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NYSE Arca · ETF

Invest in TFPN ETF from India

Indian and foreign residents can buy Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) units directly through Paasa.

By Paasa · Updated

TFPN at a glance

Price
$30.10-$0.05 (0.17%)
Expense ratio
1.13%
Day range
$29.93 – $30.15
Assets
$160.4M
Domicile
the US
Holdings
—
Launched
2023
Dividends
—
1 month
-0.02%
6 months
+8.45%
YTD
+16.38%
1 year
+21.99%
5 years
—

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1FED FUND 30DAY May2766.0%
  2. 23MO EURO EURIBOR Sep2758.3%
  3. 33 MONTH SOFR FUT Sep2731.5%
  4. 43M CORRA Futures Sep2729.0%
  5. 5ICE 3MTH SONIA FU Sep2728.6%
  6. 690-DAY BANK BILL Sep2722.1%
  7. 7USD/CNH PH FUT Dec2619.3%
  8. 8JPN 10Y BOND(OSE) Dec2613.8%
  9. 9EURO FX CURR FUT Dec267.4%
  10. 10CAN 10YR BOND FUT Dec267.1%

These 10 are 283.0% of the fund.

Where the money is invested

Sectors

  • Industrials34.5%
  • Technology13.4%
  • Consumer Defensive11.5%
  • Financial Services10.0%
  • Healthcare9.7%
  • Basic Materials8.0%

Countries

  • Other187.5%

How to invest in TFPN from India

  1. 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.

  2. 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.

  3. Step 3

    Search TFPN and buy

    Find the fund by its ticker, TFPN, 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 TFPN from India

What TFPN holds

This actively managed exchange-traded fund (ETF) endeavors to meet its investment goals through its adherence to the Chesapeake Program, a specialized trend-following strategy. Beyond this core approach, the fund's holdings also encompass cash, short-duration U.S. Treasury securities, various money market funds, and other highly liquid assets.

Hold a dollar asset

TFPN 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 TFPN 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.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy TFPN from India?

Yes. Indian residents can buy Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) 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 TFPN invest in?

Its largest holdings are FED FUND 30DAY May27 (66.0%), 3MO EURO EURIBOR Sep27 (58.3%) and 3 MONTH SOFR FUT Sep27 (31.5%). Industrials is its largest sector at 34.5%. The fund is domiciled in the US.

What is the expense ratio of TFPN?

Blueprint Chesapeake Multi-Asset Trend ETF has an expense ratio of 1.13% a year, taken from the fund's assets rather than billed to you. The fund manages about $160.4M.

What tax do I pay in India when I sell TFPN?

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 TFPN unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $30.10, and there is no minimum trade size.

What happens to my TFPN 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.

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