NYSE Arca · ETF
Invest in FLUD ETF from India
Indian and foreign residents can buy Franklin Ultra Short Bond ETF (FLUD) units directly through Paasa.
By Paasa · Updated
FLUD at a glance
- Price
- $24.94-$0.01 (0.04%)
- Expense ratio
- 0.15%
- Day range
- $24.92 – $24.96
- Assets
- $594.7M
- Domicile
- the US
- Holdings
- 32
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- -0.28%
- 6 months
- -0.04%
- YTD
- -0.20%
- 1 year
- -0.60%
- 5 years
- +0.20%
Price change, excluding dividends.
Top 10 holdings
- 1CASH5.2%
- 2US TREASURY N/B 3.75 4/281.2%
- 3US TREASURY N/ 3.375 2/281.0%
- 4O REILLY AUTOMOT 1026ORLY0.7%
- 5JPMORGAN CHASE FRN 4/30JPM0.6%
- 6BANK NOVA SCOTIA FRN 9/280.6%
- 7NATWEST GROUP 5.583 3/28RBSPF0.6%
- 8CAIXABANK 6.208 1/290.6%
- 9ABN AMRO BANK 4.988 12/28AAVMY0.5%
- 10NISOURCE INC DIS 1026NICP0.5%
FLUD holds 32 securities in total. These 10 are 11.6% of the fund.
Where the money is invested
Sectors
- Financial Services13.0%
- Industrials2.1%
- Healthcare1.3%
- Basic Materials1.2%
- Communication Services1.1%
- Consumer Cyclical0.9%
Countries
- United States48.1%
- Other17.7%
- Canada7.1%
- United Kingdom5.7%
- France5.5%
- Japan4.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JPSTAMEXJPMorgan Ultra-Short Income ETF | 0.18% | 41.8B |
| SCUSAMEXSchwab Ultra-Short Income ETF | 0.14% | 260.9M |
Assets are shown in each fund's own reporting currency.
How to invest in FLUD 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 FLUD and buy
Find the fund by its ticker, FLUD, 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 FLUD from India
What FLUD holds
The Franklin Ultra Short Bond ETF (FLUD) aims to generate a substantial stream of current income while carefully protecting investors' initial capital. It accomplishes this by primarily investing in a variety of fixed-income securities and other instruments that provide bond market exposure.
Hold a dollar asset
FLUD 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 FLUD 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 FLUD from India?
Yes. Indian residents can buy Franklin Ultra Short Bond ETF (FLUD) 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 FLUD invest in?
Franklin Ultra Short Bond ETF holds 32 securities. Its largest holdings are CASH (5.2%), US TREASURY N/B 3.75 4/28 (1.2%) and US TREASURY N/ 3.375 2/28 (1.0%). Financial Services is its largest sector at 13.0%. It is a distributing fund domiciled in the US.
What is the expense ratio of FLUD?
Franklin Ultra Short Bond ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $594.7M.
How are FLUD dividends taxed in India?
Franklin Ultra Short Bond 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 FLUD?
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 FLUD unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $24.94, and there is no minimum trade size.
What happens to my FLUD 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.