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NYSE Arca · ETF

Invest in JA ETF from India

Indian and foreign residents can buy Janus Henderson AA-A CLO ETF (JA) units directly through Paasa.

By Paasa · Updated

JA at a glance

Price
$50.32+$0.00 (0.00%)
Expense ratio
0.32%
Day range
$50.32 – $50.34
Assets
$176.1M
Domicile
the US
Holdings
60
Launched
2026
Dividends
Distributing

Live chart and fund data

Top 10 holdings

  1. 1Whitebox CLO I Ltd AB FLTG 39, 5.51%, 07/20/392.8%
  2. 2Crown City CLO IV BR2 5.67921% 20-APR-2037, 5.68%, 04/20/372.8%
  3. 3VENTURE CLO LTD 2024-49 AB FLTG 37, 5.48%, 04/20/372.8%
  4. 4Tikehau US CLO VII C 5.81015% 25-FEB-2038, 5.81%, 02/25/382.8%
  5. 5Symphony CLO XXVIII CR 5.55217% 23-JAN-2036, 5.55%, 01/23/362.8%
  6. 6Ares LXII CLO CR 5.71015% 25-JAN-2034, 5.71%, 01/25/342.7%
  7. 7Silver Point CLO 14 C1 5.60292% 15-JAN-2039, 5.60%, 01/15/392.6%
  8. 8RAD CLO 22 BR 5.67921% 20-OCT-2040, 5.68%, 10/20/402.5%
  9. 9Apex Credit CLO 2024-I BR 5.57921% 20-APR-2036, 5.58%, 04/20/362.4%
  10. 10KKR CLO 32 CR2 5.583276% 15-JUL-2039, 5.49%, 07/15/392.3%

JA holds 60 securities in total. These 10 are 26.6% of the fund.

Where the money is invested

Sectors

  • Financial Services2.3%

Countries

  • Other97.7%
  • United States2.3%

How to invest in JA 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 JA and buy

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

What JA holds

The JA exchange-traded fund employs an active management strategy, primarily allocating its investments to collateralized loan obligations (CLOs) with credit ratings ranging from AA- to A. Its central goals are to protect investors' capital and provide a steady stream of income by diversifying its holdings across top-tier CLO segments.

Hold a dollar asset

JA 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 JA 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 JA from India?

Yes. Indian residents can buy Janus Henderson AA-A CLO ETF (JA) 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 JA invest in?

Janus Henderson AA-A CLO ETF holds 60 securities. Its largest holdings are Whitebox CLO I Ltd AB FLTG 39, 5.51%, 07/20/39 (2.8%), Crown City CLO IV BR2 5.67921% 20-APR-2037, 5.68%, 04/20/37 (2.8%) and VENTURE CLO LTD 2024-49 AB FLTG 37, 5.48%, 04/20/37 (2.8%). Financial Services is its largest sector at 2.3%. It is a distributing fund domiciled in the US.

What is the expense ratio of JA?

Janus Henderson AA-A CLO ETF has an expense ratio of 0.32% a year, taken from the fund's assets rather than billed to you. The fund manages about $176.1M.

How are JA dividends taxed in India?

Janus Henderson AA-A CLO 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 JA?

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 JA unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $50.32, and there is no minimum trade size.

What happens to my JA 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.

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