NYSE Arca · ETF
Invest in JOJO ETF from India
Indian and foreign residents can buy ATAC Credit Rotation ETF (JOJO) units directly through Paasa.
By Paasa · Updated
JOJO at a glance
- Price
- $14.70+$0.00 (0.03%)
- Expense ratio
- 1.49%
- Day range
- $14.66 – $14.72
- Assets
- $4.8M
- Domicile
- the US
- Holdings
- 3
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -2.55%
- 6 months
- -4.52%
- YTD
- -5.50%
- 1 year
- -4.39%
- 5 years
- -27.00%
Price change, excluding dividends.
Top 4 holdings
- 1iShares iBoxx USD High Yield Corporate Bond ETFHYG69.8%
- 2Xtrackers USD High Yield Corporate Bond ETFHYLB29.9%
- 3First American Government Obligations Fund 12/01/20310.4%
- 4Cash & Other—
JOJO holds 3 securities in total. These 4 are 100.0% of the fund.
Where the money is invested
Sectors
- Utilities99.7%
- Real Estate0.3%
Countries
- United States99.7%
- Other0.3%
How to invest in JOJO 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 JOJO and buy
Find the fund by its ticker, JOJO, 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 JOJO from India
What JOJO holds
Under typical market conditions, the ATAC Credit Rotation ETF (JOJO) commits a minimum of 80% of its total investable capital (comprising both its net assets and any funds borrowed for investment purposes) to credit-oriented instruments. This substantial allocation can be made either directly or indirectly, through other exchange-traded funds (ETFs) that maintain the same mandate of investing at least 80% of their own assets, plus borrowings, in credit-related securities.
Hold a dollar asset
JOJO 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 JOJO 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 JOJO from India?
Yes. Indian residents can buy ATAC Credit Rotation ETF (JOJO) 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 JOJO invest in?
ATAC Credit Rotation ETF holds 3 securities. Its largest holdings are iShares iBoxx USD High Yield Corporate Bond ETF (69.8%), Xtrackers USD High Yield Corporate Bond ETF (29.9%) and First American Government Obligations Fund 12/01/2031 (0.4%). Real Estate is its largest sector at 0.3%. It is a distributing fund domiciled in the US.
What is the expense ratio of JOJO?
ATAC Credit Rotation ETF has an expense ratio of 1.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $4.8M.
How are JOJO dividends taxed in India?
ATAC Credit Rotation 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 JOJO?
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 JOJO unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $14.70, and there is no minimum trade size.
What happens to my JOJO 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.