Invesco US Treasury Bond 0-1 Year UCITS ETF
Invesco US Treasury Bond 0-1 Year UCITS ETF (LSE: T1AP) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £37.04 (about ₹4,716 a unit) as of 1 Oct 2026, 3:37 AM ET. It has an expense ratio of 0.06%. Indian residents can buy T1AP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£36.96
Today's high
£37.04
52 week low
£0.35
52 week high
£37.04
T1AP opened at £36.96, closed previously at £36.83, and has traded between £0.35 and £37.04 over the past 52 weeks.
About
This fund endeavors to replicate the total return of the Bloomberg US Treasury Coupons Index, net of all associated fees. The benchmark index focuses on U.S. government debt securities: specifically, fixed-rate, U.S. dollar-denominated nominal bonds issued by the U.S. Treasury, with maturities between one month and twelve months. Crucially, it excludes Treasury bills, inflation-linked bonds, floating-rate instruments, and STRIP bonds (where principal and interest payments are sold separately). The index undergoes monthly rebalancing. To meet its goal, the fund's managers utilize sophisticated portfolio modeling to purchase and hold a representative portion of the index's securities. This strategic "sampling" method aims to mirror the index's performance as closely as feasible while minimizing the operational expenses associated with full replication. As a passively managed product, an investment in this ETF represents ownership of units within an index-tracking fund, rather than direct possession of the underlying government bonds.
Key statistics
Expense ratio
0.06%
Assets (AUM)
£451.5M
Holdings
—
NAV
£3,702.73
Avg. volume
—
1-year price change
+5.66%
5-year price change
+21.68%
Price change excludes dividends.
Top 10 holdings
These 10 are 30.3% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy T1AP from India
Indian residents can buy T1AP 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 T1AP and buy
Find the fund by its ticker, T1AP, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in T1AP from India
Trading and taxes when buying T1AP 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.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the T1AP price today?
Invesco US Treasury Bond 0-1 Year UCITS ETF (T1AP) last traded at £37.04 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 3:37 AM ET. That is ₹4,716 a unit at the 1 Oct 2026 GBP/INR rate.
When does T1AP 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 T1AP, and what does it cost to hold?
Invesco US Treasury Bond 0-1 Year UCITS ETF manages about £451.5M. Its expense ratio is 0.06% a year, deducted inside the fund. It launched in 2020.
Is T1AP a UCITS ETF?
Yes. Invesco US Treasury Bond 0-1 Year UCITS ETF is a UCITS fund domiciled in Ireland, 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 T1AP's largest holdings?
The top three are US TSY N/B 1.5% 31/01/27 (3.3%), US TSY N/B 4.25% 31/12/26 (3.1%) and US TSY N/B 3.875% 31/03/27 (3.1%). T1AP's 10 largest positions make up 30.3% of the fund.
Is T1AP subject to US estate tax?
No. Because T1AP is domiciled in Ireland 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.
How are gains on T1AP 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 T1AP performed?
T1AP's price is up 5.7% over the past year and up 21.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is T1AP different from a US-listed ETF?
T1AP is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.