WisdomTree Metal Securities Ltd.
WisdomTree Metal Securities Ltd. (LSE: PHPP) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £195.00 (about ₹24,828 a unit) as of 1 Oct 2026, 11:21 AM ET. It has an expense ratio of 0.44% and holds 4 securities. Indian residents can buy PHPP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£194.30
Today's high
£197.70
52 week low
£170.50
52 week high
£291.80
PHPP opened at £195.25, closed previously at £193.80, and has traded between £170.50 and £291.80 over the past 52 weeks.
About
This UCITS-compliant Exchange Traded Commodity (ETC) offers investors a direct, economical, and secure method to gain exposure to physical precious metals. Its performance closely mirrors the spot price movements of these metals, offset by applicable management fees. The ETC's value is entirely supported by tangible, allocated precious metals, held in safekeeping by HSBC Bank plc, the designated custodian. The custodian exclusively accepts metals that meet the stringent "Good Delivery" criteria established by both the London Bullion Market Association (LBMA) and the London Platinum and Palladium Association (LPPM). Every physical bar is kept separate, uniquely cataloged, and specifically earmarked. Thus, a 1% increase in the underlying physical precious metals' value over a day would lead to a corresponding 1% appreciation in the ETC, prior to fees. Conversely, a 1% decline in the metals' value would result in a 1% depreciation of the ETC, before any charges.
Key statistics
Expense ratio
0.44%
Assets (AUM)
£253.9M
Holdings
4
NAV
£19,566.00
Avg. volume
—
1-year price change
+12.91%
5-year price change
+93.69%
Price change excludes dividends.
Top holding
PHPP holds 4 securities in total. These 1 are 100.0% of the fund.
How to buy PHPP from India
Indian residents can buy PHPP 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 PHPP and buy
Find the fund by its ticker, PHPP, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in PHPP from India
Trading and taxes when buying PHPP 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
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the PHPP price today?
WisdomTree Metal Securities Ltd. (PHPP) last traded at £195.00 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 11:21 AM ET. That is ₹24,828 a unit at the 30 Sep 2026 GBP/INR rate.
When does PHPP 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 PHPP, and what does it cost to hold?
WisdomTree Metal Securities Ltd. manages about £253.9M. Its expense ratio is 0.44% a year, deducted inside the fund. It launched in 2007.
What are PHPP's largest holdings?
Its largest holding is Precious Metals (100.0%).
How are gains on PHPP taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has PHPP performed?
PHPP's price is up 12.9% over the past year and up 93.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.