NYSE Arca · ETF
Invest in YEAR ETF from India
Indian and foreign residents can buy Alliance Bernstein - AB Ultra Short ETF (YEAR) units directly through Paasa.
By Paasa · Updated
YEAR at a glance
- Price
- $50.08+$0.04 (0.07%)
- Expense ratio
- 0.25%
- Day range
- $50.03 – $50.12
- Assets
- $1.6B
- Domicile
- the US
- Holdings
- 169
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- -0.43%
- 6 months
- -0.66%
- YTD
- -1.21%
- 1 year
- -1.17%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1UNITED STATES TREASURY NOTE 09/28 4.62522.4%
- 2US 2YR NOTE (CBT) DEC26 XCBT 202612316.8%
- 3ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 5875.2%
- 4UNITED STATES TREASURY BILL 01/27 04.5%
- 5US TREASURY N/B 08/28 4.1253.1%
- 6TREASURY BILL 01/27 0.000002.7%
- 7NET OTHER ASSETS2.5%
- 8US DOLLAR1.8%
- 9US 5YR NOTE (CBT) DEC26 XCBT 202612311.6%
- 10CITIGROUP INC SR UNSECURED 10/26 3.21.2%
YEAR holds 169 securities in total. These 10 are 51.8% of the fund.
Where the money is invested
Countries
- United States68.8%
- Other18.7%
- United Kingdom4.0%
- Japan2.7%
- Canada2.3%
- France1.7%
How to invest in YEAR 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 YEAR and buy
Find the fund by its ticker, YEAR, 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 YEAR from India
What YEAR holds
This Exchange Traded Fund (ETF) is strategically overseen, investing in very short-term debt instruments. Its core purpose is to deliver consistent income, while rigorously safeguarding the original capital invested.
Hold a dollar asset
YEAR 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 YEAR 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 YEAR from India?
Yes. Indian residents can buy Alliance Bernstein - AB Ultra Short ETF (YEAR) 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 YEAR invest in?
Alliance Bernstein - AB Ultra Short ETF holds 169 securities. Its largest holdings are UNITED STATES TREASURY NOTE 09/28 4.625 (22.4%), US 2YR NOTE (CBT) DEC26 XCBT 20261231 (6.8%) and ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 (5.2%). It is a distributing fund domiciled in the US.
What is the expense ratio of YEAR?
Alliance Bernstein - AB Ultra Short 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 $1.6B.
How are YEAR dividends taxed in India?
Alliance Bernstein - AB Ultra Short ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. 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 YEAR?
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 YEAR unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $50.08, and there is no minimum trade size.
What happens to my YEAR 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.