London Stock Exchange ETF segment · UCITS ETF
Invest in BATT ETF from India
Indian and foreign residents can buy L&G Battery Value-Chain UCITS ETF (BATT) units directly through Paasa.
By Paasa · Updated
BATT at a glance
- Price
- $29.61+$0.27 (0.92%)
- Expense ratio
- 0.49%
- Day range
- $29.61 – $29.83
- Assets
- $820.2M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2018
- Dividends
- —
- 1 month
- -6.92%
- 6 months
- -5.55%
- YTD
- -0.64%
- 1 year
- +22.81%
- 5 years
- +58.58%
Price change, excluding dividends.
Top 10 holdings
- 1PANASONIC HOLDINGS CORP JPY 1.06752.T4.1%
- 2HITACHI NPV6501.T3.4%
- 3SIEMENS AG NPVSIE.DE3.2%
- 4TDK CORP NPV6762.T3.2%
- 5NGK CORP NPV5333.T3.1%
- 6ENERGY VAULT HLDGS INC USD 0.0001NRGV3.0%
- 7TESLA INC USD 0.001TSLA2.9%
- 8ABB LTD CHF 0.12ABBN.SW2.9%
- 9RIO TINTO PLC ORD GBP 0.10RIO.L2.8%
- 10ZIJIN MINING GROUP CO LTD CNY 0.12899.HK2.8%
These 10 are 31.5% of the fund.
Where the money is invested
Sectors
- Industrials32.4%
- Basic Materials26.3%
- Consumer Cyclical19.9%
- Technology16.7%
- Utilities4.7%
Countries
- United States19.5%
- Japan19.1%
- China13.7%
- Germany9.6%
- South Korea9.3%
- Australia8.2%
How to invest in BATT 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 BATT and buy
Find the fund by its ticker, BATT, on the London Stock Exchange ETF segment, and place your order.
Why invest in BATT from India
What BATT holds
The L&G Battery Value-Chain UCITS ETF, often referred to as "the ETF," is designed to mirror the investment performance of the Solactive Battery Value-Chain Index, or "the Index."
Outside US estate tax
BATT is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
BATT 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.
Why BATT's UCITS structure matters for Indian investors
BATT 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 BATT from India?
Yes. Indian residents can buy L&G Battery Value-Chain UCITS ETF (BATT) 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 BATT invest in?
Its largest holdings are PANASONIC HOLDINGS CORP JPY 1.0 (4.1%), HITACHI NPV (3.4%) and SIEMENS AG NPV (3.2%). Industrials is its largest sector at 32.4%. The fund is domiciled in Ireland.
What is the expense ratio of BATT?
L&G Battery Value-Chain UCITS ETF has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $820.2M.
Is BATT a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G Battery Value-Chain 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. 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.
What tax do I pay in India when I sell BATT?
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.