NYSE Arca · ETF
Invest in HXC ETF from India
Indian and foreign residents can buy Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF (HXC) units directly through Paasa.
By Paasa · Updated
HXC at a glance
- Price
- $25.99+$0.00 (0.00%)
- Expense ratio
- 0.69%
- Day range
- $25.99 – $26.16
- Assets
- $31.7M
- Domicile
- the US
- Holdings
- 25
- Launched
- 2026
- Dividends
- —
Top 10 holdings
- 1F/C BRENT CRUDE FUTR NOV2617.3%
- 2F/C SOYBEAN FUTURE NOV2613.9%
- 3F/C GOLD 100 OZ FUTR OCT2610.9%
- 4F/C CORN FUTURE DEC267.0%
- 5F/C WTI CRUDE FUTURE NOV266.6%
- 6F/C NATURAL GAS FUTR OCT265.2%
- 7F/C LOW SU GASOIL G OCT264.5%
- 8F/C KC HRW WHEAT FUT DEC263.4%
- 9F/C WHEAT FUTURE(CBT) DEC263.2%
- 10F/C LIVE CATTLE FUTR OCT263.0%
HXC holds 25 securities in total. These 10 are 75.0% of the fund.
How to invest in HXC 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 HXC and buy
Find the fund by its ticker, HXC, 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 HXC from India
What HXC holds
An actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in commodity-linked derivative instruments. Assets not invested in commodity-linked derivatives may be invested in fixed income securities.
Hold a dollar asset
HXC 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 HXC 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 HXC from India?
Yes. Indian residents can buy Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF (HXC) 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 HXC invest in?
Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF holds 25 securities. Its largest holdings are F/C BRENT CRUDE FUTR NOV26 (17.3%), F/C SOYBEAN FUTURE NOV26 (13.9%) and F/C GOLD 100 OZ FUTR OCT26 (10.9%). The fund is domiciled in the US.
What is the expense ratio of HXC?
Investment Managers Series Trust III - Mast Hedgeindex Strategic Commodities ETF has an expense ratio of 0.69% a year, taken from the fund's assets rather than billed to you. The fund manages about $31.7M.
What tax do I pay in India when I sell HXC?
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 HXC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $25.99, and there is no minimum trade size.
What happens to my HXC 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.