NASDAQ · ETF
Invest in SKOR ETF from India
Indian and foreign residents can buy Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) units directly through Paasa.
By Paasa · Updated
SKOR at a glance
- Price
- $46.91-$0.18 (0.39%)
- Expense ratio
- 0.16%
- Day range
- $46.89 – $47.03
- Assets
- $1.1B
- Domicile
- the US
- Holdings
- 1,348
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- +0.07%
- 6 months
- -3.21%
- YTD
- -4.66%
- 1 year
- -4.57%
- 5 years
- -12.08%
Price change, excluding dividends.
Top 10 holdings
- 1CASH0.9%
- 2CITIGROUP INC CALLABLE NOTES VARIABLE 05/NOV/20300.9%
- 3META PLATFORMS INC CALLABLE NOTES FIXED 4.75%0.6%
- 4META PLATFORMS INC CALLABLE NOTES FIXED 3.85%0.6%
- 5ALPHABET INC CALLABLE NOTES FIXED 4.8% 15/FEB/20360.6%
- 6BROADCOM INC CALLABLE NOTES FIXED 4.15%0.6%
- 7NVIDIA CORP CALLABLE NOTES FIXED 4.75% 15/JUN/20330.5%
- 8ALPHABET INC CALLABLE NOTES FIXED 4.7% 15/NOV/20350.5%
- 9ABBVIE INC CALLABLE NOTES FIXED 3.775% 03/MAR/20280.4%
- 10ALLY FINANCIAL INC NOTES FIXED 8% 01/NOV/2031 USD0.4%
SKOR holds 1,348 securities in total. These 10 are 6.0% of the fund.
Where the money is invested
Countries
- United States88.7%
- Canada4.6%
- United Kingdom3.7%
- Luxembourg0.7%
- Japan0.5%
- Ireland0.4%
How to invest in SKOR 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 SKOR and buy
Find the fund by its ticker, SKOR, 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 SKOR from India
What SKOR holds
This fund is designed for investors seeking exposure to high-quality U.S. corporate bonds with mid-range maturities, emphasizing the creditworthiness and intrinsic value of the issuing companies. Its main objective is to broadly track the price movements and income generation of the Northern Trust US Corporate Bond Quality Value Index (its designated benchmark), before any operational costs or fees are applied.
Hold a dollar asset
SKOR 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 SKOR 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 SKOR from India?
Yes. Indian residents can buy Northern Trust Credit-Scored US Corporate Bond ETF (SKOR) 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 SKOR invest in?
Northern Trust Credit-Scored US Corporate Bond ETF holds 1,348 securities. Its largest holdings are CASH (0.9%), CITIGROUP INC CALLABLE NOTES VARIABLE 05/NOV/2030 (0.9%) and META PLATFORMS INC CALLABLE NOTES FIXED 4.75% (0.6%). It is a distributing fund domiciled in the US.
What is the expense ratio of SKOR?
Northern Trust Credit-Scored US Corporate Bond ETF has an expense ratio of 0.16% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.1B.
How are SKOR dividends taxed in India?
Northern Trust Credit-Scored US Corporate 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 SKOR?
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 SKOR unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $46.91, and there is no minimum trade size.
What happens to my SKOR 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.