NYSE Arca · ETF
Invest in SDMF ETF from India
Indian and foreign residents can buy Simplify DBi CTA Managed Futures Index ETF (SDMF) units directly through Paasa.
By Paasa · Updated
SDMF at a glance
- Price
- $26.92-$0.36 (1.30%)
- Expense ratio
- 0.35%
- Day range
- $26.92 – $27.09
- Assets
- $43.5M
- Domicile
- the US
- Holdings
- 2
- Launched
- 2026
- Dividends
- Distributing
Top 10 holdings
- 1US Treasury Note, 2yr99.7%
- 2US Treasury Note88.2%
- 3EUR/USD Future Active Contract57.0%
- 4TRS DBMFC 0.00% 060427 BULLET21.2%
- 5TRS DBMFC 0.00% 080927 BULLET20.8%
- 6TRS DBMFNC 0.10% 060427 BULLET20.6%
- 7TRS DBMFNC 0.10% 080927 BULLET18.1%
- 8US Treasury Bond Future15.1%
- 9TRS DBMFNC 0.10% 051427 BULLET14.5%
- 10TRS DBMFC 0.00% 051427 BULLET14.3%
SDMF holds 2 securities in total. These 10 are 369.4% of the fund.
Where the money is invested
Countries
- Other131.4%
How to invest in SDMF 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 SDMF and buy
Find the fund by its ticker, SDMF, 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 SDMF from India
What SDMF holds
This ETF operates as a passive alternative investment, engineered to mirror the returns of leading managed futures strategies. It employs a 10-factor replication methodology to capture the performance dynamics of a wide array of futures contracts across principal asset categories.
Hold a dollar asset
SDMF 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 SDMF 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 SDMF from India?
Yes. Indian residents can buy Simplify DBi CTA Managed Futures Index ETF (SDMF) 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 SDMF invest in?
Simplify DBi CTA Managed Futures Index ETF holds 2 securities. Its largest holdings are US Treasury Note, 2yr (99.7%), US Treasury Note (88.2%) and EUR/USD Future Active Contract (57.0%). It is a distributing fund domiciled in the US.
What is the expense ratio of SDMF?
Simplify DBi CTA Managed Futures Index ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $43.5M.
How are SDMF dividends taxed in India?
Simplify DBi CTA Managed Futures Index ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. 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 SDMF?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are 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 SDMF unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $26.92, and there is no minimum trade size.
What happens to my SDMF 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.