NYSE Arca · ETF
Invest in FFIU ETF from India
Indian and foreign residents can buy UVA Unconstrained Medium-Term Fixed ETF (FFIU) units directly through Paasa.
By Paasa · Updated
FFIU at a glance
- Price
- $20.90+$0.00 (0.00%)
- Expense ratio
- 0.82%
- Day range
- $20.90 – $20.90
- Assets
- $49.5M
- Domicile
- the US
- Holdings
- 128
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- +1.94%
- 6 months
- -4.71%
- YTD
- -6.67%
- 1 year
- -7.33%
- 5 years
- -20.69%
Price change, excluding dividends.
Top 10 holdings
- 1FR SD2700 Mtge2.7%
- 2FR RQ0136 Mtge 7-1-20561.9%
- 3FN MA51651.9%
- 4FR RQ0075 Mtge 12-1-20551.9%
- 5T 4 11/15/421.8%
- 6US TREASURY N/B 2.25 2/521.8%
- 7EBAY INC 4 7/421.7%
- 8FR RJ1927 Mtge 7-1-20541.7%
- 9FN MA5822 Mtge 9-1-20551.7%
- 10FN DC4424 Mtge 10-1-20541.6%
FFIU holds 128 securities in total. These 10 are 18.6% of the fund.
Where the money is invested
Countries
- United States98.0%
- Other2.0%
How to invest in FFIU 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 FFIU and buy
Find the fund by its ticker, FFIU, 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 FFIU from India
What FFIU holds
The UVA Unconstrained Medium-Term Fixed Income ETF's primary goal is to generate current income. It achieves this by predominantly investing in a diverse array of fixed-income instruments.
Hold a dollar asset
FFIU 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 FFIU 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 FFIU from India?
Yes. Indian residents can buy UVA Unconstrained Medium-Term Fixed ETF (FFIU) 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 FFIU invest in?
UVA Unconstrained Medium-Term Fixed ETF holds 128 securities. Its largest holdings are FR SD2700 Mtge (2.7%), FR RQ0136 Mtge 7-1-2056 (1.9%) and FN MA5165 (1.9%). It is a distributing fund domiciled in the US.
What is the expense ratio of FFIU?
UVA Unconstrained Medium-Term Fixed ETF has an expense ratio of 0.82% a year, taken from the fund's assets rather than billed to you. The fund manages about $49.5M.
How are FFIU dividends taxed in India?
UVA Unconstrained Medium-Term Fixed ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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 FFIU?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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 FFIU unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $20.90, and there is no minimum trade size.
What happens to my FFIU 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.