NASDAQ · ETF
Invest in HINC ETF from India
Indian and foreign residents can buy Hartford High Yield ETF (HINC) units directly through Paasa.
By Paasa · Updated
HINC at a glance
- Price
- $39.97+$0.01 (0.03%)
- Expense ratio
- 0.5%
- Day range
- $39.88 – $39.97
- Assets
- $397.3M
- Domicile
- the US
- Holdings
- 207
- Launched
- 2026
- Dividends
- —
Top 10 holdings
- 1US TREASURY N/B 05/29 4.53.4%
- 2US DOLLAR3.1%
- 3ISHARES IBOXX USD HIGH YIELD C ISHR IBX USD HIYLD CB ETF UI1.6%
- 4ARDONAGH GROUP FINANCE SR UNSECURED 144A 02/32 8.8751.6%
- 51261229 BC LTD SR SECURED 144A 04/32 101.5%
- 6TENET HEALTHCARE CORP SR SECURED 05/31 6.751.4%
- 7NEP GROUP INC 2025 TERM LOAN B1.4%
- 8HOWDEN UK REFINANCE / US SR UNSECURED 144A 02/32 8.1251.3%
- 9CCO HLDGS LLC/CAP CORP SR UNSECURED 144A 02/31 4.251.3%
- 10PETCO HEALTH + WELLNESS SR SECURED 144A 02/31 8.251.3%
HINC holds 207 securities in total. These 10 are 17.9% of the fund.
Where the money is invested
Countries
- United States98.9%
- Other1.1%
How to invest in HINC 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 HINC and buy
Find the fund by its ticker, HINC, 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 HINC from India
What HINC holds
The actively managed ETF seeks high current income and long-term total return. It normally invests at least 80% of its assets in non-investment-grade debt securities, primarily corporate bonds, and may invest up to 30% of net assets in securities of foreign issuers.
Hold a dollar asset
HINC 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 HINC 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 HINC from India?
Yes. Indian residents can buy Hartford High Yield ETF (HINC) 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 HINC invest in?
Hartford High Yield ETF holds 207 securities. Its largest holdings are US TREASURY N/B 05/29 4.5 (3.4%), US DOLLAR (3.1%) and ISHARES IBOXX USD HIGH YIELD C ISHR IBX USD HIYLD CB ETF UI (1.6%). The fund is domiciled in the US.
What is the expense ratio of HINC?
Hartford High Yield ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $397.3M.
What tax do I pay in India when I sell HINC?
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 HINC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $39.97, and there is no minimum trade size.
What happens to my HINC 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.