London Stock Exchange ETF segment · UCITS ETF
Invest in FDIU ETF from India
Indian and foreign residents can buy First Trust Dow Jones International Internet UCITS ETF (FDIU) units directly through Paasa.
By Paasa · Updated
FDIU at a glance
- Price
- $17.24+$0.16 (0.93%)
- Expense ratio
- 0.65%
- Day range
- $17.19 – $17.27
- Assets
- $7.3M
- Domicile
- Ireland
- Holdings
- 40
- Launched
- 2017
- Dividends
- —
- 1 month
- -8.88%
- 6 months
- -2.38%
- YTD
- -24.36%
- 1 year
- -31.67%
- 5 years
- -32.13%
Price change, excluding dividends.
Top 10 holdings
- 1Shopify Inc. (Class A)11.9%
- 2Tencent Holdings Limited10.2%
- 3Alibaba Group Holding Limited9.9%
- 4Pinduoduo Inc. (ADR)5.7%
- 5Spotify Technology S.A.5.3%
- 6NetEase, Inc.4.8%
- 7Prosus NV4.5%
- 8JD.com, Inc. (Class A)4.5%
- 9Sea Limited (ADR)4.2%
- 10Meituan Dianping (Class B)4.2%
FDIU holds 40 securities in total. These 10 are 65.2% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical41.9%
- Communication Services33.1%
- Technology21.4%
- Financial Services3.0%
- Healthcare0.6%
Countries
- China40.2%
- Canada13.0%
- Netherlands8.4%
- Ireland5.8%
- Sweden5.5%
- Singapore4.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| FDNINASDAQFirst Trust Dow Jones International Internet ETF | 0.65% | 32.5M |
Assets are shown in each fund's own reporting currency.
How to invest in FDIU 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 FDIU and buy
Find the fund by its ticker, FDIU, on the London Stock Exchange ETF segment, and place your order.
Why invest in FDIU from India
What FDIU holds
This passively managed Exchange Traded Fund (ETF) aims to mirror the investment performance, encompassing both price appreciation and income generation, of the Dow Jones International Internet Index. Its objective is to replicate these returns prior to the deduction of the fund's own operating costs.
Outside US estate tax
FDIU is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
FDIU 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.
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.
Why FDIU's UCITS structure matters for Indian investors
FDIU is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy FDIU from India?
Yes. Indian residents can buy First Trust Dow Jones International Internet UCITS ETF (FDIU) through Paasa. It is listed on the London Stock Exchange ETF segment 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 FDIU invest in?
First Trust Dow Jones International Internet UCITS ETF holds 40 securities. Its largest holdings are Shopify Inc. (Class A) (11.9%), Tencent Holdings Limited (10.2%) and Alibaba Group Holding Limited (9.9%). Consumer Cyclical is its largest sector at 41.9%. The fund is domiciled in Ireland.
What is the expense ratio of FDIU?
First Trust Dow Jones International Internet UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $7.3M.
Is FDIU a UCITS ETF, and why does that matter for Indian investors?
Yes. First Trust Dow Jones International Internet UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell FDIU?
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.