Franklin FTSE Asia ex China ex Japan UCITS ETF
Franklin FTSE Asia ex China ex Japan UCITS ETF (LSE: FLQA) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $44.64 (about ₹4,288 a unit) as of 30 Sep 2026, 11:25 AM ET. It has an expense ratio of 0.14% and holds 783 securities. Indian residents can buy FLQA through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$44.61
Today's high
$44.83
52 week low
$29.00
52 week high
$48.25
FLQA opened at $44.83, closed previously at $45.09, and has traded between $29.00 and $48.25 over the past 52 weeks.
About
This Exchange Traded Fund (ETF) seeks to provide investors with access to medium and large-sized companies operating in various Asian economies, specifically excluding those based in China and Japan. The fund achieves this by investing primarily in the equities of such prominent Asian businesses that are components of its reference benchmark. This benchmark, in turn, comprises major and mid-capitalisation corporations from a selection of both developed and emerging markets throughout the Asian region.
Key statistics
Expense ratio
0.14%
Assets (AUM)
$558.9M
Holdings
783
NAV
$44.71
Avg. volume
—
1-year price change
+55.28%
5-year price change
+95.97%
Price change excludes dividends.
Top 10 holdings
FLQA holds 783 securities in total. These 10 are 328.2% of the fund.
Where the money is invested
Sectors
Countries
How to buy FLQA from India
Indian residents can buy FLQA 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 FLQA and buy
Find the fund by its ticker, FLQA, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in FLQA from India
Trading and taxes when buying FLQA 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the FLQA price today?
Franklin FTSE Asia ex China ex Japan UCITS ETF (FLQA) last traded at $44.64 on the London Stock Exchange ETF segment, as of 30 Sep 2026, 11:25 AM ET. That is ₹4,288 a unit at the 29 Sep 2026 USD/INR rate.
When does FLQA 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 FLQA, and what does it cost to hold?
Franklin FTSE Asia ex China ex Japan UCITS ETF manages about $558.9M. Its expense ratio is 0.14% a year, deducted inside the fund. It launched in 2018.
Is FLQA a UCITS ETF?
Yes. Franklin FTSE Asia ex China ex Japan 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 FLQA's largest holdings?
The top three are Net Current Assets (145.0%), INR CGT ADJ (140.7%) and CASH (19.0%). FLQA's 10 largest positions make up 328.2% of the fund.
Is FLQA subject to US estate tax?
No. Because FLQA 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.
How are US dividends taxed inside FLQA?
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 FLQA 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 FLQA performed?
FLQA's price is up 55.3% over the past year and up 96.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is FLQA different from a US-listed ETF?
FLQA 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.