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NYSE Arca · ETF

Invest in FELG ETF from India

Indian and foreign residents can buy Fidelity Enhanced Large Growth ETF (FELG) units directly through Paasa.

By Paasa · Updated

FELG at a glance

Price
$45.09+$0.03 (0.07%)
Expense ratio
0.18%
Day range
$44.98 – $45.37
Assets
$5.7B
Domicile
the US
Holdings
109
Launched
2007
Dividends
Accumulating
1 month
+2.29%
6 months
+24.18%
YTD
+7.28%
1 year
+10.11%
5 years
—

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1NVIDIA CORP16.1%
  2. 2APPLE INC8.2%
  3. 3ALPHABET INC CL A7.6%
  4. 4BROADCOM INC5.0%
  5. 5MICROSOFT CORP5.0%
  6. 6MICRON TECHNOLOGY INC4.0%
  7. 7META PLATFORMS INC CL A3.8%
  8. 8ELI LILLY & CO3.3%
  9. 9ALPHABET INC CL C3.0%
  10. 10TESLA INC2.6%

FELG holds 109 securities in total. These 10 are 58.6% of the fund.

Where the money is invested

Sectors

  • Technology58.8%
  • Communication Services15.5%
  • Industrials8.6%
  • Healthcare5.8%
  • Consumer Cyclical5.7%
  • Financial Services4.6%

Countries

  • United States98.5%
  • Ireland1.0%
  • Singapore0.3%
  • Australia0.2%
  • Netherlands0.2%
  • Cayman Islands0.2%

Similar funds

FundExpense ratioAssets
PWBAMEXInvesco Large Cap Growth ETF0.55%2.7B

Assets are shown in each fund's own reporting currency.

How to invest in FELG from India

  1. 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.

  2. 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.

  3. Step 3

    Search FELG and buy

    Find the fund by its ticker, FELG, 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 FELG from India

What FELG holds

This investment strategy focuses on American equities, aiming to build a portfolio primarily of substantial, growth-oriented companies. It employs a systematic and rigorous process to select businesses that exhibit particularly appealing qualities.

Dividends reinvested for you

Dividends from FELG's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

Hold a dollar asset

FELG 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 FELG 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.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy FELG from India?

Yes. Indian residents can buy Fidelity Enhanced Large Growth ETF (FELG) 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 FELG invest in?

Fidelity Enhanced Large Growth ETF holds 109 securities. Its largest holdings are NVIDIA CORP (16.1%), APPLE INC (8.2%) and ALPHABET INC CL A (7.6%). Technology is its largest sector at 58.8%. It is an accumulating fund domiciled in the US.

What is the expense ratio of FELG?

Fidelity Enhanced Large Growth ETF has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about $5.7B.

Does FELG pay dividends?

No. Fidelity Enhanced Large Growth ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

What tax do I pay in India when I sell FELG?

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 FELG unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $45.09, and there is no minimum trade size.

What happens to my FELG 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.

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