London Stock Exchange ETF segment · UCITS ETF
Invest in FLRG ETF from India
Indian and foreign residents can buy Franklin Sustainable Euro Green Bond UCITS ETF (FLRG) units directly through Paasa.
By Paasa · Updated
FLRG at a glance
- Price
- €23.34-€0.08 (0.35%)
- Expense ratio
- 0.25%
- Day range
- €23.34 – €23.62
- Assets
- €179.8M
- Domicile
- Ireland
- Holdings
- 116
- Launched
- 2019
- Dividends
- —
- 1 month
- -2.23%
- 6 months
- -1.20%
- YTD
- -2.15%
- 1 year
- -2.07%
- 5 years
- -12.40%
Price change, excluding dividends.
Top 10 holdings
- 1BUNDES 1.8% 15/08/537.3%
- 2FRK SUST EU GR SOV ETFGSOV4.4%
- 3BUNDES 2.5% 15/02/354.3%
- 4SPAIN 1% 30/07/423.9%
- 5REGION 3.75% 22/04/393.4%
- 6NETHER 0.5% 15/01/402.7%
- 7UK TS 4.625% 07/03/372.4%
- 8ROMAN 5.625% 22/02/362.2%
- 9FRANCE 1.75% 25/06/392.0%
- 10IRELAN 1.35% 18/03/312.0%
FLRG holds 116 securities in total. These 10 are 34.7% of the fund.
Where the money is invested
Sectors
- Corporate37.5%
- Government34.0%
Countries
- Germany21.1%
- Netherlands11.5%
- France11.3%
- Spain8.9%
- Belgium8.6%
- Ireland8.1%
How to invest in FLRG 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, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search FLRG and buy
Find the fund by its ticker, FLRG, on the London Stock Exchange ETF segment, and place your order.
Why invest in FLRG from India
What FLRG holds
This fund's primary objective is to offer investors access to the European market for green bonds, while simultaneously striving to achieve optimal total returns. A minimum of 75% of its assets are strategically deployed into corporate and government green bonds – debt instruments specifically dedicated to funding environmental projects.
Outside US estate tax
FLRG is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 FLRG's UCITS structure matters for Indian investors
FLRG is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy FLRG from India?
Yes. Indian residents can buy Franklin Sustainable Euro Green Bond UCITS ETF (FLRG) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in EUR. 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 FLRG invest in?
Franklin Sustainable Euro Green Bond UCITS ETF holds 116 securities. Its largest holdings are BUNDES 1.8% 15/08/53 (7.3%), FRK SUST EU GR SOV ETF (4.4%) and BUNDES 2.5% 15/02/35 (4.3%). Corporate is its largest sector at 37.5%. The fund is domiciled in Ireland.
What is the expense ratio of FLRG?
Franklin Sustainable Euro Green Bond UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €179.8M.
Is FLRG a UCITS ETF, and why does that matter for Indian investors?
Yes. Franklin Sustainable Euro Green Bond 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.
What tax do I pay in India when I sell FLRG?
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 EUR/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.