NYSE Arca · ETF
Invest in TXXI ETF from India
Indian and foreign residents can buy BondBloxx IR+M Tax-Aware Intermediate Duration ETF (TXXI) units directly through Paasa.
By Paasa · Updated
TXXI at a glance
- Price
- $48.15-$0.16 (0.32%)
- Expense ratio
- 0.35%
- Day range
- $48.03 – $48.23
- Assets
- $36.6M
- Domicile
- the US
- Holdings
- —
- Launched
- 2025
- Dividends
- Distributing
- 1 month
- -3.80%
- 6 months
- -3.78%
- YTD
- -4.77%
- 1 year
- -4.31%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1MICHIGAN ST BLD 5.25% 10/15/542.0%
- 2HAYS TX CONSOL IND 5% 08/15/511.9%
- 3DOUGLAS CNTY G 4.375% 09/01/361.8%
- 4MICHIGAN ST HOS 5.25% 11/15/531.8%
- 5US T BILL ZCP 11/12/261.6%
- 6DENTON TX INDEP SC 5% 08/15/531.6%
- 7NEW YORK ST HSG F V/R 05/01/661.5%
- 8PHILADELPHIA PA 5.25% 09/01/491.5%
- 9SPLENDORA TX INDEP 5% 02/15/541.5%
- 10MET TRANSPRTN AUTH 5% 11/15/501.4%
These 10 are 16.7% of the fund.
Where the money is invested
Countries
- United States100.3%
How to invest in TXXI 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 TXXI and buy
Find the fund by its ticker, TXXI, 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 TXXI from India
What TXXI holds
This actively managed exchange-traded fund (ETF) allocates its investments across a diverse portfolio of U.S. dollar-denominated debt instruments, including both municipal and taxable fixed income securities. Its core objectives are to generate attractive after-tax income for investors while simultaneously safeguarding their principal.
Hold a dollar asset
TXXI 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 TXXI 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 TXXI from India?
Yes. Indian residents can buy BondBloxx IR+M Tax-Aware Intermediate Duration ETF (TXXI) 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 TXXI invest in?
Its largest holdings are MICHIGAN ST BLD 5.25% 10/15/54 (2.0%), HAYS TX CONSOL IND 5% 08/15/51 (1.9%) and DOUGLAS CNTY G 4.375% 09/01/36 (1.8%). It is a distributing fund domiciled in the US.
What is the expense ratio of TXXI?
BondBloxx IR+M Tax-Aware Intermediate Duration ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $36.6M.
How are TXXI dividends taxed in India?
BondBloxx IR+M Tax-Aware Intermediate Duration 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 TXXI?
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 TXXI unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $48.15, and there is no minimum trade size.
What happens to my TXXI 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.