NYSE Arca · ETF
Invest in OWNS ETF from India
Indian and foreign residents can buy CCM Affordable Housing MBS ETF (OWNS) units directly through Paasa.
By Paasa · Updated
OWNS at a glance
- Price
- $16.49-$0.06 (0.36%)
- Expense ratio
- 0.68%
- Day range
- $16.49 – $16.51
- Assets
- $103.4M
- Domicile
- the US
- Holdings
- 10
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -3.60%
- 6 months
- -4.99%
- YTD
- -6.86%
- 1 year
- -6.01%
- 5 years
- -16.78%
Price change, excluding dividends.
Top 10 holdings
- 1FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND CLASS X4.4%
- 2FR RA7748 3% 08/01/524.1%
- 3FN BT7259 2% 09/01/513.0%
- 4Cash2.3%
- 5FN CB7019 4.5% 09/01/532.2%
- 6FN CB7613 5% 12/01/532.0%
- 7FN BT7190 2.5% 08/01/511.8%
- 8FN CB3606 3.5% 05/01/521.6%
- 9FN CB7018 4% 09/01/531.6%
- 10FR QC6906 2% 09/01/511.5%
OWNS holds 10 securities in total. These 10 are 24.5% of the fund.
Where the money is invested
Countries
- United States97.7%
- Other2.3%
How to invest in OWNS 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 OWNS and buy
Find the fund by its ticker, OWNS, 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 OWNS from India
What OWNS holds
The CCM Affordable Housing MBS ETF (ticker: OWNS) is primarily designed to provide investors with a steady stream of income. Beyond its financial aim, this Fund acts as a market-based solution, leveraging capital to address significant social issues.
Hold a dollar asset
OWNS 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 OWNS 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 OWNS from India?
Yes. Indian residents can buy CCM Affordable Housing MBS ETF (OWNS) 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 OWNS invest in?
CCM Affordable Housing MBS ETF holds 10 securities. Its largest holdings are FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND CLASS X (4.4%), FR RA7748 3% 08/01/52 (4.1%) and FN BT7259 2% 09/01/51 (3.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of OWNS?
CCM Affordable Housing MBS ETF has an expense ratio of 0.68% a year, taken from the fund's assets rather than billed to you. The fund manages about $103.4M.
How are OWNS dividends taxed in India?
CCM Affordable Housing MBS 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 OWNS?
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 OWNS unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $16.49, and there is no minimum trade size.
What happens to my OWNS 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.