Paasa Logo

NYSE Arca · ETF

Invest in TUA ETF from India

Indian and foreign residents can buy Simplify Short Term Treasury Futures Strategy ETF (TUA) units directly through Paasa.

By Paasa · Updated

TUA at a glance

Price
$19.04+$0.02 (0.11%)
Expense ratio
0.25%
Day range
$19.01 – $19.14
Assets
$447.7M
Domicile
the US
Holdings
7
Launched
2022
Dividends
Distributing
1 month
-5.41%
6 months
-9.76%
YTD
-13.30%
1 year
-12.94%
5 years
—

Price change, excluding dividends.

Live chart and fund data

Top 8 holdings

  1. 1US 2YR NOTE (CBT) DEC2685.3%
  2. 2SIMPLIFY E GOVT MONEY MKT ETF12.1%
  3. 3B 12/3/26 Govt1.2%
  4. 4B 12/31/26 Govt1.0%
  5. 5Cash0.2%
  6. 6B 10/20/26 Govt0.0%
  7. 7B 1/28/27 Govt0.0%
  8. 8B 3/11/27 Govt0.0%

TUA holds 7 securities in total. These 8 are 100.0% of the fund.

Where the money is invested

Sectors

  • Financial Services12.5%

How to invest in TUA 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 TUA and buy

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

What TUA holds

The Simplify Short Term Treasury Futures Strategy ETF (TUA) endeavors to generate a total return, prior to expenses and fees, that at least equals, or ideally exceeds, the performance of the ICE US Treasury 7-10 Year Bond Index. This performance target is strictly evaluated and pursued on a quarterly calendar cycle, and not across alternative time horizons.

Hold a dollar asset

TUA 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 TUA 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 TUA from India?

Yes. Indian residents can buy Simplify Short Term Treasury Futures Strategy ETF (TUA) 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 TUA invest in?

Simplify Short Term Treasury Futures Strategy ETF holds 7 securities. Its largest holdings are US 2YR NOTE (CBT) DEC26 (85.3%), SIMPLIFY E GOVT MONEY MKT ETF (12.1%) and B 12/3/26 Govt (1.2%). Financial Services is its largest sector at 12.5%. It is a distributing fund domiciled in the US.

What is the expense ratio of TUA?

Simplify Short Term Treasury Futures Strategy ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about $447.7M.

How are TUA dividends taxed in India?

Simplify Short Term Treasury Futures Strategy 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 TUA?

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 TUA unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $19.04, and there is no minimum trade size.

What happens to my TUA 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.

Share this guide
Get started

Build wealth in dollars, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you