NYSE Arca · ETF
Invest in GRNJ ETF from India
Indian and foreign residents can buy Fundstrat Granny Shots US Small- & Mid- ETF (GRNJ) units directly through Paasa.
By Paasa · Updated
GRNJ at a glance
- Price
- $29.88+$0.19 (0.64%)
- Expense ratio
- 0.75%
- Day range
- $29.68 – $30.04
- Assets
- $495.0M
- Domicile
- the US
- Holdings
- 62
- Launched
- 2025
- Dividends
- Accumulating
- 1 month
- +1.70%
- 6 months
- +16.22%
- YTD
- +15.55%
- 1 year
- —
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Vicor CorpVICR2.2%
- 2Bloom Energy CorporationBE2.2%
- 3Natera, Inc. Common StockNTRA2.0%
- 4Sanmina CorpSANM1.9%
- 5Allient Inc. Common StockALNT1.9%
- 6Riot Platforms, Inc. Common StockRIOT1.9%
- 7Rambus IncRMBS1.8%
- 8Nebius Group N.V. Class A Ordinary SharesNBIS1.8%
- 9FormFactor Inc.FORM1.8%
- 10HF Sinclair CorporationDINO1.8%
GRNJ holds 62 securities in total. These 10 are 19.3% of the fund.
Where the money is invested
Countries
- United States90.9%
- Cayman Islands2.8%
- Netherlands1.8%
- United Kingdom1.7%
- Canada1.6%
- Other1.3%
How to invest in GRNJ 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 GRNJ and buy
Find the fund by its ticker, GRNJ, 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 GRNJ from India
What GRNJ holds
The Fundstrat Granny Shots US Small- & Mid-Cap ETF, operating under the Tidal Trust III, is an exchange-traded fund overseen by Tidal Investments LLC, with collaborative management provided by Fundstrat Capital, LLC. This fund primarily targets U.S. public equity markets, allocating capital to both growth-oriented and value-driven companies.
Dividends reinvested for you
Dividends from GRNJ's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
GRNJ 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 GRNJ 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 GRNJ from India?
Yes. Indian residents can buy Fundstrat Granny Shots US Small- & Mid- ETF (GRNJ) 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 GRNJ invest in?
Fundstrat Granny Shots US Small- & Mid- ETF holds 62 securities. Its largest holdings are Vicor Corp (2.2%), Bloom Energy Corporation (2.2%) and Natera, Inc. Common Stock (2.0%). It is an accumulating fund domiciled in the US.
What is the expense ratio of GRNJ?
Fundstrat Granny Shots US Small- & Mid- ETF has an expense ratio of 0.75% a year, taken from the fund's assets rather than billed to you. The fund manages about $495.0M.
Does GRNJ pay dividends?
No. Fundstrat Granny Shots US Small- & Mid- ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell GRNJ?
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 GRNJ unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $29.88, and there is no minimum trade size.
What happens to my GRNJ 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.