London Stock Exchange ETF segment · UCITS ETF
Invest in FTCS ETF from India
Indian and foreign residents can buy First Trust Capital Strength UCITS ETF Accum A (FTCS) units directly through Paasa.
By Paasa · Updated
FTCS at a glance
- Price
- $33.25+$0.29 (0.88%)
- Expense ratio
- 0.6%
- Day range
- $33.25 – $33.25
- Assets
- $7.5M
- Domicile
- Ireland
- Holdings
- 50
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- -5.89%
- 6 months
- +3.61%
- YTD
- +2.53%
- 1 year
- +2.91%
- 5 years
- +31.68%
Price change, excluding dividends.
Top 10 holdings
- 1Garmin Ltd.2.4%
- 2Merck & Co., Inc.2.4%
- 3Amgen Inc.2.3%
- 4Gilead Sciences, Inc.2.3%
- 5ResMed Inc.2.3%
- 6Vertex Pharmaceuticals Incorporated2.2%
- 7CME Group Inc.2.2%
- 8Airbnb, Inc. (Class A)2.2%
- 9Johnson & Johnson2.2%
- 10The Coca-Cola Company2.2%
FTCS holds 50 securities in total. These 10 are 22.6% of the fund.
Where the money is invested
Sectors
- Financial Services27.4%
- Industrials20.1%
- Consumer Defensive15.3%
- Healthcare15.1%
- Technology8.3%
- Consumer Cyclical7.8%
Countries
- United States93.7%
- Switzerland4.4%
- United Kingdom1.9%
- Other0.1%
How to invest in FTCS 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 FTCS and buy
Find the fund by its ticker, FTCS, on the London Stock Exchange ETF segment, and place your order.
Why invest in FTCS from India
What FTCS holds
The Fund seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called The Capital Strength IndexSM (the Index).
Outside US estate tax
FTCS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from FTCS' holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
FTCS 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.
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 FTCS' UCITS structure matters for Indian investors
FTCS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy FTCS from India?
Yes. Indian residents can buy First Trust Capital Strength UCITS ETF Accum A (FTCS) through Paasa. It is listed on the London Stock Exchange ETF segment 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 FTCS invest in?
First Trust Capital Strength UCITS ETF Accum A holds 50 securities. Its largest holdings are Garmin Ltd. (2.4%), Merck & Co., Inc. (2.4%) and Amgen Inc. (2.3%). Financial Services is its largest sector at 27.4%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of FTCS?
First Trust Capital Strength UCITS ETF Accum A has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about $7.5M.
Is FTCS a UCITS ETF, and why does that matter for Indian investors?
Yes. First Trust Capital Strength UCITS ETF Accum A 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. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Does FTCS pay dividends?
No. First Trust Capital Strength UCITS ETF Accum A is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell FTCS?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are 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.