NYSE Arca · ETF
Invest in HFIX ETF from India
Indian and foreign residents can buy Nomura High Yield Total Return ETF (HFIX) units directly through Paasa.
By Paasa · Updated
HFIX at a glance
- Price
- $25.16-$0.00 (0.02%)
- Expense ratio
- 0.45%
- Day range
- $25.12 – $25.16
- Assets
- $25.0M
- Domicile
- the US
- Holdings
- —
- Launched
- 2026
- Dividends
- —
Top 10 holdings
- 1US DOLLAR2.0%
- 2SOFTBANK 9.25% 04/321.0%
- 31261229 BC LTD 10% 04/320.8%
- 4ALLIED UNIVERSAL 6% 06/290.8%
- 5TRANSDIGM 6.375% 05/330.8%
- 61011778 BC ULC / 4% 10/300.7%
- 7GALAXY 9.875% 08/310.6%
- 8COREWEAVE INC 9.75% 10/310.5%
- 9WULF COMPUTE 7.75% 10/300.5%
- 10COINBASE 3.625% 10/310.5%
These 10 are 8.4% of the fund.
Where the money is invested
Countries
- United States97.6%
- Other2.4%
How to invest in HFIX 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 HFIX and buy
Find the fund by its ticker, HFIX, 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 HFIX from India
What HFIX holds
The Fund is an actively managed exchange-traded fund of Nomura ETF Trust that seeks current yield and capital growth. Under normal circumstances it invests at least 80% of net assets, plus any borrowings for investment purposes, in high yield bonds (also known as junk bonds) rated below investment grade by Moody's, S&P, or Fitch, or, if unrated, determined to be of comparable quality by Nomura Corporate Research and Asset Management Inc. (NCRAM).
Hold a dollar asset
HFIX 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 HFIX 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 HFIX from India?
Yes. Indian residents can buy Nomura High Yield Total Return ETF (HFIX) 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 HFIX invest in?
Its largest holdings are US DOLLAR (2.0%), SOFTBANK 9.25% 04/32 (1.0%) and 1261229 BC LTD 10% 04/32 (0.8%). The fund is domiciled in the US.
What is the expense ratio of HFIX?
Nomura High Yield Total Return ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $25.0M.
What tax do I pay in India when I sell HFIX?
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 HFIX unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $25.16, and there is no minimum trade size.
What happens to my HFIX 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.