UBS Factor MSCI USA Prime Value Screened UCITS ETF hGBP dis
UBS Factor MSCI USA Prime Value Screened UCITS ETF hGBP dis (LSE: UPVL) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £19.35 (about ₹2,464 a unit) as of 1 Oct 2026, 9:38 AM ET. It has an expense ratio of 0.28% and holds 125 securities. Indian residents can buy UPVL through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£19.16
Today's high
£19.35
52 week low
£0.18
52 week high
£20.38
UPVL opened at £19.18, closed previously at £19.34, and has traded between £0.18 and £20.38 over the past 52 weeks.
About
This exchange-traded fund primarily allocates its capital to a portfolio of substantial and medium-sized American companies, mirroring the composition and weightings of the MSCI USA Prime Value Advanced Target Select 100% Hedged to GBP Index. Its core aim is to replicate, net of fees, the price performance and total returns of this specific index. While traded on exchanges, its market price may diverge from its net asset value. A key feature is the currency hedge, designed to mitigate potential gains or losses stemming from foreign exchange rate fluctuations when a US dollar-denominated asset is held in a non-US currency. The fund employs a passive management strategy.
Key statistics
Expense ratio
0.28%
Assets (AUM)
£102.6M
Holdings
125
NAV
£1,931.71
Avg. volume
—
1-year price change
+9.40%
5-year price change
+34.89%
Price change excludes dividends.
Top 10 holdings
UPVL holds 125 securities in total. These 10 are 26.2% of the fund.
Where the money is invested
Sectors
Countries
How to buy UPVL from India
Indian residents can buy UPVL 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 UPVL and buy
Find the fund by its ticker, UPVL, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in UPVL from India
Trading and taxes when buying UPVL 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 UPVL price today?
UBS Factor MSCI USA Prime Value Screened UCITS ETF hGBP dis (UPVL) last traded at £19.35 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 9:38 AM ET. That is ₹2,464 a unit at the 30 Sep 2026 GBP/INR rate.
When does UPVL 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 UPVL, and what does it cost to hold?
UBS Factor MSCI USA Prime Value Screened UCITS ETF hGBP dis manages about £102.6M. Its expense ratio is 0.28% a year, deducted inside the fund. It launched in 2016.
Is UPVL a UCITS ETF?
Yes. UBS Factor MSCI USA Prime Value Screened UCITS ETF hGBP dis 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 UPVL's largest holdings?
The top three are MERCK & CO. INC. (3.1%), BERKSHIRE HATHAWAY INC-CL B (3.0%) and APPLIED MATERIALS INC (2.9%). UPVL's 10 largest positions make up 26.2% of the fund.
Is UPVL subject to US estate tax?
No. Because UPVL 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 UPVL accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are US dividends taxed inside UPVL?
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 UPVL 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 UPVL performed?
UPVL's price is up 9.4% over the past year and up 34.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is UPVL different from a US-listed ETF?
UPVL 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.