NYSE Arca · ETF
Invest in LGOV ETF from India
Indian and foreign residents can buy First Trust Long Duration Opportunities ETF (LGOV) units directly through Paasa.
By Paasa · Updated
LGOV at a glance
- Price
- $19.69-$0.02 (0.10%)
- Expense ratio
- 0.49%
- Day range
- $19.56 – $19.77
- Assets
- $598.3M
- Domicile
- the US
- Holdings
- 175
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -6.06%
- 6 months
- -7.34%
- YTD
- -10.30%
- 1 year
- -9.72%
- 5 years
- -28.61%
Price change, excluding dividends.
Top 10 holdings
- 1US 5YR NOTE (CBT) Dec2628.5%
- 2US ULTRA BOND CBT Dec2614.5%
- 3US 10YR NOTE (CBT)Dec269.6%
- 4Fannie Mae or Freddie Mac TBA, 5.50%, due 04/01/20563.2%
- 5Fannie Mae Series 2012-134, Class ZC, 2.50%, due 12/25/20423.1%
- 6GNMA G2 MA7366, 2%, due 05/20/20513.0%
- 7Freddie Mac Series 5299, Class ZA, 3%, due 03/25/20522.7%
- 8GNMA TBA, 6.50%, due 01/01/20562.5%
- 9Freddie Mac FR SD7550, 3%, due 02/01/20522.1%
- 10U.S. Treasury Bond, 1.375%, due 08/15/20502.0%
LGOV holds 175 securities in total. These 10 are 71.2% of the fund.
Where the money is invested
Countries
- Other92.3%
- United States7.7%
How to invest in LGOV 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 LGOV and buy
Find the fund by its ticker, LGOV, 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 LGOV from India
What LGOV holds
The primary aim of the First Trust Long Duration Opportunities ETF (the "Fund") is to generate consistent income while prioritizing the protection of capital. Under typical market conditions, the Fund will commit a minimum of 80% of its net assets (including funds obtained through borrowing) to a portfolio of high-quality debt instruments.
Hold a dollar asset
LGOV 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 LGOV 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 LGOV from India?
Yes. Indian residents can buy First Trust Long Duration Opportunities ETF (LGOV) 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 LGOV invest in?
First Trust Long Duration Opportunities ETF holds 175 securities. Its largest holdings are US 5YR NOTE (CBT) Dec26 (28.5%), US ULTRA BOND CBT Dec26 (14.5%) and US 10YR NOTE (CBT)Dec26 (9.6%). It is a distributing fund domiciled in the US.
What is the expense ratio of LGOV?
First Trust Long Duration Opportunities ETF has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $598.3M.
How are LGOV dividends taxed in India?
First Trust Long Duration Opportunities 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 LGOV?
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 LGOV unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $19.69, and there is no minimum trade size.
What happens to my LGOV 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.