NASDAQ · ETF
Invest in NCPB ETF from India
Indian and foreign residents can buy Nuveen Core Plus Bond (NCPB) units directly through Paasa.
By Paasa · Updated
NCPB at a glance
- Price
- $23.84-$0.07 (0.27%)
- Expense ratio
- 0.31%
- Day range
- $23.82 – $23.84
- Assets
- $53.7M
- Domicile
- the US
- Holdings
- 485
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -3.07%
- 6 months
- -3.85%
- YTD
- -5.79%
- 1 year
- -6.09%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1US T-BOND 4.625% 11/15/444.2%
- 2US T-BOND 4.75% 05/15/553.9%
- 3U.S. DOLLARS2.5%
- 4FN FA0197# 4.00% 2/1/541.7%
- 5US T-BOND 5% 05/15/461.6%
- 6FR SD8256# 4.00% 10/1/521.3%
- 7FN MA5165# 5.50% 10/1/531.1%
- 8FR SD8231# 4.50% 7/1/521.1%
- 9FN MA4684# 4.50% 6/1/521.0%
- 10JPMORGAN VRN 07/25/281.0%
NCPB holds 485 securities in total. These 10 are 19.4% of the fund.
Where the money is invested
Countries
- United States45.3%
- Other44.0%
- United Kingdom1.7%
- Canada0.9%
- France0.8%
- Mexico0.7%
How to invest in NCPB 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 NCPB and buy
Find the fund by its ticker, NCPB, 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 NCPB from India
What NCPB holds
This actively managed fund primarily focuses its investments within the high-quality, U.S. dollar-denominated bond market. It also maintains the flexibility to strategically allocate up to 35% of its assets to specific fixed income segments outside its primary benchmark, often referred to as "plus sectors." This tactical approach aims to improve risk-adjusted returns, supported by the extensive knowledge of dedicated sector specialists.
Hold a dollar asset
NCPB 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 NCPB 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 NCPB from India?
Yes. Indian residents can buy Nuveen Core Plus Bond (NCPB) 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 NCPB invest in?
Nuveen Core Plus Bond holds 485 securities. Its largest holdings are US T-BOND 4.625% 11/15/44 (4.2%), US T-BOND 4.75% 05/15/55 (3.9%) and U.S. DOLLARS (2.5%). It is a distributing fund domiciled in the US.
What is the expense ratio of NCPB?
Nuveen Core Plus Bond has an expense ratio of 0.31% a year, taken from the fund's assets rather than billed to you. The fund manages about $53.7M.
How are NCPB dividends taxed in India?
Nuveen Core Plus Bond 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 NCPB?
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 NCPB unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $23.84, and there is no minimum trade size.
What happens to my NCPB 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.