First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (NASDAQ: GRID) is an exchange-traded fund listed on NASDAQ, trading at $178.26 (about ₹17,270 a unit) as of 8 Oct 2026, 4:00 PM ET. It has an expense ratio of 0.56% and holds 123 securities. Indian residents can buy GRID through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$176.98
Today's high
$180.17
52 week low
$144.62
52 week high
$199.99
GRID opened at $178.68, closed previously at $179.79, and has traded between $144.62 and $199.99 over the past 52 weeks.
About
The First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund, known by its ticker GRID, functions as an exchange-traded fund (ETF). Its core purpose is to generate investment returns that generally correspond to the overall performance—including both capital growth and income—of a specific stock market benchmark, the Nasdaq Clean Edge Smart Grid Infrastructure Index. This alignment in performance is measured prior to the deduction of the Fund's own management fees and operational expenses.
Key statistics
Expense ratio
0.56%
Assets (AUM)
$12.4B
Holdings
123
NAV
$184.28
Avg. volume
—
1-year price change
+16.19%
5-year price change
+90.63%
Price change excludes dividends.
Top 10 holdings
GRID holds 123 securities in total. These 10 are 57.4% of the fund.
Where the money is invested
Sectors
Countries
How to buy GRID from India
Indian residents can buy GRID 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 GRID 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 GRID and buy
Find the fund by its ticker, GRID, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your GRID 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 GRID 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
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit 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
FAQs
What is the GRID price today?
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) last traded at $178.26 on NASDAQ, as of 8 Oct 2026, 4:00 PM ET. That is ₹17,270 a unit at the 8 Oct 2026 USD/INR rate.
When does GRID 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 GRID, and what does it cost to hold?
First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund manages about $12.4B. Its expense ratio is 0.56% a year, deducted inside the fund. It launched in 2009.
What are GRID's largest holdings?
The top three are Quanta Services, Inc. (9.1%), Johnson Controls International Plc (8.6%) and Eaton Corporation Plc (8.5%). GRID's 10 largest positions make up 57.4% of the fund.
Does GRID pay dividends?
Yes. GRID is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on GRID 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 GRID?
Yes. You can buy GRID by amount rather than by whole unit, and there is no minimum trade size.
How has GRID performed?
GRID's price is up 16.2% over the past year and up 90.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.