NASDAQ · ETF
Invest in NUIB ETF from India
Indian and foreign residents can buy Nuveen Impact Bond ETF (NUIB) units directly through Paasa.
By Paasa · Updated
NUIB at a glance
- Price
- $24.73-$0.35 (1.38%)
- Expense ratio
- 0.37%
- Day range
- $24.69 – $24.73
- Assets
- $44.7M
- Domicile
- the US
- Holdings
- 92
- Launched
- 2026
- Dividends
- —
Top 10 holdings
- 1US T-NOTE 4.625% 08/15/365.3%
- 2US T-BOND 5% 05/15/564.1%
- 3US T-BOND 5.125% 08/15/462.9%
- 4ASIAN INF 4.25% 03/13/342.1%
- 5MORROW PO 5.296% 09/01/432.1%
- 6TOPAZ SOL 5.75% 09/30/392.0%
- 7INTERNATI 4.5% 02/12/351.9%
- 8MASTERCAR 1.9% 03/15/311.9%
- 9AGENCE FR 4.% 06/15/271.8%
- 10EUROPEAN .625% 10/21/271.8%
NUIB holds 92 securities in total. These 10 are 25.8% of the fund.
How to invest in NUIB 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 NUIB and buy
Find the fund by its ticker, NUIB, 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 NUIB from India
What NUIB holds
An actively managed credit strategy that invests across primarily the investment grade, U.S.-dollar fixed income market in securities that demonstrate direct and measurable environmental and social impact. The team's active approach and issuer engagement is designed to pursue financial and impact outcomes that cannot be achieved with passive strategies.
Hold a dollar asset
NUIB 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 NUIB 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 NUIB from India?
Yes. Indian residents can buy Nuveen Impact Bond ETF (NUIB) 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 NUIB invest in?
Nuveen Impact Bond ETF holds 92 securities. Its largest holdings are US T-NOTE 4.625% 08/15/36 (5.3%), US T-BOND 5% 05/15/56 (4.1%) and US T-BOND 5.125% 08/15/46 (2.9%). The fund is domiciled in the US.
What is the expense ratio of NUIB?
Nuveen Impact Bond ETF has an expense ratio of 0.37% a year, taken from the fund's assets rather than billed to you. The fund manages about $44.7M.
What tax do I pay in India when I sell NUIB?
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 NUIB unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.73, and there is no minimum trade size.
What happens to my NUIB 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.