London Stock Exchange ETF segment · UCITS ETF
Invest in AUAD ETF from India
Indian and foreign residents can buy UBS MSCI Australia UCITS ETF AUD dis (AUAD) units directly through Paasa.
By Paasa · Updated
AUAD at a glance
- Price
- £20.79+£0.08 (0.39%)
- Expense ratio
- 0.4%
- Day range
- £20.78 – £20.90
- Assets
- £404.1M
- Domicile
- Ireland
- Holdings
- 58
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- -3.26%
- 6 months
- +4.68%
- YTD
- +7.37%
- 1 year
- +8.17%
- 5 years
- +19.51%
Price change, excluding dividends.
Top 10 holdings
- 1BHP GROUP LTDBHP.AX16.0%
- 2COMMONWEALTH BANK OF AUSTRALCBA.AX12.8%
- 3NATIONAL AUSTRALIA BANK LTDNAB.AX6.1%
- 4WESTPAC BANKING CORPWBC.AX6.0%
- 5ANZ GROUP HOLDINGS LTDANZ.AX5.8%
- 6MACQUARIE GROUP LTDMQG.AX4.5%
- 7CSL LTDCSL.AX4.3%
- 8WESFARMERS LTDWES.AX4.2%
- 9RIO TINTO LTDRIO.AX3.2%
- 10WOODSIDE ENERGY GROUP LTDWDS.AX3.0%
AUAD holds 58 securities in total. These 10 are 65.9% of the fund.
Where the money is invested
Sectors
- Financial Services42.0%
- Basic Materials25.7%
- Consumer Cyclical6.4%
- Healthcare5.4%
- Energy4.5%
- Industrials4.1%
Countries
- Australia99.5%
- New Zealand0.5%
How to invest in AUAD 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 AUAD and buy
Find the fund by its ticker, AUAD, on the London Stock Exchange ETF segment, and place your order.
Why invest in AUAD from India
What AUAD holds
This fund primarily allocates capital to a diversified selection of large and mid-capitalization Australian companies, specifically those included in the MSCI Australia Index. The weighting of each holding within the fund accurately reflects its proportion in the underlying benchmark.
Outside US estate tax
AUAD 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 AUAD's UCITS structure matters for Indian investors
AUAD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy AUAD from India?
Yes. Indian residents can buy UBS MSCI Australia UCITS ETF AUD dis (AUAD) 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 AUAD invest in?
UBS MSCI Australia UCITS ETF AUD dis holds 58 securities. Its largest holdings are BHP GROUP LTD (16.0%), COMMONWEALTH BANK OF AUSTRAL (12.8%) and NATIONAL AUSTRALIA BANK LTD (6.1%). Financial Services is its largest sector at 42.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of AUAD?
UBS MSCI Australia UCITS ETF AUD dis has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about £404.1M.
Is AUAD a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI Australia UCITS ETF AUD dis 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. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are AUAD dividends taxed in India?
UBS MSCI Australia UCITS ETF AUD dis 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 AUAD?
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 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.