UVA Unconstrained Medium-Term Fixed Income ETF
UVA Unconstrained Medium-Term Fixed ETF (AMEX: FFIU) is an exchange-traded fund listed on NYSE Arca, trading at $20.90 (about ₹1,987 a unit) as of 2 Nov 2026, 10:00 AM ET. It has an expense ratio of 0.82% and holds 128 securities. Indian residents can buy FFIU through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$20.90
Today's high
$20.90
52 week low
$20.02
52 week high
$22.82
FFIU opened at $20.90, closed previously at $20.90, and has traded between $20.02 and $22.82 over the past 52 weeks.
About
The UVA Unconstrained Medium-Term Fixed Income ETF's primary goal is to generate current income. It achieves this by predominantly investing in a diverse array of fixed-income instruments. These investments are specifically chosen to maintain a dollar-weighted average effective duration generally ranging between three and seven years. Typically, the fund's sub-adviser will dedicate a minimum of 80% of its net assets (along with any borrowed funds used for investment) to these types of securities. The category of fixed-income securities encompasses bonds, various debt instruments, and other income-producing assets, regardless of whether they are issued by government entities or private companies.
Key statistics
Expense ratio
0.82%
Assets (AUM)
$49.5M
Holdings
128
NAV
$21.05
Avg. volume
4.28K
1-year price change
-7.33%
5-year price change
-20.69%
Price change excludes dividends.
Top 10 holdings
FFIU holds 128 securities in total. These 10 are 18.6% of the fund.
Where the money is invested
Countries
How to buy FFIU from India
Indian residents can buy FFIU 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 FFIU 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 FFIU and buy
Find the fund by its ticker, FFIU, 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 FFIU position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying FFIU 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
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax 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 FFIU price today?
UVA Unconstrained Medium-Term Fixed ETF (FFIU) last traded at $20.90 on NYSE Arca, as of 2 Nov 2026, 10:00 AM ET. That is ₹1,987 a unit at the 1 Nov 2026 USD/INR rate.
When does FFIU 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 FFIU, and what does it cost to hold?
UVA Unconstrained Medium-Term Fixed ETF manages about $49.5M. Its expense ratio is 0.82% a year, deducted inside the fund. It launched in 2017.
What are FFIU's largest holdings?
The top three are FR SD2700 Mtge (2.7%), FR RQ0136 Mtge 7-1-2056 (1.9%) and FN MA5165 (1.9%). FFIU's 10 largest positions make up 18.6% of the fund.
Does FFIU pay dividends?
Yes. FFIU is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on FFIU taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of FFIU?
Yes. You can buy FFIU by amount rather than by whole unit, and there is no minimum trade size.
How has FFIU performed?
FFIU's price is down 7.3% over the past year and down 20.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.