Nomura Focused Large Growth ETF
Nomura Focused Large Growth ETF (AMEX: LRGG) is an exchange-traded fund listed on NYSE Arca, trading at $30.02 (about ₹2,884 a unit) as of 28 Sep 2026, 3:59 PM ET. It has an expense ratio of 0.44%. Indian residents can buy LRGG through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$29.97
Today's high
$30.18
52 week low
$24.75
52 week high
$30.74
LRGG opened at $30.02, closed previously at $30.07, and has traded between $24.75 and $30.74 over the past 52 weeks.
About
The LRGG exchange-traded fund, originally known as the Macquarie Focused Large Growth ETF, primarily invests in substantial U.S. corporations that demonstrate significant potential for expansion. Its main objective is to capitalize on high-quality stock selections to generate maximum long-term growth opportunities. The rigorous investment selection process integrates both qualitative and quantitative analyses. A thorough, bottom-up qualitative assessment seeks out companies with robust and sustainable competitive advantages, examining crucial aspects like brand loyalty, unique proprietary technology, efficient cost structures, return on capital, the caliber of management, and broader industry trends. Concurrently, quantitative measures are applied, scrutinizing financial indicators such as profitability, capital intensity, the effectiveness of capital allocation, cash flow generation, and overall valuation. This comprehensive approach initially identifies a pool of approximately 100 companies, which the fund managers designate as their "Franchise Growth Universe." From this curated list, the fund typically constructs a concentrated portfolio, holding between 15 to 25 companies. Positions may be divested if there are notable shifts in industry dynamics, if a company's competitive edge diminishes, in instances of ineffective leadership, or when the potential for future gains becomes constrained. Important Note: As of December 1, 2025, the fund's name will officially change from Macquarie to Nomura.
Key statistics
Expense ratio
0.44%
Assets (AUM)
$289.6M
Holdings
—
NAV
$30.09
Avg. volume
—
1-year price change
+1.25%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 71.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy LRGG from India
Indian residents can buy LRGG 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 LRGG and buy
Find the fund by its ticker, LRGG, 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 LRGG from India
Trading and taxes when buying LRGG 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 LRGG price today?
Nomura Focused Large Growth ETF (LRGG) last traded at $30.02 on NYSE Arca, as of 28 Sep 2026, 3:59 PM ET. That is ₹2,884 a unit at the 28 Sep 2026 USD/INR rate.
When does LRGG 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 LRGG, and what does it cost to hold?
Nomura Focused Large Growth ETF manages about $289.6M. Its expense ratio is 0.44% a year, deducted inside the fund. It launched in 2024.
What are LRGG's largest holdings?
The top three are NVIDIA CORP COMMON STOCK (16.4%), ALPHABET INC-CL C - (11.0%) and MICROSOFT CORP COMMON (9.0%). LRGG's 10 largest positions make up 71.0% of the fund.
Does LRGG pay dividends?
Yes. LRGG 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 LRGG 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 LRGG?
Yes. You can buy LRGG by amount rather than by whole unit, and there is no minimum trade size.
How has LRGG performed?
LRGG's price is up 1.2% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.