London Stock Exchange ETF segment · UCITS ETF
Invest in FUSR ETF from India
Indian and foreign residents can buy Fidelity US Equity Research Enhanced UCITS ETF (FUSR) units directly through Paasa.
By Paasa · Updated
FUSR at a glance
- Price
- $14.03+$0.10 (0.69%)
- Expense ratio
- 0.2%
- Day range
- $13.98 – $14.04
- Assets
- $1.9B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- +0.76%
- 6 months
- +19.57%
- YTD
- +12.39%
- 1 year
- +17.57%
- 5 years
- +84.19%
Price change, excluding dividends.
Top 10 holdings
- 1APPLEAAPL8.2%
- 2NVIDIANVDA8.2%
- 3MICROSOFTMSFT6.2%
- 4AMAZON.COMAMZN4.2%
- 5ALPHABET AGOOGL3.4%
- 6META PLATFORMS AMETA3.2%
- 7BROADCOMAVGO2.9%
- 8ALPHABET CGOOG2.8%
- 9MICRON TECHNOLOGYMU2.1%
- 10JPMORGAN CHASEJPM1.9%
These 10 are 43.1% of the fund.
Where the money is invested
Sectors
- Technology39.6%
- Financial Services12.9%
- Communication Services10.4%
- Healthcare10.0%
- Consumer Cyclical9.6%
- Industrials6.8%
Countries
- United States98.1%
- Ireland0.7%
- United Kingdom0.7%
- Switzerland0.3%
- Canada0.2%
- Bermuda0.0%
How to invest in FUSR 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 FUSR and buy
Find the fund by its ticker, FUSR, on the London Stock Exchange ETF segment, and place your order.
Why invest in FUSR from India
What FUSR holds
The fund's investment strategy focuses on generating long-term capital appreciation. It achieves this by primarily holding equity securities of companies based in the United States.
Outside US estate tax
FUSR 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 FUSR's 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
FUSR 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 FUSR's UCITS structure matters for Indian investors
FUSR 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 FUSR from India?
Yes. Indian residents can buy Fidelity US Equity Research Enhanced UCITS ETF (FUSR) 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 FUSR invest in?
Its largest holdings are APPLE (8.2%), NVIDIA (8.2%) and MICROSOFT (6.2%). Technology is its largest sector at 39.6%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of FUSR?
Fidelity US Equity Research Enhanced UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.9B.
Is FUSR a UCITS ETF, and why does that matter for Indian investors?
Yes. Fidelity US Equity Research Enhanced 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. 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 FUSR pay dividends?
No. Fidelity US Equity Research Enhanced UCITS ETF 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 FUSR?
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.