London Stock Exchange ETF segment · UCITS ETF
Invest in AGBP ETF from India
Indian and foreign residents can buy iShares Core Global Aggregate Bond UCITS ETF (AGBP) units directly through Paasa.
By Paasa · Updated
AGBP at a glance
- Price
- £4.46+£0.00 (0.10%)
- Expense ratio
- 0.1%
- Day range
- £4.46 – £4.48
- Assets
- £775.1M
- Domicile
- Ireland
- Holdings
- 19,976
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- -1.97%
- 6 months
- -3.03%
- YTD
- -4.89%
- 1 year
- -4.08%
- 5 years
- -13.56%
Price change, excluding dividends.
Top 10 holdings
- 1BLK ICS USD LEAF AGENCY DIST2.2%
- 2CHINA PEOPLES REPUBLIC OF (GOVERNM 1.61% 02/15/2035 (CGB)0.9%
- 3FHLMC 30YR UMBS SUPER 2.00% 07/01/2051 (FRSD8155)0.7%
- 4CHINA PEOPLES REPUBLIC OF (GOVERNM 1.49% 12/25/2031 (CGB)0.5%
- 5CHINA PEOPLES REPUBLIC OF (GOVERNM 1.45% 02/25/2028 (CGB)0.4%
- 6CHINA PEOPLES REPUBLIC OF (GOVERNM 2.68% 05/21/2030 (CGB)0.4%
- 7CHINA PEOPLES REPUBLIC OF (GOVERNM 2.28% 03/25/2031 (CGB)0.4%
- 8CHINA PEOPLES REPUBLIC OF (GOVERNM 2.52% 08/25/2033 (CGB)0.3%
- 9CHINA PEOPLES REPUBLIC OF (GOVERNM 3.19% 04/15/2053 (CGB)0.3%
- 10CHINA PEOPLES REPUBLIC OF (GOVERNM 2.62% 04/15/2028 (CGB)0.3%
AGBP holds 19,976 securities in total. These 10 are 6.3% of the fund.
Where the money is invested
Countries
- United States30.2%
- China11.0%
- Other10.3%
- Japan8.0%
- France5.0%
- United Kingdom4.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| AGGULSEiShares Core Global Aggregate Bond UCITS ETF | 0.1% | 4.0B |
| VAGSLSEGlobal Aggregate Bond UCITS ETF | 0.08% | 4.8B |
| VAGFXETRAVanguard Global Aggregate Bond UCITS ETF EUR Hedged Accumulating | 0.08% | 5.6B |
| AGGGLSEiShares Core Global Aggregate Bond UCITS ETF USD | 0.1% | 2.7B |
| VAGULSEVanguard Global Aggregate Bond UCITS ETF USD Hedged Accumulating | 0.08% | 6.5B |
Assets are shown in each fund's own reporting currency.
How to invest in AGBP from India
Step 1
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.
Step 2
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.
Step 3
Search AGBP and buy
Find the fund by its ticker, AGBP, on the London Stock Exchange ETF segment, and place your order.
Why invest in AGBP from India
What AGBP holds
This iShares UCITS exchange-traded fund aims to replicate the performance of a benchmark index consisting of high-quality debt securities issued worldwide.
Outside US estate tax
AGBP is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why AGBP's UCITS structure matters for Indian investors
AGBP is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy AGBP from India?
Yes. Indian residents can buy iShares Core Global Aggregate Bond UCITS ETF (AGBP) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does AGBP invest in?
iShares Core Global Aggregate Bond UCITS ETF holds 19,976 securities. Its largest holdings are BLK ICS USD LEAF AGENCY DIST (2.2%), CHINA PEOPLES REPUBLIC OF (GOVERNM 1.61% 02/15/2035 (CGB) (0.9%) and FHLMC 30YR UMBS SUPER 2.00% 07/01/2051 (FRSD8155) (0.7%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of AGBP?
iShares Core Global Aggregate Bond UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about £775.1M.
Is AGBP a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Core Global Aggregate Bond UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
How are AGBP dividends taxed in India?
iShares Core Global Aggregate Bond UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell AGBP?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.