London Stock Exchange ETF segment · UCITS ETF
Invest in BCOM ETF from India
Indian and foreign residents can buy L&G All Commodities UCITS ETF (BCOM) units directly through Paasa.
By Paasa · Updated
BCOM at a glance
- Price
- $21.45+$0.18 (0.86%)
- Expense ratio
- 0.15%
- Day range
- $21.28 – $21.53
- Assets
- $489.0M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2017
- Dividends
- —
- 1 month
- +1.82%
- 6 months
- +6.62%
- YTD
- +31.05%
- 1 year
- +41.13%
- 5 years
- +70.12%
Price change, excluding dividends.
Top 10 holdings
- 1Commodities Exchange Centre (CEC) Gold Electronic Commodity Future11.5%
- 2Intercontinental Exchange Europe Brent Crude Electronic Energy Future10.7%
- 3NYMEX New York Mercantile Exchange Light Sweet Crude Oil (WTI) Electronic Energy Future8.7%
- 4NYMEX New York Mercantile Exchange Henry Hub Natural Gas Electronic Energy Future6.1%
- 5Commodities Exchange Centre (CEC) Copper Electronic Commodity Future5.9%
- 6Intercontinental Exchange Europe Low Sulphur Gasoil Energy Future5.4%
- 7CBT Chicago Board of Trade Soybeans Electronic Commodity Future5.4%
- 8CBT Chicago Board of Trade Corn Electronic Commodity Future5.3%
- 9NYMEX New York Mercantile Exchange NY Harbor ULSD Electronic Energy Future4.0%
- 10LME London Metal Exchange Aluminium USD Monthly Pit Commodity Future3.4%
These 10 are 66.5% of the fund.
Where the money is invested
Sectors
- Basic Materials35.8%
- Financial Services17.8%
- Consumer Cyclical12.9%
- Communication Services12.3%
- Consumer Defensive9.7%
- Real Estate5.8%
Countries
- Other75.8%
- United Kingdom24.2%
How to invest in BCOM 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 BCOM and buy
Find the fund by its ticker, BCOM, on the London Stock Exchange ETF segment, and place your order.
Why invest in BCOM from India
What BCOM holds
The L&G All Commodities UCITS ETF, often referred to as the "ETF," is designed to replicate the financial performance of the Bloomberg Commodity Index Total Return (the "Index").
Outside US estate tax
BCOM 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
BCOM 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 BCOM's UCITS structure matters for Indian investors
BCOM 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 BCOM from India?
Yes. Indian residents can buy L&G All Commodities UCITS ETF (BCOM) 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 BCOM invest in?
Its largest holdings are Commodities Exchange Centre (CEC) Gold Electronic Commodity Future (11.5%), Intercontinental Exchange Europe Brent Crude Electronic Energy Future (10.7%) and NYMEX New York Mercantile Exchange Light Sweet Crude Oil (WTI) Electronic Energy Future (8.7%). Basic Materials is its largest sector at 35.8%. The fund is domiciled in Ireland.
What is the expense ratio of BCOM?
L&G All Commodities UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $489.0M.
Is BCOM a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G All Commodities 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 BCOM?
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.