Amundi USD Floating Rate Corporate Bond ESG UCITS ETF Acc
Amundi Floating Rate Corporate Bond ESG UCITS ETF (XETRA: FRNU) is an exchange-traded fund listed on XETRA, trading at €126.74 (about ₹13,190 a unit) as of 13 Nov 2026, 11:35 AM ET. It has an expense ratio of 0.18% and holds 278 securities. Indian residents can buy FRNU through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€126.46
Today's high
€126.74
52 week low
€112.87
52 week high
€126.74
FRNU opened at €126.47, closed previously at €126.52, and has traded between €112.87 and €126.74 over the past 52 weeks.
About
This ETF is designed to mirror, as accurately as possible, the performance of the Total Return iBoxx MSCI ESG USD FRN Investment Grade Corporates TCA Index, regardless of market direction. It provides investors with exposure to USD-denominated, investment-grade floating rate notes issued by corporate entities based in developed countries. A crucial part of its strategy involves screening out companies involved in specific sectors, including adult entertainment, alcohol, civilian firearms, controversial and conventional weapons, gambling, genetically modified organisms (GMO), nuclear power, nuclear weapons, tobacco, oil sands, and thermal coal. Furthermore, all eligible issuers must maintain a minimum MSCI ESG rating of BBB. For a comprehensive understanding of the index rules, please refer to the fund's prospectus or www.ihsmarkit.com.
Key statistics
Expense ratio
0.18%
Assets (AUM)
€890.8M
Holdings
278
NAV
€126.34
Avg. volume
415.00
1-year price change
+10.20%
5-year price change
+29.65%
Price change excludes dividends.
Top 10 holdings
FRNU holds 278 securities in total. These 10 are 5.8% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy FRNU from India
Indian residents can buy FRNU 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 FRNU 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, and Interactive Brokers converts the dollars to EUR when you buy.
Search FRNU and buy
Find the fund by its ticker, FRNU, on XETRA, and place your order.
Track holdings and download tax reports
Follow your FRNU position in EUR and INR. FRNU reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying FRNU from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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
- 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.
FAQs
What is the FRNU price today?
Amundi Floating Rate Corporate Bond ESG UCITS ETF (FRNU) last traded at €126.74 on XETRA, as of 13 Nov 2026, 11:35 AM ET. That is ₹13,190 a unit at the 13 Nov 2026 EUR/INR rate.
When does FRNU trade, in Indian time?
XETRA trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when Germany is on daylight time. Orders can only execute during that window.
How big is FRNU, and what does it cost to hold?
Amundi Floating Rate Corporate Bond ESG UCITS ETF manages about €890.8M. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2018.
Is FRNU a UCITS ETF?
Yes. Amundi Floating Rate Corporate Bond ESG UCITS ETF is a UCITS fund domiciled in Luxembourg, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on XETRA and trades in EUR.
What are FRNU's largest holdings?
The top three are AMAZON.COM IN FRN Mar28 (0.8%), CBAAU Float 03/14/30 (0.7%) and HSBC HOLDINGS FRN May31 (0.6%). FRNU's 10 largest positions make up 5.8% of the fund.
Is FRNU subject to US estate tax?
No. Because FRNU is domiciled in Luxembourg 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 FRNU 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 gains on FRNU 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 FRNU performed?
FRNU's price is up 10.2% over the past year and up 29.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is FRNU different from a US-listed ETF?
FRNU is domiciled in Luxembourg rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.