NASDAQ · ETF
Invest in PCPI ETF from India
Indian and foreign residents can buy PIMCO Inflation PLUS Active Exchange-Traded Fund (PCPI) units directly through Paasa.
By Paasa · Updated
PCPI at a glance
- Price
- $50.11-$0.01 (0.02%)
- Expense ratio
- 0.33%
- Day range
- $50.11 – $50.15
- Assets
- $101.7M
- Domicile
- the US
- Holdings
- —
- Launched
- 2026
- Dividends
- Distributing
Top 10 holdings
- 1TSY INFL IX N/B 01/27 0.375 0.38% 01/15/202734.9%
- 2TSY INFL IX N/B 07/27 0.375 0.38% 07/15/202732.3%
- 3TSY INFL IX N/B 04/27 0.125 0.13% 04/15/202722.7%
- 4TSY INFL IX N/B 01/27 2.375 2.38% 01/15/202713.5%
- 5SSC GOVERNMENT MM GVMXX 3.78% 12/31/20304.6%
- 6CCGSCHUS9 CCPC ST USD CCPC CASH COLLATERAL USD 3.48% 12/31/20300.3%
- 7NET OTHER ASSETS0.2%
- 8RFR USD SOFR/3.87000 05/21/26-1Y* LCH 07/15/20270.1%
- 9RFR USD SOFR/3.69850 04/02/26-1Y* LCH 04/15/20270.1%
- 10RFR USD SOFR/3.69450 04/02/26-1Y* LCH 01/15/20270.0%
These 10 are 108.6% of the fund.
How to invest in PCPI 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 PCPI and buy
Find the fund by its ticker, PCPI, 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 PCPI from India
What PCPI holds
The PIMCO Inflation PLUS Active Exchange-Traded Fund, an actively managed ETF within the PIMCO ETF Trust, is overseen by Pacific Investment Management Company LLC. This fund primarily allocates capital across global fixed income markets.
Hold a dollar asset
PCPI 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 PCPI 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 PCPI from India?
Yes. Indian residents can buy PIMCO Inflation PLUS Active Exchange-Traded Fund (PCPI) 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 PCPI invest in?
Its largest holdings are TSY INFL IX N/B 01/27 0.375 0.38% 01/15/2027 (34.9%), TSY INFL IX N/B 07/27 0.375 0.38% 07/15/2027 (32.3%) and TSY INFL IX N/B 04/27 0.125 0.13% 04/15/2027 (22.7%). It is a distributing fund domiciled in the US.
What is the expense ratio of PCPI?
PIMCO Inflation PLUS Active Exchange-Traded Fund has an expense ratio of 0.33% a year, taken from the fund's assets rather than billed to you. The fund manages about $101.7M.
How are PCPI dividends taxed in India?
PIMCO Inflation PLUS Active Exchange-Traded Fund 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 PCPI?
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 PCPI unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $50.11, and there is no minimum trade size.
What happens to my PCPI 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.