London Stock Exchange ETF segment · ETF
Invest in ALUM ETF from India
Indian and foreign residents can buy WisdomTree Aluminium (ALUM) units directly through Paasa.
By Paasa · Updated
ALUM at a glance
- Price
- $4.27-$0.02 (0.37%)
- Expense ratio
- 0.49%
- Day range
- $4.24 – $4.27
- Assets
- $94.9M
- Domicile
- the UK
- Holdings
- —
- Launched
- 2006
- Dividends
- —
- 1 month
- -2.11%
- 6 months
- -7.42%
- YTD
- +9.72%
- 1 year
- +21.60%
- 5 years
- +6.79%
Price change, excluding dividends.
Top holding
- 1Aluminium100.0%
These 1 are 100.0% of the fund.
Where the money is invested
Countries
- Other100.0%
How to invest in ALUM 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.
Step 3
Search ALUM and buy
Find the fund by its ticker, ALUM, on the London Stock Exchange ETF segment, and place your order.
Why invest in ALUM from India
What ALUM holds
The WisdomTree Aluminium product is an Exchange Traded Commodity (ETC) designed to offer investors comprehensive exposure to the performance of Aluminium futures contracts. This ETC is fully backed by collateral and complies with UCITS eligibility requirements.
Hold a dollar asset
ALUM is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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.
Frequently asked questions
Can I buy ALUM from India?
Yes. Indian residents can buy WisdomTree Aluminium (ALUM) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. 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 ALUM invest in?
Its largest holding is Aluminium (100.0%). The fund is domiciled in the UK.
What is the expense ratio of ALUM?
WisdomTree Aluminium has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $94.9M.
What tax do I pay in India when I sell ALUM?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/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.