London Stock Exchange ETF segment · UCITS ETF
Invest in TFRN ETF from India
Indian and foreign residents can buy WisdomTree Floating Rate Treasury Bond UCITS ETF (TFRN) units directly through Paasa.
By Paasa · Updated
TFRN at a glance
- Price
- $61.68+$0.01 (0.02%)
- Expense ratio
- 0.15%
- Day range
- $61.63 – $62.44
- Assets
- $240.7M
- Domicile
- Ireland
- Holdings
- 5
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- +0.38%
- 6 months
- +1.96%
- YTD
- +2.84%
- 1 year
- +4.15%
- 5 years
- +20.93%
Price change, excluding dividends.
Top 9 holdings
- 1Us Treasury Frn 10/31/2027 (BV3PBK5)13.0%
- 2Us Treasury Frn 7/31/2027 (BTY0CX5)13.0%
- 3Us Treasury Frn 1/31/2028 (BWQLSD9)13.0%
- 4Us Treasury Frn 4/30/2028 (BTWP759)13.0%
- 5Us Treasury Frn 4/30/2027 (BN2RK98)13.0%
- 6Us Treasury Frn 1/31/2027 (BSPRXX5)13.0%
- 7Us Treasury Frn 10/31/2026 (BSZ7PJ5)13.0%
- 8Us Treasury Frn 7/31/2028 (BXW2BP6)8.8%
- 9CASH W-O0.2%
TFRN holds 5 securities in total. These 9 are 100.0% of the fund.
Where the money is invested
Countries
- United States99.8%
- Other0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| USFRAMEXWisdomTree Floating Rate Treasury Fund | 0.15% | 19.9B |
| USFRLSEWisdomTree USD Floating Rate Treasury Bond UCITS ETF - USD | 0.15% | 240.7M |
Assets are shown in each fund's own reporting currency.
How to invest in TFRN 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 TFRN and buy
Find the fund by its ticker, TFRN, on the London Stock Exchange ETF segment, and place your order.
Why invest in TFRN from India
What TFRN holds
The WisdomTree USD Floating Rate Treasury Bond UCITS Exchange Traded Fund (ETF) aims to replicate the investment results, encompassing both capital appreciation and income generation, of the Bloomberg Barclays U.S. Treasury Floating Rate Bond Index. This target is considered before any management fees or operational expenses are deducted.
Outside US estate tax
TFRN 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 TFRN'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
TFRN 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 TFRN's UCITS structure matters for Indian investors
TFRN is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy TFRN from India?
Yes. Indian residents can buy WisdomTree Floating Rate Treasury Bond UCITS ETF (TFRN) 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 TFRN invest in?
WisdomTree Floating Rate Treasury Bond UCITS ETF holds 5 securities. Its largest holdings are Us Treasury Frn 10/31/2027 (BV3PBK5) (13.0%), Us Treasury Frn 7/31/2027 (BTY0CX5) (13.0%) and Us Treasury Frn 1/31/2028 (BWQLSD9) (13.0%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of TFRN?
WisdomTree Floating Rate Treasury Bond UCITS 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 $240.7M.
Is TFRN a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Floating Rate Treasury Bond 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.
Does TFRN pay dividends?
No. WisdomTree Floating Rate Treasury Bond 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 TFRN?
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.