First Trust Mid Cap Growth AlphaDEX Fund
First Trust Mid Growth AlphaDEX Fund (NASDAQ: FNY) is an exchange-traded fund listed on NASDAQ, trading at $99.72 (about ₹9,565 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.73% and holds 224 securities. Indian residents can buy FNY through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$99.22
Today's high
$100.11
52 week low
$85.09
52 week high
$111.06
FNY opened at $99.29, closed previously at $99.61, and has traded between $85.09 and $111.06 over the past 52 weeks.
About
First Trust Exchange-Traded AlphaDEX Fund - First Trust Mid Cap Growth 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. The fund invests in growth stocks of mid-cap companies. It seeks to track the performance of the Nasdaq AlphaDEX Mid Cap Growth Index, by using full replication technique. First Trust Exchange-Traded AlphaDEX Fund - First Trust Mid Cap Growth AlphaDEX Fund was formed on April 19, 2011 and is domiciled in the United States.
Key statistics
Expense ratio
0.73%
Assets (AUM)
$567.6M
Holdings
224
NAV
$99.57
Avg. volume
—
1-year price change
+10.75%
5-year price change
+33.23%
Price change excludes dividends.
Top 10 holdings
FNY holds 224 securities in total. These 10 are 9.1% of the fund.
Where the money is invested
Sectors
Countries
How to buy FNY from India
Indian residents can buy FNY 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 FNY and buy
Find the fund by its ticker, FNY, 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 FNY from India
Trading and taxes when buying FNY 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 FNY price today?
First Trust Mid Growth AlphaDEX Fund (FNY) last traded at $99.72 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹9,565 a unit at the 25 Sep 2026 USD/INR rate.
When does FNY 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 FNY, and what does it cost to hold?
First Trust Mid Growth AlphaDEX Fund manages about $567.6M. Its expense ratio is 0.73% a year, deducted inside the fund. It launched in 2011.
What are FNY's largest holdings?
The top three are Okta, Inc. (1.0%), Zeta Global Holdings Corp. (Class A) (1.0%) and Halozyme Therapeutics, Inc. (1.0%). FNY's 10 largest positions make up 9.1% of the fund.
Does FNY pay dividends?
No. FNY is an accumulating fund: dividends from its holdings are reinvested inside the fund, so nothing is paid out to you.
How are gains on FNY 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 FNY?
Yes. You can buy FNY by amount rather than by whole unit, and there is no minimum trade size.
How has FNY performed?
FNY's price is up 10.8% over the past year and up 33.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.