Putnam Focused U.S. Research ETF
Putnam Focused U.S. Research ETF (AMEX: PFRX) is an exchange-traded fund listed on NYSE Arca, trading at $33.01 (about ₹3,171 a unit) as of 28 Sep 2026, 4:00 PM ET. Indian residents can buy PFRX through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$33.01
Today's high
$33.21
52 week low
$33.01
52 week high
$33.21
PFRX opened at $33.01, closed previously at $33.15, and has traded between $33.01 and $33.21 over the past 52 weeks.
About
Putnam Focused U.S. Research ETF is an actively managed exchange-traded fund that seeks capital appreciation by investing primarily in U.S. companies selected through fundamental research. The fund focuses on a concentrated portfolio of companies that Putnam Investment Management believes offer attractive long-term growth potential, using fundamental analysis of business prospects, financial condition, valuation, and other company-specific factors. The ETF is listed on NYSE Arca under the ticker PFRX and is scheduled to commence operations on September 28, 2026 through the reorganization of Putnam Focused Equity Fund.
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Price change excludes dividends.
How to buy PFRX from India
Indian residents can buy PFRX 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 PFRX and buy
Find the fund by its ticker, PFRX, 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 PFRX from India
Trading and taxes when buying PFRX 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
- 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 PFRX price today?
Putnam Focused U.S. Research ETF (PFRX) last traded at $33.01 on NYSE Arca, as of 28 Sep 2026, 4:00 PM ET. That is ₹3,171 a unit at the 28 Sep 2026 USD/INR rate.
When does PFRX 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 are gains on PFRX 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 PFRX?
Yes. You can buy PFRX by amount rather than by whole unit, and there is no minimum trade size.