NYSE Arca · ETF
Invest in OACP ETF from India
Indian and foreign residents can buy OneAscent Core Plus Bond ETF (OACP) units directly through Paasa.
By Paasa · Updated
OACP at a glance
- Price
- $21.86+$0.00 (0.23%)
- Expense ratio
- 0.74%
- Day range
- $21.85 – $21.93
- Assets
- $267.9M
- Domicile
- the US
- Holdings
- 10
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- -2.80%
- 6 months
- -3.66%
- YTD
- -5.33%
- 1 year
- -5.37%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1United States Treasury Note 5.125%, Due 08/15/20464.7%
- 2United States Treasury Inflation Indexed Bonds 1.25%, Due 04/15/20313.3%
- 3United States Treasury Note 4.125%, Due 08/31/20282.0%
- 4United States Treasury Note 5%, Due 05/15/20561.8%
- 5Fannie Mae Pool Pool # MA5353 5.5%, Due 05/01/20541.5%
- 6Ginnie Mae II Pool Pool # MA8149 3.5%, Due 07/20/20521.1%
- 7Topaz Solar Farms, LLC 5.75%, Due 09/30/20391.0%
- 8Fannie Mae Pool Pool # MA4579 3%, Due 04/01/20520.8%
- 9United States Treasury Note 4.5%, Due 08/31/20330.8%
- 10BX Trust 2026-CLS Floating Rate, Due 05/15/20310.7%
OACP holds 10 securities in total. These 10 are 17.9% of the fund.
Where the money is invested
Countries
- United States41.0%
- Other39.7%
- Canada5.9%
- France2.2%
- Ireland1.6%
- Germany1.1%
How to invest in OACP 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 OACP and buy
Find the fund by its ticker, OACP, 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 OACP from India
What OACP holds
The fund primarily invests in a broad range of investment-grade bonds and fixed-income securities, including, but not limited to, U.S. government securities, corporate bonds, taxable municipal securities and mortgage-backed or other asset-backed securities. It may also invest in other fixed-income securities, including those of non-investment- grade quality.
Hold a dollar asset
OACP 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 OACP 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 OACP from India?
Yes. Indian residents can buy OneAscent Core Plus Bond ETF (OACP) 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 OACP invest in?
OneAscent Core Plus Bond ETF holds 10 securities. Its largest holdings are United States Treasury Note 5.125%, Due 08/15/2046 (4.7%), United States Treasury Inflation Indexed Bonds 1.25%, Due 04/15/2031 (3.3%) and United States Treasury Note 4.125%, Due 08/31/2028 (2.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of OACP?
OneAscent Core Plus Bond ETF has an expense ratio of 0.74% a year, taken from the fund's assets rather than billed to you. The fund manages about $267.9M.
How are OACP dividends taxed in India?
OneAscent Core Plus 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 OACP?
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 OACP unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $21.86, and there is no minimum trade size.
What happens to my OACP 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.