The Royal Mint Responsibly Sourced Physical Gold ETC
The Royal Mint Responsibly Sourced Physical Gold ETC (LSE: RMAP) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £31.02 (about ₹3,949 a unit) as of 1 Oct 2026, 11:35 AM ET. It has an expense ratio of 0.25%. Indian residents can buy RMAP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£30.90
Today's high
£31.21
52 week low
£27.16
52 week high
£40.50
RMAP opened at £31.06, closed previously at £30.83, and has traded between £27.16 and £40.50 over the past 52 weeks.
About
This Exchange Traded Commodity (ETC), RMAU, is designed to mirror the live spot price of physical gold, providing investors with an accessible pathway into the gold market. It holds the distinction of being the first financial product endorsed by The Royal Mint and is also fully compliant with Shariah principles. A unique benefit for individual investors is the ability to redeem their holdings for tangible gold bars and coins, which are securely stored in The Royal Mint's vault in Llantrisant, Wales. All gold held in custody consists exclusively of London Bullion Market Association (LBMA) Good Delivery bars produced after 2019, with roughly half of this metal sourced from 100% recycled materials. Furthermore, following the Russian invasion of Ukraine, all gold bars originating from Russia were promptly removed from the Physical Gold ETC.
Key statistics
Expense ratio
0.25%
Assets (AUM)
£1.2B
Holdings
—
NAV
£3,104.00
Avg. volume
—
1-year price change
+9.73%
5-year price change
+139.82%
Price change excludes dividends.
Top holding
These 1 are 100.0% of the fund.
How to buy RMAP from India
Indian residents can buy RMAP 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 RMAP and buy
Find the fund by its ticker, RMAP, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in RMAP from India
Trading and taxes when buying RMAP 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 RMAP price today?
The Royal Mint Responsibly Sourced Physical Gold ETC (RMAP) last traded at £31.02 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 11:35 AM ET. That is ₹3,949 a unit at the 30 Sep 2026 GBP/INR rate.
When does RMAP 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 RMAP, and what does it cost to hold?
The Royal Mint Responsibly Sourced Physical Gold ETC manages about £1.2B. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2020.
What are RMAP's largest holdings?
Its largest holding is Physical Gold (100.0%).
How are gains on RMAP 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 RMAP performed?
RMAP's price is up 9.7% over the past year and up 139.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.