First Trust US Large Cap Core AlphaDEX UCITS ETF
First Trust US Large Core AlphaDEX UCITS ETF (LSE: FEXU) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $110.41 (about ₹10,599 a unit) as of 1 Oct 2026, 5:32 AM ET. It has an expense ratio of 0.75% and holds 375 securities. Indian residents can buy FEXU through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$110.21
Today's high
$110.51
52 week low
$93.11
52 week high
$118.34
FEXU opened at $110.51, closed previously at $111.09, and has traded between $93.11 and $118.34 over the past 52 weeks.
About
This passively managed exchange-traded fund (ETF) is designed to provide investors with a comprehensive return, including both capital gains and income, reflective of the NASDAQ AlphaDEX Large Cap Core Index prior to fees and expenses. The underlying Index itself is distinctive, featuring a modified equally-weighted composition. It utilizes the proprietary AlphaDEX methodology to objectively select its constituents from the broader NASDAQ U.S. 500 Large Cap Index, applying specific fundamental growth and value factors. This strategic stock selection aims to generate positive alpha, thereby outperforming traditional passive indices.
Key statistics
Expense ratio
0.75%
Assets (AUM)
$151.8M
Holdings
375
NAV
$111.00
Avg. volume
—
1-year price change
+14.20%
5-year price change
+63.33%
Price change excludes dividends.
Top 10 holdings
FEXU holds 375 securities in total. These 10 are 6.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy FEXU from India
Indian residents can buy FEXU 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 FEXU and buy
Find the fund by its ticker, FEXU, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in FEXU from India
Trading and taxes when buying FEXU 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
- 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.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the FEXU price today?
First Trust US Large Core AlphaDEX UCITS ETF (FEXU) last traded at $110.41 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 5:32 AM ET. That is ₹10,599 a unit at the 30 Sep 2026 USD/INR rate.
When does FEXU 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 FEXU, and what does it cost to hold?
First Trust US Large Core AlphaDEX UCITS ETF manages about $151.8M. Its expense ratio is 0.75% a year, deducted inside the fund. It launched in 2013.
Is FEXU a UCITS ETF?
Yes. First Trust US Large Core AlphaDEX 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 the London Stock Exchange ETF segment and trades in US dollars.
What are FEXU's largest holdings?
The top three are Accenture Plc (0.7%), Cognizant Technology Solutions Corporation (0.7%) and Super Micro Computer, Inc. (0.6%). FEXU's 10 largest positions make up 6.0% of the fund.
Is FEXU subject to US estate tax?
No. Because FEXU 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 FEXU accumulating or distributing?
Accumulating. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
How are US dividends taxed inside FEXU?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on FEXU 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 FEXU performed?
FEXU's price is up 14.2% over the past year and up 63.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is FEXU different from a US-listed ETF?
FEXU is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.