First Trust Multi Cap Growth AlphaDEX Fund
First Trust Multi Growth AlphaDEX Fund (NASDAQ: FAD) is an exchange-traded fund listed on NASDAQ, trading at $170.36 (about ₹16,022 a unit) as of 6 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.63% and holds 676 securities. Indian residents can buy FAD through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$168.61
Today's high
$170.92
52 week low
$150.01
52 week high
$200.22
FAD opened at $169.89, closed previously at $168.31, and has traded between $150.01 and $200.22 over the past 52 weeks.
About
The First Trust Multi Cap Growth AlphaDEX Fund operates as an exchange-traded fund (ETF). Its central aim is to achieve investment returns that largely reflect the overall performance—encompassing both capital appreciation and income generation—of a particular equity benchmark. This benchmark is known as the Nasdaq AlphaDEX Multi Cap Growth Index, with its performance tracked prior to the subtraction of any management fees or operational costs.
Key statistics
Expense ratio
0.63%
Assets (AUM)
$570.7M
Holdings
676
NAV
$170.35
Avg. volume
12.53K
1-year price change
+6.28%
5-year price change
+29.92%
Price change excludes dividends.
Top 10 holdings
FAD holds 676 securities in total. These 10 are 5.1% of the fund.
Where the money is invested
Sectors
Countries
How to buy FAD from India
Indian residents can buy FAD units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in FAD from India
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.
Search FAD and buy
Find the fund by its ticker, FAD, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your FAD position in USD and INR. FAD reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying FAD 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 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
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
- 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
FAQs
What is the FAD price today?
First Trust Multi Growth AlphaDEX Fund (FAD) last traded at $170.36 on NASDAQ, as of 6 Nov 2026, 4:00 PM ET. That is ₹16,022 a unit at the 8 Nov 2026 USD/INR rate.
When does FAD trade, in Indian time?
NASDAQ trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is FAD, and what does it cost to hold?
First Trust Multi Growth AlphaDEX Fund manages about $570.7M. Its expense ratio is 0.63% a year, deducted inside the fund. It launched in 2007.
What are FAD's largest holdings?
The top three are SharkNinja Inc. (0.6%), Corpay, Inc. (0.6%) and Moderna, Inc. (0.5%). FAD's 10 largest positions make up 5.1% of the fund.
Does FAD pay dividends?
No. FAD is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on FAD 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.
Can I buy fractional units of FAD?
Yes. You can buy FAD by amount rather than by whole unit, and there is no minimum trade size.
How has FAD performed?
FAD's price is up 6.3% over the past year and up 29.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.