NYSE Arca · ETF
Invest in SSFI ETF from India
Indian and foreign residents can buy Day Hagan Smart Sector Fixed ETF (SSFI) units directly through Paasa.
By Paasa · Updated
SSFI at a glance
- Price
- $20.28-$0.01 (0.03%)
- Expense ratio
- 0.76%
- Day range
- $20.27 – $20.35
- Assets
- $28.3M
- Domicile
- the US
- Holdings
- —
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -3.36%
- 6 months
- -4.99%
- YTD
- -5.65%
- 1 year
- -6.26%
- 5 years
- -18.74%
Price change, excluding dividends.
Top 10 holdings
- 1SPDR SER TR PORTFLI INTRMDIT26.1%
- 2SPDR PORTFOLIO MORTGAGE BACK22.0%
- 3SPDR BBG BARC ST TREASURY12.2%
- 4VANGUARD EMERG MKTS GOV BND11.0%
- 5SPDR BLOOMBERG BARCLAYS LONG TERM TREASURY ETF8.7%
- 6SPDR PORTFOLIO HIGH YIELD8.1%
- 7SPDR PORTFOLIO CORPORATE6.3%
- 8VANGUARD TOTAL INTL BOND ETF4.1%
- 9VANGUARD SHORT-TERM TIPS1.0%
- 10CASH AND CASH EQUIVALENTS0.5%
These 10 are 100.0% of the fund.
Where the money is invested
Countries
- United States99.5%
- Other0.5%
How to invest in SSFI 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 SSFI and buy
Find the fund by its ticker, SSFI, 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 SSFI from India
What SSFI holds
The fund is considered a “fund of funds” that, under normal market conditions, seeks to achieve its investment objective by principally investing in unaffiliated fixed income exchange traded funds that invest in fixed income categories. Under normal market conditions, the fund will invest, indirectly through the underlying funds, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in fixed income securities and other instruments that have economic characteristics similar to such securities.
Hold a dollar asset
SSFI 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 SSFI 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 SSFI from India?
Yes. Indian residents can buy Day Hagan Smart Sector Fixed ETF (SSFI) 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 SSFI invest in?
Its largest holdings are SPDR SER TR PORTFLI INTRMDIT (26.1%), SPDR PORTFOLIO MORTGAGE BACK (22.0%) and SPDR BBG BARC ST TREASURY (12.2%). It is a distributing fund domiciled in the US.
What is the expense ratio of SSFI?
Day Hagan Smart Sector Fixed ETF has an expense ratio of 0.76% a year, taken from the fund's assets rather than billed to you. The fund manages about $28.3M.
How are SSFI dividends taxed in India?
Day Hagan Smart Sector Fixed 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 SSFI?
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 SSFI unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $20.28, and there is no minimum trade size.
What happens to my SSFI 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.