NYSE Arca · ETF
Invest in PULS ETF from India
Indian and foreign residents can buy PGIM Ultra Short Bond ETF (PULS) units directly through Paasa.
By Paasa · Updated
PULS at a glance
- Price
- $49.63+$0.01 (0.02%)
- Expense ratio
- 0.15%
- Day range
- $49.62 – $49.63
- Assets
- $19.5B
- Domicile
- the US
- Holdings
- 532
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -0.17%
- 6 months
- -0.07%
- YTD
- +0.09%
- 1 year
- -0.35%
- 5 years
- -0.11%
Price change, excluding dividends.
Top 10 holdings
- 1PGIM AAA CLO ETFPAAA2.1%
- 2ALEXANDRIA REAL ES 0.0 30SEP26 144A0.8%
- 3GIVAUDAN UTD ST IN 0.0 22OCT26 144A0.7%
- 4INTESA SANPAOLO SPA N Y BRH 01JUL270.7%
- 5ALIMENTATION COUCH 0.0 06OCT26 144A0.6%
- 6SIMON PPTY GROUP L P DI 0.0 19OCT260.6%
- 7HEALTHPEAK OP LLC 0.0 22OCT26 144A0.6%
- 8Net Current Assets0.5%
- 9REALTY INCOME CORP 0.0 13OCT26 144A0.5%
- 10US Dollar0.5%
PULS holds 532 securities in total. These 10 are 7.5% of the fund.
Where the money is invested
Sectors
- Corporate36.8%
- Securitized35.4%
- Government0.2%
Countries
- United States92.3%
- Other7.7%
How to invest in PULS 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 PULS and buy
Find the fund by its ticker, PULS, 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 PULS from India
What PULS holds
The primary goal of the PGIM Ultra Short Bond ETF is to generate overall returns, combining steady income with potential capital growth, while carefully safeguarding the principal investment.
Hold a dollar asset
PULS 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 PULS 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 PULS from India?
Yes. Indian residents can buy PGIM Ultra Short Bond ETF (PULS) 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 PULS invest in?
PGIM Ultra Short Bond ETF holds 532 securities. Its largest holdings are PGIM AAA CLO ETF (2.1%), ALEXANDRIA REAL ES 0.0 30SEP26 144A (0.8%) and GIVAUDAN UTD ST IN 0.0 22OCT26 144A (0.7%). Corporate is its largest sector at 36.8%. It is a distributing fund domiciled in the US.
What is the expense ratio of PULS?
PGIM Ultra Short Bond ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $19.5B.
How are PULS dividends taxed in India?
PGIM Ultra Short 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 PULS?
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 PULS unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $49.63, and there is no minimum trade size.
What happens to my PULS 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.