London Stock Exchange ETF segment · UCITS ETF
Invest in BCCU ETF from India
Indian and foreign residents can buy UBS BBG Commodity CMCI SF UCITS ETF (BCCU) units directly through Paasa.
By Paasa · Updated
BCCU at a glance
- Price
- $24.16-$0.08 (0.34%)
- Expense ratio
- 0.34%
- Day range
- $24.14 – $24.21
- Assets
- $2.0B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- +3.06%
- 6 months
- +11.07%
- YTD
- +26.41%
- 1 year
- +35.56%
- 5 years
- +77.63%
Price change, excluding dividends.
Where the money is invested
Sectors
- Communication Services55.9%
- Technology16.1%
- Industrials7.2%
- Financial Services6.2%
- Consumer Cyclical5.2%
- Healthcare3.1%
How to invest in BCCU 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 BCCU and buy
Find the fund by its ticker, BCCU, on the London Stock Exchange ETF segment, and place your order.
Why invest in BCCU from India
What BCCU holds
The fund's primary goal is to track the total returns of the UBS BCOM Constant Maturity Commodity Index. This is accomplished using a synthetic replication approach, specifically through an investment in a swap agreement.
Outside US estate tax
BCCU 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 BCCU's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
BCCU 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 BCCU's UCITS structure matters for Indian investors
BCCU 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 BCCU from India?
Yes. Indian residents can buy UBS BBG Commodity CMCI SF UCITS ETF (BCCU) 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 is the expense ratio of BCCU?
UBS BBG Commodity CMCI SF UCITS ETF has an expense ratio of 0.34% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.0B.
Is BCCU a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS BBG Commodity CMCI SF 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.
Does BCCU pay dividends?
No. UBS BBG Commodity CMCI SF UCITS ETF 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 BCCU?
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.