First Trust NYSE Arca Biotechnology Index Fund
First Trust NYSE Arca Biotechnology Index Fund (AMEX: FBT) is an exchange-traded fund listed on NYSE Arca, trading at $271.03 (about ₹25,555 a unit) as of 13 Nov 2026, 4:00 PM ET. It has an expense ratio of 0.55% and holds 30 securities. Indian residents can buy FBT through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$268.25
Today's high
$272.36
52 week low
$189.47
52 week high
$283.21
FBT opened at $270.88, closed previously at $271.17, and has traded between $189.47 and $283.21 over the past 52 weeks.
About
The First Trust NYSE Arca Biotechnology Index Fund (FBT) is an exchange-traded fund (ETF) designed with a clear purpose: to accurately reflect the price movements and income generated by the NYSE Arca Biotechnology Index. Its core objective is to closely match the performance of this benchmark index, before accounting for the fund's operational fees and expenses.
Key statistics
Expense ratio
0.55%
Assets (AUM)
$3.1B
Holdings
30
NAV
$271.35
Avg. volume
74.08K
1-year price change
+35.73%
5-year price change
+69.72%
Price change excludes dividends.
Top 10 holdings
FBT holds 30 securities in total. These 10 are 39.6% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy FBT from India
Indian residents can buy FBT 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 FBT 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 FBT and buy
Find the fund by its ticker, FBT, on NYSE Arca, 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 FBT position in USD and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying FBT 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
- 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 FBT price today?
First Trust NYSE Arca Biotechnology Index Fund (FBT) last traded at $271.03 on NYSE Arca, as of 13 Nov 2026, 4:00 PM ET. That is ₹25,555 a unit at the 13 Nov 2026 USD/INR rate.
When does FBT trade, in Indian time?
NYSE Arca 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 FBT, and what does it cost to hold?
First Trust NYSE Arca Biotechnology Index Fund manages about $3.1B. Its expense ratio is 0.55% a year, deducted inside the fund. It launched in 2006.
What are FBT's largest holdings?
The top three are Genmab A/S (ADR) (4.6%), ADMA Biologics, Inc. (4.2%) and Regeneron Pharmaceuticals, Inc. (4.2%). FBT's 10 largest positions make up 39.6% of the fund.
How are gains on FBT 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 FBT?
Yes. You can buy FBT by amount rather than by whole unit, and there is no minimum trade size.
How has FBT performed?
FBT's price is up 35.7% over the past year and up 69.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.