PhenixFIN Corporation
PhenixFIN Corporation (NASDAQ: PFX) is trading at $45.59, about ₹4,373 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 2.71% today. Indian residents can buy PhenixFIN from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$44.63
Today's high
$46.54
52 week low
$38.30
52 week high
$56.48
PFX opened at $45.28, closed previously at $46.86, and has traded between $38.30 and $56.48 over the past 52 weeks.
About
PhenixFIN Corporation functions as a Business Development Company (BDC), concentrating its investment efforts on privately arranged debt and equity instruments issued by small and mid-sized businesses. The firm's primary geographical focus is North America. It targets private debt investments in companies with enterprise or asset values ranging from $25 million to $250 million, with individual debt investment sizes typically falling between $10 million and $50 million. Its investment structures encompass first lien senior secured loans, second lien senior secured loans, senior secured notes, senior subordinated notes, subordinate notes, and unitranche loans. Additionally, PhenixFIN often seeks warrants or other forms of equity participation for potential upside. Under specific conditions, the company may also co-invest in privately negotiated transactions. While PhenixFIN typically holds investments for three to seven years, often until maturity or repayment, it retains the flexibility to divest earlier. Beyond providing capital, the firm may actively engage with its portfolio companies by securing board representation and offering managerial assistance. PhenixFIN invests across a wide array of sectors, including: Business services Buildings and real estate Automotive Oil and gas Aerospace and defense Home and office furnishings, housewares, and durable consumer products Healthcare, education, and childcare Personal, food, and miscellaneous services Retail stores Diversified or conglomerate manufacturing Telecommunications Mining, steel, iron, and non-precious metals Leisure, amusement, motion pictures, and entertainment Chemicals, plastics, and rubber Finance Personal and nondurable consumer products (manufacturing only) Beverage, food, and tobacco Containers, packaging, and glass Structured finance securities Machinery (excluding agriculture, construction, and electrical types) Diversified or conglomerate services Restaurant and franchise operations Electronics Cargo transport PhenixFIN Corporation was founded in 2010 and maintains its headquarters in New York, New York.
Key statistics
Avg. volume
8.26K
Market cap
$88.11M
P/E Ratio
18.84
Price-to-sales ratio
3.22
Enterprise value
-$1.94B
Free cash flow yield
-48.71%
Debt-to-equity ratio
0.00
Return on equity
0.01%
ROIC
0.27%
Beta
0.28
Dividend yield
0.16%
Last dividend
$0.07
Financial overview
Revenue
$24.07M
Earnings per share
$2.06
Free cash flow
-$167.68M
Net profit margin
17.07%
Gross margin
89.72%
EBITDA
$3.95M
Revenue growth
-31.59%
Similar securities
This is not an investment recommendation
How to buy PhenixFIN from India
Indian residents can buy PhenixFIN shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for PhenixFIN and place an order
Find PhenixFIN by name or by its ticker, PFX, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. PhenixFIN trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your PhenixFIN position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in PhenixFIN from India
Trading and taxes when buying PhenixFIN from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. PhenixFIN’s current yield is 0.16%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy PhenixFIN stock?
Yes. PhenixFIN (PFX) has been listed on NASDAQ since 2011, in the Asset Management industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one PhenixFIN share cost in rupees?
One PhenixFIN share is $45.59 — about ₹4,373 at a USD/INR rate of 95.92 on 25 Sep 2026. Both the PhenixFIN price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying PhenixFIN from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of PhenixFIN?
Yes. One PhenixFIN share is $45.59, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in PhenixFIN.
How are gains on PhenixFIN shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the PhenixFIN price. Paasa issues a capital-gains statement for your return.
Does PhenixFIN pay a dividend, and how is it taxed in India?
Yes. PhenixFIN pays a dividend and the current yield is 0.16%; the last declared dividend was $0.07 per share, about ₹7.03. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade PhenixFIN from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on PhenixFIN shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare PhenixFIN shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your PhenixFIN holding, its cost and its closing value.
How do I sell PhenixFIN and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.