NYSE Arca · ETF
Invest in SRLN ETF from India
Indian and foreign residents can buy State Street Blackstone Senior Loan ETF (SRLN) units directly through Paasa.
By Paasa · Updated
SRLN at a glance
- Price
- $40.54+$0.03 (0.07%)
- Expense ratio
- 0.7%
- Day range
- $40.50 – $40.57
- Assets
- $5.6B
- Domicile
- the US
- Holdings
- 718
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -0.42%
- 6 months
- +1.05%
- YTD
- -1.72%
- 1 year
- -2.43%
- 5 years
- -11.98%
Price change, excluding dividends.
Top 10 holdings
- 1Hopper Merger Sub Inc aka Hologic 04/07/20332.1%
- 2Dayforce Bidco LLC aka Dayforce 02/04/20332.1%
- 3Rocket Software, Inc. 11/28/20282.0%
- 4Finastra USA Inc aka Misys/Almonde Inc. 09/15/20321.9%
- 5McAfee Corp 03/01/20291.9%
- 6Neptune Bidco US Inc aka Nielsen/Nielsen Holdings 02/03/20331.9%
- 7UKG Inc aka Ultimate Kronos/UKG 02/10/20311.9%
- 8Discovery Global Holdings Inc aka WarnerMedia Holdings Inc/WarnerMedia/Warner Brothers Discover 06/01.5%
- 9Sword Purchaser LLC aka Sealed Air 04/09/20331.4%
- 10ProAmpac PG Borrower LLC aka ProAmpac 03/07/20331.4%
SRLN holds 718 securities in total. These 10 are 18.0% of the fund.
Where the money is invested
Sectors
- Communication Services91.8%
- Industrials8.2%
Countries
- Other94.3%
- United States5.2%
- Canada0.1%
- Australia0.1%
- United Kingdom0.1%
- Ireland0.1%
How to invest in SRLN 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 SRLN and buy
Find the fund by its ticker, SRLN, 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 SRLN from India
What SRLN holds
SSGA Active Trust - State Street Blackstone Senior Loan ETF is an exchange traded fund launched by State Street Global Advisors, Inc. The fund is co-managed by SSGA Funds Management, Inc., Blackstone Liquid Credit Strategies LLC and Blackstone Liquid Credit Strategies LLC. It invests in fixed Income markets of the United States and Canada region.
Hold a dollar asset
SRLN 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 SRLN 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 SRLN from India?
Yes. Indian residents can buy State Street Blackstone Senior Loan ETF (SRLN) 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 SRLN invest in?
State Street Blackstone Senior Loan ETF holds 718 securities. Its largest holdings are Hopper Merger Sub Inc aka Hologic 04/07/2033 (2.1%), Dayforce Bidco LLC aka Dayforce 02/04/2033 (2.1%) and Rocket Software, Inc. 11/28/2028 (2.0%). Communication Services is its largest sector at 91.8%. It is a distributing fund domiciled in the US.
What is the expense ratio of SRLN?
State Street Blackstone Senior Loan ETF has an expense ratio of 0.7% a year, taken from the fund's assets rather than billed to you. The fund manages about $5.6B.
How are SRLN dividends taxed in India?
State Street Blackstone Senior Loan 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 SRLN?
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 SRLN unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $40.54, and there is no minimum trade size.
What happens to my SRLN 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.