First Trust Core Investment Grade ETF
First Trust Core Investment Grade ETF (AMEX: FTCB) is an exchange-traded fund listed on NYSE Arca, trading at $19.77 (about ₹1,899 a unit) as of 28 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.56% and holds 789 securities. Indian residents can buy FTCB through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$19.76
Today's high
$19.83
52 week low
$19.76
52 week high
$21.60
FTCB opened at $19.82, closed previously at $19.93, and has traded between $19.76 and $21.60 over the past 52 weeks.
About
The First Trust Core Investment Grade ETF (the "Fund") aims to maximize its long-term total return. Under typical market conditions, the Fund endeavors to invest its entire "Investment Portfolio" in high-quality, investment-grade securities. To qualify as investment-grade, a security must, at the time of purchase, carry a credit rating of at least Baa3/BBB- from a nationally recognized statistical rating organization (NRSRO). Alternatively, if unrated, it must be determined by the Fund's investment advisor to possess equivalent credit quality. This "Investment Portfolio" exclusively consists of such investment-grade securities hand-picked by the Fund's portfolio managers. It specifically excludes any uninvested cash or other fund assets not directly tied to its core investment strategy, including, but not limited to, outstanding receivables or assets acquired through an issuer's financial restructuring.
Key statistics
Expense ratio
0.56%
Assets (AUM)
$2.6B
Holdings
789
NAV
$19.90
Avg. volume
—
1-year price change
-7.01%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
FTCB holds 789 securities in total. These 10 are 34.6% of the fund.
Where the money is invested
Countries
How to buy FTCB from India
Indian residents can buy FTCB 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 FTCB and buy
Find the fund by its ticker, FTCB, on NYSE Arca, 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 FTCB from India
Trading and taxes when buying FTCB 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
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 FTCB price today?
First Trust Core Investment Grade ETF (FTCB) last traded at $19.77 on NYSE Arca, as of 28 Sep 2026, 4:00 PM ET. That is ₹1,899 a unit at the 28 Sep 2026 USD/INR rate.
When does FTCB trade, in Indian time?
NYSE Arca 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 FTCB, and what does it cost to hold?
First Trust Core Investment Grade ETF manages about $2.6B. Its expense ratio is 0.56% a year, deducted inside the fund. It launched in 2023.
What are FTCB's largest holdings?
The top three are US 2YR NOTE (CBT) Dec26 (17.3%), US 5YR NOTE (CBT) Dec26 (5.8%) and Fannie Mae or Freddie Mac TBA, 5.50%, due 04/01/2056 (2.3%). FTCB's 10 largest positions make up 34.6% of the fund.
Does FTCB pay dividends?
Yes. FTCB 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 FTCB 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 FTCB?
Yes. You can buy FTCB by amount rather than by whole unit, and there is no minimum trade size.
How has FTCB performed?
FTCB's price is down 7.0% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.