NYSE Arca · ETF
Invest in NBFC ETF from India
Indian and foreign residents can buy Neuberger Berman Flexible Credit ETF (NBFC) units directly through Paasa.
By Paasa · Updated
NBFC at a glance
- Price
- $49.12-$0.16 (0.32%)
- Expense ratio
- 1.08%
- Day range
- $49.07 – $49.38
- Assets
- $98.4M
- Domicile
- the US
- Holdings
- 643
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -2.77%
- 6 months
- -1.82%
- YTD
- -4.31%
- 1 year
- -4.86%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1EUR26101512.2%
- 2US 2YR NOTE (CBT) DEC26 XCBT 202612315.0%
- 3US 5YR NOTE (CBT) DEC26 XCBT 202612314.7%
- 4SSC GOVERNMENT MM GVMXX3.8%
- 5EURO-BOBL FUTURE DEC26 XEUR 202612081.5%
- 6GBP2610151.3%
- 7EURO-SCHATZ FUT DEC26 XEUR 202612081.2%
- 8BALLYROCK LTD BALLY 2024 27A C1 144A1.0%
- 9SYMPHONY CLO LTD SYMP 2024 45A E 144A1.0%
- 10TRINITAS CLO LTD TRNTS 2026 36A D1 144A1.0%
NBFC holds 643 securities in total. These 10 are 32.7% of the fund.
Where the money is invested
Countries
- United States55.1%
- Other43.5%
- France0.7%
- Germany0.3%
- Portugal0.3%
- Belgium0.1%
How to invest in NBFC 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 NBFC and buy
Find the fund by its ticker, NBFC, 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 NBFC from India
What NBFC holds
A flexible, relative value multi-sector credit portfolio
Hold a dollar asset
NBFC 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 NBFC 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 NBFC from India?
Yes. Indian residents can buy Neuberger Berman Flexible Credit ETF (NBFC) 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 NBFC invest in?
Neuberger Berman Flexible Credit ETF holds 643 securities. Its largest holdings are EUR261015 (12.2%), US 2YR NOTE (CBT) DEC26 XCBT 20261231 (5.0%) and US 5YR NOTE (CBT) DEC26 XCBT 20261231 (4.7%). It is a distributing fund domiciled in the US.
What is the expense ratio of NBFC?
Neuberger Berman Flexible Credit ETF has an expense ratio of 1.08% a year, taken from the fund's assets rather than billed to you. The fund manages about $98.4M.
How are NBFC dividends taxed in India?
Neuberger Berman Flexible 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 NBFC?
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 NBFC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $49.12, and there is no minimum trade size.
What happens to my NBFC 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.