NYSE Arca · ETF
Invest in MTGP ETF from India
Indian and foreign residents can buy WisdomTree Mortgage Plus Bond Fund (MTGP) units directly through Paasa.
By Paasa · Updated
MTGP at a glance
- Price
- $42.02-$0.14 (0.32%)
- Expense ratio
- 0.45%
- Day range
- $41.88 – $42.07
- Assets
- $71.5M
- Domicile
- the US
- Holdings
- 170
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -3.51%
- 6 months
- -4.02%
- YTD
- -5.85%
- 1 year
- -5.64%
- 5 years
- -17.09%
Price change, excluding dividends.
Top 10 holdings
- 1FNCL 5.5 10/16 5.5%6.8%
- 2FNCL 2 10/20 2%3.3%
- 3Fnr 2025-46 Fg 4.84319% 6/25/20553.2%
- 4Fhr 5534 Fd 4.89319% 5/25/20553.2%
- 5Fhr 5697 Fe 4.73617% 12/25/20543.2%
- 6FNCL 5 10/143.0%
- 7Fhr 5515 Fm 4.99319% 3/25/20552.8%
- 8G2 MA7648 2% 10/20/20512.1%
- 9FNR 2025-33 FE FRN 8/25/20542.1%
- 10FN MA4761 5% 9/1/20522.1%
MTGP holds 170 securities in total. These 10 are 32.0% of the fund.
Where the money is invested
Countries
- Other99.8%
- United States0.2%
How to invest in MTGP 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 MTGP and buy
Find the fund by its ticker, MTGP, 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 MTGP from India
What MTGP holds
The WisdomTree Mortgage Plus Bond Fund operates as an actively managed exchange-traded fund, aiming to achieve both income generation and capital appreciation. It accomplishes these objectives by strategically investing in debt securities tied to mortgages, as well as other types of securitized debt.
Hold a dollar asset
MTGP 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 MTGP 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 MTGP from India?
Yes. Indian residents can buy WisdomTree Mortgage Plus Bond Fund (MTGP) 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 MTGP invest in?
WisdomTree Mortgage Plus Bond Fund holds 170 securities. Its largest holdings are FNCL 5.5 10/16 5.5% (6.8%), FNCL 2 10/20 2% (3.3%) and Fnr 2025-46 Fg 4.84319% 6/25/2055 (3.2%). It is a distributing fund domiciled in the US.
What is the expense ratio of MTGP?
WisdomTree Mortgage Plus Bond Fund has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $71.5M.
How are MTGP dividends taxed in India?
WisdomTree Mortgage Plus Bond Fund 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 MTGP?
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 MTGP unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $42.02, and there is no minimum trade size.
What happens to my MTGP 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.