NYSE Arca · ETF
Invest in FCUS ETF from India
Indian and foreign residents can buy Pinnacle Focused Opportunities ETF (FCUS) units directly through Paasa.
By Paasa · Updated
FCUS at a glance
- Price
- $42.04+$0.21 (0.50%)
- Expense ratio
- 0.81%
- Day range
- $41.91 – $42.04
- Assets
- $92.6M
- Domicile
- the US
- Holdings
- 10
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- +14.77%
- 6 months
- +18.62%
- YTD
- +32.74%
- 1 year
- +36.58%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Dell Technologies IncDELL4.6%
- 2MaxLinear IncMXL4.6%
- 3Hewlett Packard Enterprise CoHPE4.5%
- 4Astera Labs IncALAB4.2%
- 5Valero Energy CorpVLO3.9%
- 6Corcept Therapeutics IncCORT3.8%
- 7First American Government Obligations Fund 12/01/2031FGXXX3.8%
- 8Micron Technology IncMU3.7%
- 9Marathon Petroleum CorpMPC3.7%
- 10HF Sinclair CorpDINO3.7%
FCUS holds 10 securities in total. These 10 are 40.5% of the fund.
Where the money is invested
Sectors
- Technology62.1%
- Energy18.1%
- Communication Services6.7%
- Healthcare6.6%
- Industrials4.0%
- Basic Materials2.4%
Countries
- United States92.3%
- Singapore3.1%
- Australia3.0%
- Other1.7%
How to invest in FCUS from India
Step 1
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.
Step 2
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.
Step 3
Search FCUS and buy
Find the fund by its ticker, FCUS, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in FCUS from India
What FCUS holds
Tidal Trust II - Pinnacle Focused Opportunities ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund is co-managed by Pinnacle Family Advisors, LLC.
Hold a dollar asset
FCUS is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one FCUS unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy FCUS from India?
Yes. Indian residents can buy Pinnacle Focused Opportunities ETF (FCUS) through Paasa. It is listed on NYSE Arca and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does FCUS invest in?
Pinnacle Focused Opportunities ETF holds 10 securities. Its largest holdings are Dell Technologies Inc (4.6%), MaxLinear Inc (4.6%) and Hewlett Packard Enterprise Co (4.5%). Technology is its largest sector at 62.1%. It is a distributing fund domiciled in the US.
What is the expense ratio of FCUS?
Pinnacle Focused Opportunities ETF has an expense ratio of 0.81% a year, taken from the fund's assets rather than billed to you. The fund manages about $92.6M.
How are FCUS dividends taxed in India?
Pinnacle Focused Opportunities ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell FCUS?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one FCUS unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $42.04, and there is no minimum trade size.
What happens to my FCUS units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.