First Trust Large Cap Core AlphaDEX Fund
First Trust Large Core AlphaDEX Fund (NASDAQ: FEX) is an exchange-traded fund listed on NASDAQ, trading at $133.29 (about ₹12,805 a unit) as of 28 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.57% and holds 375 securities. Indian residents can buy FEX through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$132.94
Today's high
$133.67
52 week low
$93.35
52 week high
$142.60
FEX opened at $133.55, closed previously at $134.42, and has traded between $93.35 and $142.60 over the past 52 weeks.
About
First Trust Exchange-Traded AlphaDEX Fund - First Trust Large Cap Core AlphaDEX Fund is an exchange traded fund launched and managed by First Trust Advisors LP. The fund invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the Nasdaq AlphaDEX Large Cap Core Index, by using full replication technique. First Trust Exchange-Traded AlphaDEX Fund - First Trust Large Cap Core AlphaDEX Fund was formed on May 8, 2007 and is domiciled in the United States.
Key statistics
Expense ratio
0.57%
Assets (AUM)
$1.6B
Holdings
375
NAV
$134.43
Avg. volume
—
1-year price change
+14.69%
5-year price change
+54.32%
Price change excludes dividends.
Top 10 holdings
FEX holds 375 securities in total. These 10 are 6.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy FEX from India
Indian residents can buy FEX 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.
Search FEX and buy
Find the fund by its ticker, FEX, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in FEX from India
Trading and taxes when buying FEX 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
Custody. Units 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
What is the FEX price today?
First Trust Large Core AlphaDEX Fund (FEX) last traded at $133.29 on NASDAQ, as of 28 Sep 2026, 4:00 PM ET. That is ₹12,805 a unit at the 28 Sep 2026 USD/INR rate.
When does FEX trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, 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.
How big is FEX, and what does it cost to hold?
First Trust Large Core AlphaDEX Fund manages about $1.6B. Its expense ratio is 0.57% a year, deducted inside the fund. It launched in 2007.
What are FEX's largest holdings?
The top three are Cognizant Technology Solutions Corporation (0.7%), Super Micro Computer, Inc. (0.7%) and Accenture plc (0.6%). FEX's 10 largest positions make up 6.0% of the fund.
Does FEX pay dividends?
No. FEX is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on FEX 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 FEX?
Yes. You can buy FEX by amount rather than by whole unit, and there is no minimum trade size.
How has FEX performed?
FEX's price is up 14.7% over the past year and up 54.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.