SIX Swiss Exchange · UCITS ETF
Invest in AWESGS ETF from India
Indian and foreign residents can buy UBS MSCI ACWI Universal UCITS ETF hCHF (AWESGS) units directly through Paasa.
By Paasa · Updated
AWESGS at a glance
- Price
- CHF 22.17+CHF 0.00 (0.00%)
- Expense ratio
- 0.26%
- Day range
- CHF 22.17 – CHF 22.25
- Assets
- CHF 5.6B
- Domicile
- Ireland
- Holdings
- 2,106
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- -0.98%
- 6 months
- +19.26%
- YTD
- +12.03%
- 1 year
- +16.81%
- 5 years
- +49.60%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP4.9%
- 2MICROSOFT CORP4.6%
- 3APPLE INC4.3%
- 4TAIWAN SEMICONDUCTOR MANUFAC2.7%
- 5AMAZON.COM INC2.1%
- 6BROADCOM INC2.1%
- 7ALPHABET INC-CL A1.7%
- 8ALPHABET INC-CL C1.3%
- 9ADVANCED MICRO DEVICES1.3%
- 10SAMSUNG ELECTRONICS CO LTD1.3%
AWESGS holds 2,106 securities in total. These 10 are 26.4% of the fund.
Where the money is invested
Sectors
- Technology37.1%
- Financial Services18.9%
- Healthcare8.8%
- Industrials8.6%
- Consumer Cyclical7.5%
- Communication Services6.8%
Countries
- United States60.2%
- Japan5.7%
- Taiwan4.0%
- United Kingdom3.3%
- South Korea3.0%
- Canada2.8%
How to invest in AWESGS 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 CHF when you buy.
Step 3
Search AWESGS and buy
Find the fund by its ticker, AWESGS, on the SIX Swiss Exchange, and place your order.
Why invest in AWESGS from India
What AWESGS holds
This fund primarily allocates its investments to mirror the MSCI ACWI Universal Low Carbon Select 5% Issuer Capped with Developed Markets 100% Hedged to CHF Index Net. The composition of its holdings, specifically the proportional representation of companies, directly aligns with their weightings within this benchmark index.
Outside US estate tax
AWESGS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from AWESGS' holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 AWESGS' UCITS structure matters for Indian investors
AWESGS 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 AWESGS from India?
Yes. Indian residents can buy UBS MSCI ACWI Universal UCITS ETF hCHF (AWESGS) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 AWESGS invest in?
UBS MSCI ACWI Universal UCITS ETF hCHF holds 2,106 securities. Its largest holdings are NVIDIA CORP (4.9%), MICROSOFT CORP (4.6%) and APPLE INC (4.3%). Technology is its largest sector at 37.1%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of AWESGS?
UBS MSCI ACWI Universal UCITS ETF hCHF has an expense ratio of 0.26% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 5.6B.
Is AWESGS a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI ACWI Universal UCITS ETF hCHF 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.
Does AWESGS pay dividends?
No. UBS MSCI ACWI Universal UCITS ETF hCHF is an accumulating fund. 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.
What tax do I pay in India when I sell AWESGS?
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 CHF/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.