Paasa Logo

NYSE Arca · ETF

Invest in GSY ETF from India

Indian and foreign residents can buy Invesco Ultra Short Duration ETF (GSY) units directly through Paasa.

By Paasa · Updated

GSY at a glance

Price
$49.91+$0.01 (0.02%)
Expense ratio
0.22%
Day range
$49.90 – $49.93
Assets
$3.9B
Domicile
the US
Holdings
409
Launched
2008
Dividends
Distributing
1 month
-0.44%
6 months
-0.36%
YTD
-0.66%
1 year
-0.62%
5 years
-1.11%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1United States Treasury Note/Bond 4.13% 08/31/20282.9%
  2. 2United States Treasury Bill 09/02/20272.1%
  3. 3American Tower Corp 2.75% 01/15/20270.7%
  4. 4USD Pending Dividends0.7%
  5. 5Amazon.com Inc 4.28% 07/09/20290.6%
  6. 6Haleon US Capital LLC 3.38% 03/24/20270.6%
  7. 7HSBC USA Inc 08/09/20270.6%
  8. 8Gildan Activewear Inc 10/19/20260.6%
  9. 9NatWest Group PLC 5.58% 03/01/20280.5%
  10. 10GA Global Funding Trust 4.40% 09/23/20270.5%

GSY holds 409 securities in total. These 10 are 9.7% of the fund.

Where the money is invested

Countries

  • United States59.0%
  • Other26.6%
  • Canada5.8%
  • United Kingdom2.1%
  • France1.5%
  • Ireland1.4%

How to invest in GSY from India

  1. 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.

  2. 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.

  3. Step 3

    Search GSY and buy

    Find the fund by its ticker, GSY, 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 GSY from India

What GSY holds

Invesco Actively Managed Exchange-Traded Fund Trust - Invesco Ultra Short Duration ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc. It invests in fixed income markets of the United States.

Hold a dollar asset

GSY 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 GSY 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.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy GSY from India?

Yes. Indian residents can buy Invesco Ultra Short Duration ETF (GSY) 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 GSY invest in?

Invesco Ultra Short Duration ETF holds 409 securities. Its largest holdings are United States Treasury Note/Bond 4.13% 08/31/2028 (2.9%), United States Treasury Bill 09/02/2027 (2.1%) and American Tower Corp 2.75% 01/15/2027 (0.7%). It is a distributing fund domiciled in the US.

What is the expense ratio of GSY?

Invesco Ultra Short Duration ETF has an expense ratio of 0.22% a year, taken from the fund's assets rather than billed to you. The fund manages about $3.9B.

How are GSY dividends taxed in India?

Invesco Ultra Short Duration 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 GSY?

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 GSY unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $49.91, and there is no minimum trade size.

What happens to my GSY 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.

Share this guide
Get started

Build wealth in dollars, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you