NYSE Arca · ETF
Invest in FISR ETF from India
Indian and foreign residents can buy State Street Fixed Sector Rotation ETF (FISR) units directly through Paasa.
By Paasa · Updated
FISR at a glance
- Price
- $24.48-$0.02 (0.08%)
- Expense ratio
- 0.5%
- Day range
- $24.41 – $24.50
- Assets
- $603.4M
- Domicile
- the US
- Holdings
- 10,150
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -3.05%
- 6 months
- -3.89%
- YTD
- -5.66%
- 1 year
- -6.10%
- 5 years
- -21.29%
Price change, excluding dividends.
Top 10 holdings
- 1STATE STREET SPDR PORTFOLIO CO25.6%
- 2STATE STREET SPDR PORTFOLIO IN20.8%
- 3STATE STREET SPDR PORTFOLIO SH15.7%
- 4STATE STREET SPDR PORTFOLIO MO14.7%
- 5STATE STREET SPDR PORTFOLIO LO11.6%
- 6STATE STREET SPDR PORTFOLIO HI6.5%
- 7STATE STREET SPDR BLOOMBERG EM2.4%
- 8US 10YR NOTE (CBT)DEC261.8%
- 9STATE STREET SPDR S+P LEVERAGE1.0%
- 10SSI US GOV MONEY MARKET CLASS0.6%
FISR holds 10,150 securities in total. These 10 are 100.7% of the fund.
Where the money is invested
Sectors
- Industrials99.8%
- Energy0.2%
Countries
- United States99.4%
- Other0.6%
How to invest in FISR 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 FISR and buy
Find the fund by its ticker, FISR, 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 FISR from India
What FISR holds
The State Street Fixed Income Sector Rotation ETF endeavors to deliver superior returns by employing an active investment strategy. It dynamically allocates capital among various income and yield-producing exchange-traded funds (ETFs), guided by a proprietary analytical framework that combines data-driven quantitative methods with expert qualitative assessments.
Hold a dollar asset
FISR 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 FISR 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 FISR from India?
Yes. Indian residents can buy State Street Fixed Sector Rotation ETF (FISR) 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 FISR invest in?
State Street Fixed Sector Rotation ETF holds 10,150 securities. Its largest holdings are STATE STREET SPDR PORTFOLIO CO (25.6%), STATE STREET SPDR PORTFOLIO IN (20.8%) and STATE STREET SPDR PORTFOLIO SH (15.7%). Energy is its largest sector at 0.2%. It is a distributing fund domiciled in the US.
What is the expense ratio of FISR?
State Street Fixed Sector Rotation ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $603.4M.
How are FISR dividends taxed in India?
State Street Fixed Sector Rotation 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 FISR?
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 FISR unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.48, and there is no minimum trade size.
What happens to my FISR 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.