UBS Sustainable Development Bank Bonds UCITS ETF hGBP dis
UBS Sustainable Development Bank Bonds UCITS ETF hGBP dis (LSE: MDBG) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £9.99 (about ₹1,273 a unit) as of 29 Sep 2026, 7:14 AM ET. It has an expense ratio of 0.18% and holds 101 securities. Indian residents can buy MDBG through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£9.99
Today's high
£10.01
52 week low
£9.99
52 week high
£10.70
MDBG opened at £10.01, closed previously at £9.99, and has traded between £9.99 and £10.70 over the past 52 weeks.
About
This fund's primary objective is to replicate the price fluctuations and total returns of the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped hedged to GBP Index. Its holdings predominantly consist of the debt securities found within this benchmark. The proportional allocation of each security within the fund directly corresponds to its weighting in the index. This investment vehicle is operated with a passive management approach.
Key statistics
Expense ratio
0.18%
Assets (AUM)
£1.4B
Holdings
101
NAV
£1,002.22
Avg. volume
—
1-year price change
-4.02%
5-year price change
-11.78%
Price change excludes dividends.
Top 10 holdings
MDBG holds 101 securities in total. These 10 are 24.2% of the fund.
Where the money is invested
Countries
How to buy MDBG from India
Indian residents can buy MDBG units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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.
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, and Interactive Brokers converts the dollars to GBP when you buy.
Search MDBG and buy
Find the fund by its ticker, MDBG, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in MDBG from India
Trading and taxes when buying MDBG from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the MDBG price today?
UBS Sustainable Development Bank Bonds UCITS ETF hGBP dis (MDBG) last traded at £9.99 on the London Stock Exchange ETF segment, as of 29 Sep 2026, 7:14 AM ET. That is ₹1,273 a unit at the 28 Sep 2026 GBP/INR rate.
When does MDBG trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is MDBG, and what does it cost to hold?
UBS Sustainable Development Bank Bonds UCITS ETF hGBP dis manages about £1.4B. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2020.
Is MDBG a UCITS ETF?
Yes. UBS Sustainable Development Bank Bonds UCITS ETF hGBP dis is a UCITS fund domiciled in Luxembourg, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in GBP.
What are MDBG's largest holdings?
The top three are EBRD 4 1/8 01/25/29 (3.6%), EBRD 4 3/8 03/09/28 (3.5%) and IADB 4 1/2 02/15/30 (2.3%). MDBG's 10 largest positions make up 24.2% of the fund.
Is MDBG subject to US estate tax?
No. Because MDBG is domiciled in Luxembourg rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is MDBG accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on MDBG taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has MDBG performed?
MDBG's price is down 4.0% over the past year and down 11.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MDBG different from a US-listed ETF?
MDBG is domiciled in Luxembourg rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.