NASDAQ · ETF
Invest in FTGC ETF from India
Indian and foreign residents can buy First Trust Global Tactical Commodity Strategy Fund (FTGC) units directly through Paasa.
By Paasa · Updated
FTGC at a glance
- Price
- $30.70-$0.31 (0.98%)
- Expense ratio
- 0.98%
- Day range
- $30.53 – $30.89
- Assets
- $3.4B
- Domicile
- the US
- Holdings
- 40
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- +0.05%
- 6 months
- +8.00%
- YTD
- +30.51%
- 1 year
- +17.56%
- 5 years
- +26.79%
Price change, excluding dividends.
Top 10 holdings
- 1US Dollar39.2%
- 2GASOLINE RBOB FUT Nov265.4%
- 3GOLD 100 OZ FUTR Dec264.1%
- 4BRENT CRUDE FUTR Dec264.0%
- 5LME ZINC FUTURE Dec263.6%
- 6COPPER FUTURE Dec263.3%
- 7NY Harb ULSD Fut Nov263.2%
- 8Low Su Gasoil G Nov263.1%
- 9SOYBEAN FUTURE Nov263.1%
- 10COFFEE 'C' FUTURE Dec262.8%
FTGC holds 40 securities in total. These 10 are 71.8% of the fund.
How to invest in FTGC 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 FTGC and buy
Find the fund by its ticker, FTGC, 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 FTGC from India
What FTGC holds
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve attractive risk adjusted returns by investing in commodity futures contracts, exchange-traded commodity linked instruments, and commodity linked total return swaps (collectively, "Commodities Instruments") through a wholly-owned subsidiary of the fund organized under the laws of the Cayman Islands (the "Subsidiary"). The advisor expects to gain exposure to these investments exclusively by investing in the Subsidiary.
Hold a dollar asset
FTGC 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 FTGC 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 FTGC from India?
Yes. Indian residents can buy First Trust Global Tactical Commodity Strategy Fund (FTGC) 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 FTGC invest in?
First Trust Global Tactical Commodity Strategy Fund holds 40 securities. Its largest holdings are US Dollar (39.2%), GASOLINE RBOB FUT Nov26 (5.4%) and GOLD 100 OZ FUTR Dec26 (4.1%). It is a distributing fund domiciled in the US.
What is the expense ratio of FTGC?
First Trust Global Tactical Commodity Strategy Fund has an expense ratio of 0.98% a year, taken from the fund's assets rather than billed to you. The fund manages about $3.4B.
How are FTGC dividends taxed in India?
First Trust Global Tactical Commodity Strategy Fund is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. 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 FTGC?
The US does not levy capital gains tax on shares for Indian residents. 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.
Can I buy a fraction of one FTGC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $30.70, and there is no minimum trade size.
What happens to my FTGC 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.