UBS CMCI Composite SF UCITS ETF hGBP acc
UBS CMCI Composite SF UCITS ETF hGBP (LSE: UC90) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £191.96 (about ₹24,439 a unit) as of 1 Oct 2026, 5:29 AM ET. It has an expense ratio of 0.34%. Indian residents can buy UC90 through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£191.01
Today's high
£191.96
52 week low
£1.45
52 week high
£197.94
UC90 opened at £191.01, closed previously at £193.79, and has traded between £1.45 and £197.94 over the past 52 weeks.
About
The fund's primary goal is to mirror the total return performance of the UBS CMCI Composite Index. It's important to note that the fund's market price on the exchange could deviate from its underlying net asset value (NAV). Index tracking is achieved through synthetic replication, relying on investments in swap agreements rather than direct asset holdings. To mitigate risks associated with swap counterparties, the fund aims to maintain a 105% over-collateralization level for this exposure. This investment vehicle operates under a passive management strategy.
Key statistics
Expense ratio
0.34%
Assets (AUM)
£1.9B
Holdings
—
NAV
£19,265.64
Avg. volume
—
1-year price change
+35.01%
5-year price change
+72.84%
Price change excludes dividends.
Where the money is invested
Sectors
How to buy UC90 from India
Indian residents can buy UC90 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 UC90 and buy
Find the fund by its ticker, UC90, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in UC90 from India
Trading and taxes when buying UC90 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
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the UC90 price today?
UBS CMCI Composite SF UCITS ETF hGBP (UC90) last traded at £191.96 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 5:29 AM ET. That is ₹24,439 a unit at the 1 Oct 2026 GBP/INR rate.
When does UC90 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 UC90, and what does it cost to hold?
UBS CMCI Composite SF UCITS ETF hGBP manages about £1.9B. Its expense ratio is 0.34% a year, deducted inside the fund. It launched in 2015.
Is UC90 a UCITS ETF?
Yes. UBS CMCI Composite SF UCITS ETF hGBP 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.
Is UC90 subject to US estate tax?
No. Because UC90 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.
Is UC90 accumulating or distributing?
Accumulating. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
How are US dividends taxed inside UC90?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on UC90 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 UC90 performed?
UC90's price is up 35.0% over the past year and up 72.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is UC90 different from a US-listed ETF?
UC90 is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.