London Stock Exchange ETF segment · UCITS ETF
Invest in FEMU ETF from India
Indian and foreign residents can buy First Trust Emerging Markets AlphaDEX UCITS ETF (FEMU) units directly through Paasa.
By Paasa · Updated
FEMU at a glance
- Price
- $50.47-$0.76 (1.48%)
- Expense ratio
- 0.8%
- Day range
- $50.47 – $50.47
- Assets
- $15.1M
- Domicile
- Ireland
- Holdings
- 157
- Launched
- 2013
- Dividends
- —
- 1 month
- -2.61%
- 6 months
- +8.44%
- YTD
- +19.00%
- 1 year
- +22.06%
- 5 years
- +46.04%
Price change, excluding dividends.
Top 10 holdings
- 1Kinsus Interconnect Technology Corp.3.1%
- 2Unimicron Technology Corporation2.1%
- 3Nan Ya Printed Circuit Board Corporation2.0%
- 4Innolux Corporation1.8%
- 5Asia Vital Components Co., Ltd.1.7%
- 6Elite Material Co., Ltd.1.5%
- 7Wan Hai Lines Ltd.1.5%
- 8Ultrapar Participacoes S.A.1.3%
- 9WPG Holdings Limited1.3%
- 10Ase Technology Holding Co., Ltd.1.3%
FEMU holds 157 securities in total. These 10 are 17.6% of the fund.
Where the money is invested
Sectors
- Technology27.7%
- Industrials19.8%
- Energy14.2%
- Basic Materials8.8%
- Financial Services6.5%
- Utilities5.8%
Countries
- Taiwan34.8%
- China18.8%
- Brazil9.2%
- Turkey6.4%
- India5.9%
- Thailand4.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| FEMNASDAQFirst Trust Emerging Markets AlphaDEX Fund | 0.8% | 797.2M |
Assets are shown in each fund's own reporting currency.
How to invest in FEMU 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 FEMU and buy
Find the fund by its ticker, FEMU, on the London Stock Exchange ETF segment, and place your order.
Why invest in FEMU from India
What FEMU holds
This passively managed, index-tracking fund aims to deliver investors a total return, combining capital growth and income, that closely mirrors the performance of the NASDAQ AlphaDEX Emerging Markets Index (the “Index”), prior to the deduction of fees and expenses. The Index itself is structured with a modified equally-weighted approach and incorporates the proprietary AlphaDEX stock selection methodology.
Outside US estate tax
FEMU 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
FEMU 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 FEMU's UCITS structure matters for Indian investors
FEMU 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 FEMU from India?
Yes. Indian residents can buy First Trust Emerging Markets AlphaDEX UCITS ETF (FEMU) 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 FEMU invest in?
First Trust Emerging Markets AlphaDEX UCITS ETF holds 157 securities. Its largest holdings are Kinsus Interconnect Technology Corp. (3.1%), Unimicron Technology Corporation (2.1%) and Nan Ya Printed Circuit Board Corporation (2.0%). Technology is its largest sector at 27.7%. The fund is domiciled in Ireland.
What is the expense ratio of FEMU?
First Trust Emerging Markets AlphaDEX UCITS ETF has an expense ratio of 0.8% a year, taken from the fund's assets rather than billed to you. The fund manages about $15.1M.
Is FEMU a UCITS ETF, and why does that matter for Indian investors?
Yes. First Trust Emerging Markets AlphaDEX 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 FEMU?
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.