Innovator International Developed Managed Floor ETF
Innovator International Developed Managed Floor ETF (AMEX: IFLR) is an exchange-traded fund listed on NYSE Arca, trading at $53.06 (about ₹5,097 a unit) as of 29 Sep 2026, 3:55 PM ET. It has an expense ratio of 0.89% and holds 343 securities. Indian residents can buy IFLR through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$52.88
Today's high
$53.11
52 week low
$48.22
52 week high
$55.87
IFLR opened at $53.08, closed previously at $53.27, and has traded between $48.22 and $55.87 over the past 52 weeks.
About
IFLR blends international developed equity exposure with a structured options framework designed to limit the impact of deep market declines. The equity sleeve invests in large- and mid-cap companies from developed markets outside the United States, using an optimized sampling process to mirror the sector, geographic, and risk characteristics of its reference index without holding every constituent. To reduce losses, the fund builds four staggered one-year put option positions, each with a strike set at roughly 90% of the index level at initiation, creating quarterly-resetting floors that seek to cap losses at about 10% at each contracts expiration. These puts are financed by selling short-term call options that renew roughly every week, generating premium income but limiting upside beyond each calls strike. By laddering both its purchased puts and written calls, the strategy aims to provide more continuous downside protection across market cycles while maintaining participation in a portion of equity gains.
Key statistics
Expense ratio
0.89%
Assets (AUM)
$100.5M
Holdings
343
NAV
$52.91
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
IFLR holds 343 securities in total. These 10 are 14.5% of the fund.
Where the money is invested
Sectors
Countries
How to buy IFLR from India
Indian residents can buy IFLR 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 IFLR and buy
Find the fund by its ticker, IFLR, 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 IFLR from India
Trading and taxes when buying IFLR 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
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 IFLR price today?
Innovator International Developed Managed Floor ETF (IFLR) last traded at $53.06 on NYSE Arca, as of 29 Sep 2026, 3:55 PM ET. That is ₹5,097 a unit at the 29 Sep 2026 USD/INR rate.
When does IFLR 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 IFLR, and what does it cost to hold?
Innovator International Developed Managed Floor ETF manages about $100.5M. Its expense ratio is 0.89% a year, deducted inside the fund. It launched in 2025.
What are IFLR's largest holdings?
The top three are ASML Holding NV (3.0%), HSBC Holdings PLC (1.6%) and Roche Holding AG (1.4%). IFLR's 10 largest positions make up 14.5% of the fund.
Does IFLR pay dividends?
Yes. IFLR 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 IFLR 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 IFLR?
Yes. You can buy IFLR by amount rather than by whole unit, and there is no minimum trade size.