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FAANLSEMarket closedOpens 8:00am UK

Ls Faang+ Etp

£49.42Last updated
-£0.19 (0.38%)Past day
Timezone

Ls Faang+ Etp (LSE: FAAN) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £49.42 (about ₹6,292 a unit) as of 1 Oct 2026, 7:53 AM ET. It has an expense ratio of 0.35%. Indian residents can buy FAAN through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:£49.99
Previous close:£49.61
Volume:4.00

Today's low

£49.42

Today's high

£49.99

52 week low

£37.78

52 week high

£50.72

FAAN opened at £49.99, closed previously at £49.61, and has traded between £37.78 and £50.72 over the past 52 weeks.

About

To pursue the Solactive FAANG+ Investment Strategy

Issuer
LeverageShares
Exchange listed on
LSE
Asset class
Equity
Base currency
GBP
Domicile
Ireland
Dividends
—
Launched
2023
ISIN
XS2595675724

Key statistics

Expense ratio

0.35%

Assets (AUM)

£1.8M

Holdings

—

NAV

£4,936.00

Avg. volume

—

1-year price change

+18.13%

5-year price change

—

Price change excludes dividends.

Where the money is invested

Sectors

Technology
39.2%
Communication Services
28.4%
Consumer Cyclical
19.9%
Industrials
12.6%

Countries

United States
100.0%

How to buy FAAN from India

Indian residents can buy FAAN 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.

  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. 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 GBP when you buy.

  3. Search FAAN and buy

    Find the fund by its ticker, FAAN, on the London Stock Exchange ETF segment, and place your order.

Read the full guide: how to invest in FAAN from India

Trading and taxes when buying FAAN from India

Trading and limits

Trading hours
8:00 am – 4:30 pm UK
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 foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained

Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

What is the FAAN price today?

Ls Faang+ Etp (FAAN) last traded at £49.42 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 7:53 AM ET. That is ₹6,292 a unit at the 30 Sep 2026 GBP/INR rate.

When does FAAN trade, in Indian time?

The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.

How big is FAAN, and what does it cost to hold?

Ls Faang+ Etp manages about £1.8M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2023.

How are gains on FAAN taxed in India?

Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.

How has FAAN performed?

FAAN's price is up 18.1% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.