NYSE Arca · ETF
Invest in JPRF ETF from India
Indian and foreign residents can buy JPMorgan Preferred and Securities ETF (JPRF) units directly through Paasa.
By Paasa · Updated
JPRF at a glance
- Price
- $48.40-$0.11 (0.23%)
- Expense ratio
- 0.61%
- Day range
- $48.32 – $48.57
- Assets
- $2.2B
- Domicile
- the US
- Holdings
- 201
- Launched
- 2022
- Dividends
- Distributing
Top 10 holdings
- 1INVESCO PREFERRED ETF3.4%
- 2JPMORGAN PRIME MONEY2.9%
- 3UBS GROUP AG VAR 12/492.5%
- 4HSBC HOLDINGS VAR 12/492.4%
- 5BANCO SANTANDER VAR 12/492.2%
- 6BNP PARIBAS SA VAR 12/492.0%
- 7WELLS FARGO & VAR 12/491.9%
- 8CHARLES SCHWAB VAR1.9%
- 9ING GROEP NV VAR 12/491.6%
- 10BANK OF AMERICA CORP VAR1.6%
JPRF holds 201 securities in total. These 10 are 22.4% of the fund.
Where the money is invested
Countries
- United States58.5%
- United Kingdom10.6%
- Canada10.2%
- France6.9%
- Spain4.8%
- Switzerland3.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| PFFNASDAQiShares Preferred and Income Securities ETF | 0.45% | 12.4B |
Assets are shown in each fund's own reporting currency.
How to invest in JPRF 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 JPRF and buy
Find the fund by its ticker, JPRF, 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 JPRF from India
What JPRF holds
The JPMorgan Preferred and Income Securities ETF is an actively managed fund that seeks to provide a high level of current income and total return by investing primarily in preferred and hybrid securities, including traditional preferred stock, convertible preferred stock, trust preferred securities, and contingent convertible securities issued by U.S. and foreign companies, particularly within the financial sector. The Fund converted from an open-end mutual fund (JPMorgan Preferred and Income Securities Fund) into ETF form in the second quarter of 2026, as part of J.P.
Hold a dollar asset
JPRF 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 JPRF 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 JPRF from India?
Yes. Indian residents can buy JPMorgan Preferred and Securities ETF (JPRF) 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 JPRF invest in?
JPMorgan Preferred and Securities ETF holds 201 securities. Its largest holdings are INVESCO PREFERRED ETF (3.4%), JPMORGAN PRIME MONEY (2.9%) and UBS GROUP AG VAR 12/49 (2.5%). It is a distributing fund domiciled in the US.
What is the expense ratio of JPRF?
JPMorgan Preferred and Securities ETF has an expense ratio of 0.61% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.2B.
How are JPRF dividends taxed in India?
JPMorgan Preferred and Securities 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 JPRF?
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 JPRF unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $48.40, and there is no minimum trade size.
What happens to my JPRF 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.