iShares € Floating Rate Bond ESG UCITS ETF
iShares € Floating Rate Bond ESG UCITS ETF (XETRA: EFRN) is an exchange-traded fund listed on XETRA, trading at €5.08 (about ₹555 a unit) as of 25 Sep 2026, 11:36 AM ET. It has an expense ratio of 0.1% and holds 140 securities. Indian residents can buy EFRN through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€5.08
Today's high
€5.08
52 week low
€5.00
52 week high
€5.11
EFRN opened at €5.08, closed previously at €5.08, and has traded between €5.00 and €5.11 over the past 52 weeks.
About
The Fund strives to deliver investor returns by leveraging both capital appreciation and income generated from its portfolio. Its performance is intended to replicate the results of its benchmark, the Bloomberg MSCI EUR FRN Corporate 3% Issuer Cap Bond Sustainable SRI Index.
Key statistics
Expense ratio
0.1%
Assets (AUM)
€988.9M
Holdings
140
NAV
€5.07
Avg. volume
—
1-year price change
+0.04%
5-year price change
+1.44%
Price change excludes dividends.
Top 10 holdings
EFRN holds 140 securities in total. These 10 are 14.4% of the fund.
Where the money is invested
Countries
How to buy EFRN from India
Indian residents can buy EFRN units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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.
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, and Interactive Brokers converts the dollars to EUR when you buy.
Search EFRN and buy
Find the fund by its ticker, EFRN, on XETRA, and place your order.
Read the full guide: how to invest in EFRN from India
Trading and taxes when buying EFRN from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the EFRN price today?
iShares € Floating Rate Bond ESG UCITS ETF (EFRN) last traded at €5.08 on XETRA, as of 25 Sep 2026, 11:36 AM ET. That is ₹555 a unit at the 26 Sep 2026 EUR/INR rate.
When does EFRN trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is EFRN, and what does it cost to hold?
iShares € Floating Rate Bond ESG UCITS ETF manages about €988.9M. Its expense ratio is 0.1% a year, deducted inside the fund. It launched in 2018.
Is EFRN a UCITS ETF?
Yes. iShares € Floating Rate Bond ESG UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on XETRA and trades in EUR.
What are EFRN's largest holdings?
The top three are COOPERATIEVE RABOBANK UA MTN RegS 3.02% 07/16/2028 (RABOBK) (1.6%), JPMORGAN CHASE & CO MTN RegS 3.04% 02/18/2029 (JPM) (1.6%) and AUSTRALIA AND NEW ZEALAND BANKING MTN RegS 2.89% 05/21/2027 (ANZ) (1.6%). EFRN's 10 largest positions make up 14.4% of the fund.
Is EFRN subject to US estate tax?
No. Because EFRN is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is EFRN accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on EFRN taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has EFRN performed?
EFRN's price is up 0.0% over the past year and up 1.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is EFRN different from a US-listed ETF?
EFRN is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.