UBS Core MSCI Europe UCITS ETF EUR dis
UBS Core MSCI Europe UCITS ETF dis (LSE: UB12) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £90.16 (about ₹11,451 a unit) as of 25 Sep 2026, 6:46 AM ET. It has an expense ratio of 0.06% and holds 415 securities. Indian residents can buy UB12 through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£90.16
Today's high
£90.42
52 week low
£79.18
52 week high
£94.56
UB12 opened at £90.42, closed previously at £89.71, and has traded between £79.18 and £94.56 over the past 52 weeks.
About
This exchange-traded fund (ETF) primarily aims to replicate the price and total return performance of the MSCI Europe Index, accounting for its expenses. To achieve this, it strategically allocates capital to the equities that constitute the index. The fund's internal holdings and their respective proportions are designed to mirror the weightings of the companies within the benchmark. Operating under a passive management strategy, the fund does not actively pick stocks but rather tracks its chosen index. Investors should be aware that the ETF's trading price on the stock exchange may diverge from its underlying net asset value (NAV).
Key statistics
Expense ratio
0.06%
Assets (AUM)
£2.4B
Holdings
415
NAV
£8,997.09
Avg. volume
—
1-year price change
+13.54%
5-year price change
+41.32%
Price change excludes dividends.
Top 10 holdings
UB12 holds 415 securities in total. These 10 are 21.6% of the fund.
Where the money is invested
Sectors
Countries
How to buy UB12 from India
Indian residents can buy UB12 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 UB12 and buy
Find the fund by its ticker, UB12, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in UB12 from India
Trading and taxes when buying UB12 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
- 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 UB12 price today?
UBS Core MSCI Europe UCITS ETF dis (UB12) last traded at £90.16 on the London Stock Exchange ETF segment, as of 25 Sep 2026, 6:46 AM ET. That is ₹11,451 a unit at the 24 Sep 2026 GBP/INR rate.
When does UB12 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 UB12, and what does it cost to hold?
UBS Core MSCI Europe UCITS ETF dis manages about £2.4B. Its expense ratio is 0.06% a year, deducted inside the fund. It launched in 2009.
Is UB12 a UCITS ETF?
Yes. UBS Core MSCI Europe UCITS ETF 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 UB12's largest holdings?
The top three are ASML HOLDING NV (4.8%), HSBC HOLDINGS PLC (2.5%) and ROCHE HLDG PC PRP (2.3%). UB12's 10 largest positions make up 21.6% of the fund.
Is UB12 subject to US estate tax?
No. Because UB12 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 UB12 accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on UB12 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 UB12 performed?
UB12's price is up 13.5% over the past year and up 41.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is UB12 different from a US-listed ETF?
UB12 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.