Franklin USD Investment Grade Corporate Bond UCITS ETF
Franklin Investment Grade Corporate Bond UCITS ETF (LSE: FLUC) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $23.09 (about ₹2,177 a unit) as of 13 Nov 2026, 11:29 AM ET. It has an expense ratio of 0.35% and holds 121 securities. Indian residents can buy FLUC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$23.09
Today's high
$23.26
52 week low
$22.48
52 week high
$24.86
FLUC opened at $23.12, closed previously at $23.27, and has traded between $22.48 and $24.86 over the past 52 weeks.
About
This ETF aims to deliver consistent income by investing in the US dollar bond market, while simultaneously striving to safeguard investors' initial capital to a reasonable extent. The fund predominantly allocates its assets to high-quality corporate debt instruments, which can feature either fixed or adjustable interest payments, and are exclusively denominated in US dollars. These holdings can span a full range of maturities and originate from companies located anywhere in the world, including a modest allocation to emerging market issuers.
Key statistics
Expense ratio
0.35%
Assets (AUM)
$30.2M
Holdings
121
NAV
$23.80
Avg. volume
2.59K
1-year price change
-5.82%
5-year price change
-18.80%
Price change excludes dividends.
Top 10 holdings
FLUC holds 121 securities in total. These 10 are 14.6% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy FLUC from India
Indian residents can buy FLUC 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 FLUC 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 FLUC and buy
Find the fund by its ticker, FLUC, on the London Stock Exchange ETF segment, and place your order.
Track holdings and download tax reports
Follow your FLUC 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 FLUC 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
- 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
FAQs
What is the FLUC price today?
Franklin Investment Grade Corporate Bond UCITS ETF (FLUC) last traded at $23.09 on the London Stock Exchange ETF segment, as of 13 Nov 2026, 11:29 AM ET. That is ₹2,177 a unit at the 13 Nov 2026 USD/INR rate.
When does FLUC trade, in Indian time?
The London Stock Exchange ETF segment trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when the UK is on daylight time. Orders can only execute during that window.
How big is FLUC, and what does it cost to hold?
Franklin Investment Grade Corporate Bond UCITS ETF manages about $30.2M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2018.
Is FLUC a UCITS ETF?
Yes. Franklin Investment Grade Corporate Bond 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 FLUC's largest holdings?
The top three are MORGAN ST VAR 22/07/28 (2.0%), Bank of A VAR 09/05/36 (1.6%) and Citigroup VAR 17/11/33 (1.6%). FLUC's 10 largest positions make up 14.6% of the fund.
Is FLUC subject to US estate tax?
No. Because FLUC 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 FLUC accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on FLUC taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has FLUC performed?
FLUC's price is down 5.8% over the past year and down 18.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is FLUC different from a US-listed ETF?
FLUC is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.