Paasa Logo

NYSE Arca · ETF

Invest in IBCA ETF from India

Indian and foreign residents can buy iShares iBonds Dec 2035 Term Corporate ETF (IBCA) units directly through Paasa.

By Paasa · Updated

IBCA at a glance

Price
$24.12-$0.16 (0.66%)
Expense ratio
0.1%
Day range
$24.06 – $24.17
Assets
$405.9M
Domicile
the US
Holdings
415
Launched
2025
Dividends
Distributing
1 month
-3.75%
6 months
-4.78%
YTD
-7.27%
1 year
-7.09%
5 years
—

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1META PLATFORMS INC 4.88% 11/15/20351.9%
  2. 2ORACLE CORPORATION 5.20% 09/26/20351.1%
  3. 3ALPHABET INC 4.70% 11/15/20351.1%
  4. 4AMAZON.COM INC 4.65% 11/20/20351.0%
  5. 5BROADCOM INC 3.14% 11/15/20350.8%
  6. 6BROADCOM INC 5.20% 07/15/20350.7%
  7. 7SYNOPSYS INC 5.15% 04/01/20350.7%
  8. 8BLK CSH FND TREASURY SL AGENCY0.7%
  9. 9ABBVIE INC 4.50% 05/14/20350.7%
  10. 10VERIZON COMMUNICATIONS INC 5.25% 04/02/20350.7%

IBCA holds 415 securities in total. These 10 are 9.4% of the fund.

Where the money is invested

Countries

  • United States100.0%

How to invest in IBCA 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 IBCA and buy

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

What IBCA holds

This iShares iBonds Dec 2035 Term Corporate ETF endeavors to match the returns of an index comprising U.S. dollar-denominated, highly-rated corporate bonds with a 2035 maturity. The fund's operations are safeguarded by U.S. Patent Nos. 8,438,100 and 8,655,770.

Hold a dollar asset

IBCA 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 IBCA 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 IBCA from India?

Yes. Indian residents can buy iShares iBonds Dec 2035 Term Corporate ETF (IBCA) 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 IBCA invest in?

iShares iBonds Dec 2035 Term Corporate ETF holds 415 securities. Its largest holdings are META PLATFORMS INC 4.88% 11/15/2035 (1.9%), ORACLE CORPORATION 5.20% 09/26/2035 (1.1%) and ALPHABET INC 4.70% 11/15/2035 (1.1%). It is a distributing fund domiciled in the US.

What is the expense ratio of IBCA?

iShares iBonds Dec 2035 Term Corporate ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $405.9M.

How are IBCA dividends taxed in India?

iShares iBonds Dec 2035 Term Corporate 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 IBCA?

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 IBCA unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.12, and there is no minimum trade size.

What happens to my IBCA 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