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TPG Mortgage Investment Trust Inc

$5.97Last updated
-$0.08 (1.32%)Past day
Timezone

TPG Mortgage Investment Trust Inc (NYSE: MITT) is trading at $5.97, about ₹573 at today's USD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 1.32% today. Indian residents can buy TPG Mortgage Investment Trust from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$6.10
Previous close:$6.05
Volume:699.75K

Today's low

$5.97

Today's high

$6.10

52 week low

$5.92

52 week high

$9.27

MITT opened at $6.10, closed previously at $6.05, and has traded between $5.92 and $9.27 over the past 52 weeks.

About

TPG Mortgage Investment Trust Inc (MITT) operates as a U.S.-based real estate investment trust (REIT) primarily concentrated on residential mortgages. Its diverse portfolio includes various residential assets such as non-conforming mortgage loans, non-owner occupied loans backed by government-sponsored entities, both re-performing and non-performing loans, land development financing, and agency residential mortgage-backed securities. The company also maintains a portion of its investments in commercial properties. MITT is structured as a REIT for federal income tax purposes, which typically allows it to bypass federal corporate income taxes if it disperses at least 90% of its taxable earnings to its shareholders. The firm was established in 2011 and is headquartered in New York City.

Country
US
CEO
Thomas J. Durkin
Exchange listed on
NYSE
Industry
REIT - Mortgage
Base currency
USD
Full Time Employees
0
Sector
Real Estate
IPO date
30/06/2011

Key statistics

Avg. volume

252.90K

Market cap

$189.87M

P/E Ratio

8.07

Price-to-sales ratio

0.39

Enterprise value

$8.29B

Free cash flow yield

22.52%

Debt-to-equity ratio

13.45

Return on equity

8.68%

ROIC

5.16%

Beta

1.70

Dividend yield

15.91%

Last dividend

$0.95

Financial overview

Revenue

$472.69M

Earnings per share

$0.90

Free cash flow

$59.57M

Net profit margin

9.03%

Gross margin

74.36%

EBITDA

$476.32M

Revenue growth

14.40%

Similar securities

This is not an investment recommendation

How to buy TPG Mortgage Investment Trust from India

Indian residents can buy TPG Mortgage Investment Trust shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for TPG Mortgage Investment Trust and place an order

    Find TPG Mortgage Investment Trust by name or by its ticker, MITT, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. TPG Mortgage Investment Trust trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your TPG Mortgage Investment Trust position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in TPG Mortgage Investment Trust from India

Trading and taxes when buying TPG Mortgage Investment Trust from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. TPG Mortgage Investment Trust’s current yield is 15.91%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy TPG Mortgage Investment Trust stock?

Yes. TPG Mortgage Investment Trust (MITT) has been listed on the New York Stock Exchange since 2011, in the REIT - Mortgage industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one TPG Mortgage Investment Trust share cost in rupees?

One TPG Mortgage Investment Trust share is $5.97 — about ₹573 at a USD/INR rate of 96.06 on 29 Sep 2026. Both the TPG Mortgage Investment Trust price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying TPG Mortgage Investment Trust from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of TPG Mortgage Investment Trust?

Yes. One TPG Mortgage Investment Trust share is $5.97, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in TPG Mortgage Investment Trust.

How are gains on TPG Mortgage Investment Trust shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the TPG Mortgage Investment Trust price. Paasa issues a capital-gains statement for your return.

Does TPG Mortgage Investment Trust pay a dividend, and how is it taxed in India?

Yes. TPG Mortgage Investment Trust pays a dividend and the current yield is 15.91%; the last declared dividend was $0.95 per share, about ₹91.26. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade TPG Mortgage Investment Trust from India?

The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on TPG Mortgage Investment Trust shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare TPG Mortgage Investment Trust shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your TPG Mortgage Investment Trust holding, its cost and its closing value.

How do I sell TPG Mortgage Investment Trust and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.