NASDAQ · ETF
Invest in LEND ETF from India
Indian and foreign residents can buy SEI High Yield Bond & Alternative Credit ETF (LEND) units directly through Paasa.
By Paasa · Updated
LEND at a glance
- Price
- $24.31+$0.02 (0.10%)
- Expense ratio
- 0.65%
- Day range
- $24.29 – $24.36
- Assets
- $991.2M
- Domicile
- the US
- Holdings
- 1,438
- Launched
- 1995
- Dividends
- Distributing
Top 10 holdings
- 1SEI DAILY INCOME TRUST5.4%
- 2Cash1.3%
- 3BHCCN 10 04/15/320.6%
- 4BENEFIT STREET CLO V-B0.6%
- 5CHTR 5 1/2 04/01/630.5%
- 6CRNRCH 10 05/07/290.5%
- 7AKUCN 9 3/4 08/31/310.5%
- 8VOYA CLO 2024-60.4%
- 9TCP WHITNEY CLO0.4%
- 10MERIDI 6 1/4 04/30/310.4%
LEND holds 1,438 securities in total. These 10 are 10.5% of the fund.
Where the money is invested
Sectors
- Energy57.9%
- Real Estate13.6%
- Communication Services12.8%
- Industrials10.8%
- Technology3.6%
- Healthcare1.3%
Countries
- United States68.0%
- Other23.8%
- Canada2.1%
- United Kingdom1.3%
- Japan0.8%
- Luxembourg0.6%
How to invest in LEND 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 LEND and buy
Find the fund by its ticker, LEND, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in LEND from India
What LEND holds
This fund is mandated to commit a significant portion of its assets – at least 80% of its net capital, including any funds raised through borrowing – to high-yield debt instruments. Its primary focus is on fixed income securities rated below investment grade, colloquially known as "junk bonds." This encompasses a broad range of credit products, such as corporate bonds, debentures, hybrid securities like convertible and preferred shares, zero-coupon obligations, and various tranches of structured credit vehicles including Collateralized Debt Obligations (CDOs) and Collateralized Loan Obligat…
Hold a dollar asset
LEND 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 LEND 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 LEND from India?
Yes. Indian residents can buy SEI High Yield Bond & Alternative Credit ETF (LEND) through Paasa. It is listed on NASDAQ 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 LEND invest in?
SEI High Yield Bond & Alternative Credit ETF holds 1,438 securities. Its largest holdings are SEI DAILY INCOME TRUST (5.4%), Cash (1.3%) and BHCCN 10 04/15/32 (0.6%). Energy is its largest sector at 57.9%. It is a distributing fund domiciled in the US.
What is the expense ratio of LEND?
SEI High Yield Bond & Alternative Credit ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $991.2M.
How are LEND dividends taxed in India?
SEI High Yield Bond & Alternative Credit 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 LEND?
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 LEND unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.31, and there is no minimum trade size.
What happens to my LEND 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.