NASDAQ · ETF
Invest in MYCF ETF from India
Indian and foreign residents can buy State Street My2026 Corporate Bond ETF (MYCF) units directly through Paasa.
By Paasa · Updated
MYCF at a glance
- Price
- $25.04+$0.01 (0.02%)
- Expense ratio
- 0.15%
- Day range
- $25.02 – $25.05
- Assets
- $51.3M
- Domicile
- the US
- Holdings
- 77
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -0.10%
- 6 months
- -0.02%
- YTD
- +0.02%
- 1 year
- -0.34%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1CHEVRON PHILLIPS CHEM CO SR UNSECURED 144A 12/26 3.44.6%
- 2BLACKSTONE PRIVATE CRE SR UNSECURED 12/26 2.6254.5%
- 3HUNTINGTON NATIONAL BANK SUBORDINATED 11/26 4.274.3%
- 4CONTINENTAL RESOURCES COMPANY GUAR 144A 11/26 2.2684.3%
- 5FRESENIUS MED CARE III COMPANY GUAR 144A 12/26 1.8754.2%
- 6BAYER US FINANCE LLC COMPANY GUAR 144A 11/26 6.1254.2%
- 7ROYAL BANK OF CANADA COVERED 144A 12/26 4.8514.1%
- 8JPMORGAN CHASE + CO SUBORDINATED 12/26 4.1253.7%
- 9BAIN CAPITAL SPECIALTY F SR UNSECURED 10/26 2.553.3%
- 10CDW LLC/CDW FINANCE COMPANY GUAR 12/26 2.673.1%
MYCF holds 77 securities in total. These 10 are 40.3% of the fund.
Where the money is invested
Sectors
- Corporate4.1%
Countries
- United States92.5%
- Canada7.8%
- Ireland2.8%
How to invest in MYCF 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 MYCF and buy
Find the fund by its ticker, MYCF, 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 MYCF from India
What MYCF holds
The State Street My2026 Corporate Bond ETF is an actively managed fund with a defined end date, designed to liquidate and return its principal to shareholders around December 15, 2026. It primarily focuses on corporate debt instruments with a 2026 maturity, utilizing a target maturity investment approach.
Hold a dollar asset
MYCF 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 MYCF 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 MYCF from India?
Yes. Indian residents can buy State Street My2026 Corporate Bond ETF (MYCF) 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 MYCF invest in?
State Street My2026 Corporate Bond ETF holds 77 securities. Its largest holdings are CHEVRON PHILLIPS CHEM CO SR UNSECURED 144A 12/26 3.4 (4.6%), BLACKSTONE PRIVATE CRE SR UNSECURED 12/26 2.625 (4.5%) and HUNTINGTON NATIONAL BANK SUBORDINATED 11/26 4.27 (4.3%). Corporate is its largest sector at 4.1%. It is a distributing fund domiciled in the US.
What is the expense ratio of MYCF?
State Street My2026 Corporate Bond ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $51.3M.
How are MYCF dividends taxed in India?
State Street My2026 Corporate Bond 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 MYCF?
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 MYCF unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $25.04, and there is no minimum trade size.
What happens to my MYCF 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.