distributing fund domiciled in the US.
What is the expense ratio of DYFI?
IDX Dynamic Fixed ETF has an expense ratio of 1.13% a year, taken from the fund's assets rather than billed to you. The fund manages about $59.5M.
How are DYFI dividends taxed in India?
IDX Dynamic Fixed 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 DYFI?
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 DYFI unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $22.29, and there is no minimum trade size.
What happens to my DYFI 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.