London Stock Exchange ETF segment · UCITS ETF
Invest in BUG ETF from India
Indian and foreign residents can buy Global X - Cybersecurity UCITS ETF (BUG) units directly through Paasa.
By Paasa · Updated
BUG at a glance
- Price
- $20.23-$0.57 (2.74%)
- Expense ratio
- 0.5%
- Day range
- $20.17 – $20.81
- Assets
- $95.2M
- Domicile
- Ireland
- Holdings
- 28
- Launched
- 2021
- Dividends
- —
- 1 month
- +15.72%
- 6 months
- +80.76%
- YTD
- +47.11%
- 1 year
- +29.25%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1OKTA INCOKTA9.6%
- 2CROWDSTRIKE HOLDINGS INC - ACRWD8.2%
- 3PALO ALTO NETWORKS INCPANW7.6%
- 4FORTINET INCFTNT7.4%
- 5RUBRIK INC-ARBRK5.6%
- 6QUALYS INCQLYS5.4%
- 7ZSCALER INCZS5.3%
- 8SAILPOINT INCSAIL4.9%
- 9NETSKOPE INC-CL ANTSK4.8%
- 10VARONIS SYSTEMS INCVRNS4.8%
BUG holds 28 securities in total. These 10 are 63.6% of the fund.
Where the money is invested
Countries
- United States88.1%
- Japan4.9%
- Israel4.9%
- United Kingdom1.3%
- South Korea0.7%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| BUGNASDAQGlobal X - Cybersecurity ETF | 0.5% | 2.0B |
| WCBRNASDAQWisdomTree Cybersecurity Fund | 0.45% | 161.1M |
| WCBRLSEWisdomTree Cybersecurity UCITS ETF - USD Acc | 0.45% | 527.2M |
| PSWDNASDAQXtrackers Cybersecurity Select Equity ETF | 0.2% | 5.6M |
Assets are shown in each fund's own reporting currency.
How to invest in BUG 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 BUG and buy
Find the fund by its ticker, BUG, on the London Stock Exchange ETF segment, and place your order.
Why invest in BUG from India
What BUG holds
With the ticker BUG LN, the Global X Cybersecurity UCITS ETF aims to replicate the overall investment performance, encompassing both price appreciation and income generation, of the Indxx Cybersecurity v2 Index, prior to the deduction of its various fees and expenses.
Outside US estate tax
BUG 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
BUG 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 BUG's UCITS structure matters for Indian investors
BUG 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 BUG from India?
Yes. Indian residents can buy Global X - Cybersecurity UCITS ETF (BUG) 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 BUG invest in?
Global X - Cybersecurity UCITS ETF holds 28 securities. Its largest holdings are OKTA INC (9.6%), CROWDSTRIKE HOLDINGS INC - A (8.2%) and PALO ALTO NETWORKS INC (7.6%). The fund is domiciled in Ireland.
What is the expense ratio of BUG?
Global X - Cybersecurity UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $95.2M.
Is BUG a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X - Cybersecurity 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 BUG?
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.