First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY) is currently trading at $25.53. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

Indian investors can buy First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

Yes, Indian residents and NRIs can invest in First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

The expense ratio of First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY) is 0.64%. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY)’s top holdings currently include TRIBOROUGH BRDG & TUNL AUTH NY REVS 5%, NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4%, and NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY HSG REV 1.35%. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY) instead of a full share. This allows investment based on a fixed dollar amount.

Gains from First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY)’s current assets under management (AUM) are $24.12M. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

You can compare First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY) with iShares New York Muni Bond ETF (NYF), Putnam ETF Trust - Putnam Franklin New York Municipal Income ETF (FTNY), and Invesco New York AMT-Free Municipal Bond ETF (PZT) based on metrics such as expense ratio, AUM, P/E ratio, holdings, liquidity and historical returns in the Peers & Comparison section.

First Trust Exchange-Traded Fund III - First Trust New York Municipal High Income ETF (FMNY)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.