NASDAQ · ETF
Invest in FIXD ETF from India
Indian and foreign residents can buy First Trust Smith Opportunistic Fixed ETF (FIXD) units directly through Paasa.
By Paasa · Updated
FIXD at a glance
- Price
- $41.36-$0.04 (0.09%)
- Expense ratio
- 0.65%
- Day range
- $41.22 – $41.47
- Assets
- $3.0B
- Domicile
- the US
- Holdings
- 405
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- -3.52%
- 6 months
- -4.32%
- YTD
- -6.88%
- 1 year
- -6.95%
- 5 years
- -22.76%
Price change, excluding dividends.
Top 10 holdings
- 1U.S. Treasury Note, 4.375%, due 05/15/20365.3%
- 2U.S. Treasury Bond, 5.125%, due 08/15/20464.9%
- 3U.S. Treasury Bond, 5.125%, due 08/15/20564.2%
- 4U.S. Treasury Note, 4.625%, due 08/15/20363.6%
- 5U.S. Treasury Bond, 5%, due 05/15/20562.8%
- 6U.S. Treasury Note, 4.125%, due 10/31/20292.3%
- 7U.S. Treasury Bond, 5%, due 05/15/20461.7%
- 8US Dollar1.1%
- 9U.S. Treasury Note, 4.125%, due 08/31/20281.0%
- 10THE BOEING CO 7.008%, due 05/01/20640.9%
FIXD holds 405 securities in total. These 10 are 27.9% of the fund.
Where the money is invested
Sectors
- Utilities0.2%
- Financial Services0.1%
Countries
- United States72.8%
- Other22.6%
- Canada1.6%
- Switzerland0.7%
- Cayman Islands0.6%
- United Kingdom0.6%
How to invest in FIXD 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 FIXD and buy
Find the fund by its ticker, FIXD, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in FIXD from India
What FIXD holds
The First Trust Smith Opportunistic Fixed Income ETF (the Fund) has a core objective: to deliver the highest possible total return over the long term. Generally, and within standard market environments, the Fund's strategy involves allocating a significant portion—specifically, at least 80% of its net assets, which factors in any investment borrowings—to a range of fixed income instruments.
Hold a dollar asset
FIXD 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 FIXD 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 FIXD from India?
Yes. Indian residents can buy First Trust Smith Opportunistic Fixed ETF (FIXD) through Paasa. It is listed on NASDAQ 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 FIXD invest in?
First Trust Smith Opportunistic Fixed ETF holds 405 securities. Its largest holdings are U.S. Treasury Note, 4.375%, due 05/15/2036 (5.3%), U.S. Treasury Bond, 5.125%, due 08/15/2046 (4.9%) and U.S. Treasury Bond, 5.125%, due 08/15/2056 (4.2%). Utilities is its largest sector at 0.2%. It is a distributing fund domiciled in the US.
What is the expense ratio of FIXD?
First Trust Smith Opportunistic Fixed 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 $3.0B.
How are FIXD dividends taxed in India?
First Trust Smith Opportunistic 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 FIXD?
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 FIXD unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $41.36, and there is no minimum trade size.
What happens to my FIXD 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.