London Stock Exchange ETF segment · UCITS ETF
Invest in BUYB ETF from India
Indian and foreign residents can buy Invesco Global Buyback Achievers UCITS ETF (BUYB) units directly through Paasa.
By Paasa · Updated
BUYB at a glance
- Price
- $74.79+$0.53 (0.71%)
- Expense ratio
- 0.39%
- Day range
- $74.79 – $75.06
- Assets
- $196.3M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -4.12%
- 6 months
- +9.80%
- YTD
- +8.48%
- 1 year
- +14.26%
- 5 years
- +52.16%
Price change, excluding dividends.
Top 10 holdings
- 1SHELL PLC GBP 0.07005.9%
- 2BANK OF AMERICA CORP USD0.014.6%
- 3WELLS FARGO & CO USD1.6664.4%
- 4NOVARTIS AG-REG CHF0.54.4%
- 5CITIGROUP INC USD0.014.0%
- 6SALESFORCE INC USD 0.0013.3%
- 7SCHWAB (CHARLES) CORP USD0.013.0%
- 8MITSUBISHI CORP NPV2.5%
- 9ING GROEP NV EUR0.012.4%
- 10VALERO ENERGY CORP USD0.011.9%
These 10 are 36.5% of the fund.
Where the money is invested
Sectors
- Financial Services36.3%
- Energy11.7%
- Consumer Cyclical11.2%
- Technology11.0%
- Industrials10.9%
- Healthcare8.8%
Countries
- United States55.1%
- Japan13.5%
- United Kingdom10.2%
- Switzerland5.0%
- Ireland3.2%
- Netherlands2.4%
How to invest in BUYB 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 BUYB and buy
Find the fund by its ticker, BUYB, on the London Stock Exchange ETF segment, and place your order.
Why invest in BUYB from India
What BUYB holds
This Invesco Global Buyback Achievers UCITS ETF is designed to mirror the net total return performance of the NASDAQ Global Buyback Achievers Index, after deducting all fees. The fund provides quarterly dividend distributions.
Outside US estate tax
BUYB 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
BUYB 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 BUYB's UCITS structure matters for Indian investors
BUYB 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 BUYB from India?
Yes. Indian residents can buy Invesco Global Buyback Achievers UCITS ETF (BUYB) 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 BUYB invest in?
Its largest holdings are SHELL PLC GBP 0.0700 (5.9%), BANK OF AMERICA CORP USD0.01 (4.6%) and WELLS FARGO & CO USD1.666 (4.4%). Financial Services is its largest sector at 36.3%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of BUYB?
Invesco Global Buyback Achievers UCITS ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about $196.3M.
Is BUYB a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco Global Buyback Achievers 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.
How are BUYB dividends taxed in India?
Invesco Global Buyback Achievers UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell BUYB?
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.