NYSE Arca · ETF
Invest in RISR ETF from India
Indian and foreign residents can buy FolioBeyond Alternative and Interest Rate Hedge ETF (RISR) units directly through Paasa.
By Paasa · Updated
RISR at a glance
- Price
- $36.86+$0.10 (0.27%)
- Expense ratio
- 1.04%
- Day range
- $36.83 – $36.99
- Assets
- $380.1M
- Domicile
- the US
- Holdings
- 162
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- +0.33%
- 6 months
- +0.93%
- YTD
- +2.67%
- 1 year
- +2.28%
- 5 years
- +47.09%
Price change, excluding dividends.
Top 10 holdings
- 1First American Government Obligations Fund 12/01/20317.4%
- 2Freddie Mac REMICS 4.5% 10/25/20513.3%
- 3Government National Mortgage Association 3.5% 10/20/20512.2%
- 4Government National Mortgage Association 5.5% 02/20/20562.1%
- 5Fannie Mae Interest Strip 5% 08/25/20542.1%
- 6Government National Mortgage Association 3% 11/20/20512.1%
- 7Fannie Mae Interest Strip 3.5% 03/25/20531.9%
- 8Government National Mortgage Association 3.5% 09/20/20511.8%
- 9Government National Mortgage Association 3% 01/20/20521.7%
- 10Government National Mortgage Association 3% 12/20/20511.6%
RISR holds 162 securities in total. These 10 are 26.2% of the fund.
How to invest in RISR 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 RISR and buy
Find the fund by its ticker, RISR, 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 RISR from India
What RISR holds
The fund primarily invests in interest-only mortgage-backed securities (MBS IOs) and U.S. Treasury bonds. The allocation between these two asset classes is actively managed and fluctuates based on several criteria.
Hold a dollar asset
RISR 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 RISR 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 RISR from India?
Yes. Indian residents can buy FolioBeyond Alternative and Interest Rate Hedge ETF (RISR) 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 RISR invest in?
FolioBeyond Alternative and Interest Rate Hedge ETF holds 162 securities. Its largest holdings are First American Government Obligations Fund 12/01/2031 (7.4%), Freddie Mac REMICS 4.5% 10/25/2051 (3.3%) and Government National Mortgage Association 3.5% 10/20/2051 (2.2%). It is a distributing fund domiciled in the US.
What is the expense ratio of RISR?
FolioBeyond Alternative and Interest Rate Hedge ETF has an expense ratio of 1.04% a year, taken from the fund's assets rather than billed to you. The fund manages about $380.1M.
How are RISR dividends taxed in India?
FolioBeyond Alternative and Interest Rate Hedge 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 RISR?
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 RISR unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $36.86, and there is no minimum trade size.
What happens to my RISR 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.