London Stock Exchange ETF segment · UCITS ETF
Invest in CAUT ETF from India
Indian and foreign residents can buy Global X China Electric Vehicle and Battery UCITS ETF (CAUT) units directly through Paasa.
By Paasa · Updated
CAUT at a glance
- Price
- $23.14+$0.16 (0.69%)
- Expense ratio
- 0.68%
- Day range
- $23.14 – $23.34
- Assets
- $20.7M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2022
- Dividends
- —
- 1 month
- -10.76%
- 6 months
- -22.48%
- YTD
- -22.14%
- 1 year
- -26.05%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BYD CO LTD -A10.6%
- 2CONTEMPORARY AMPEREX TEC9.5%
- 3SHENZHEN INOVANCE TECHNO5.7%
- 4GUANGZHOU TINCI MATERIAL5.0%
- 5ZHEJIANG SANHUA INTELLIG4.9%
- 6FUYAO GROUP GLASS INDUST4.8%
- 7EVE ENERGY CO LTD-A4.2%
- 8JIANGXI GANFENG LITHIUM3.8%
- 9TIANQI LITHIUM INDUSTR I3.5%
- 10LI AUTO INC-CLASS A3.2%
These 10 are 55.0% of the fund.
Where the money is invested
Countries
- China100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| 2845HKSEGlobal X China Electric Vehicle and Battery ETF (HKD) | 0.68% | 777.6M |
Assets are shown in each fund's own reporting currency.
How to invest in CAUT 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 CAUT and buy
Find the fund by its ticker, CAUT, on the London Stock Exchange ETF segment, and place your order.
Why invest in CAUT from India
What CAUT holds
The investment objective of the Fund is to provide investment results that, before fees and expenses, closely correspond to the performance of the Solactive China Electric Vehicle and Battery v2 USD Index NTR (the Index).
Outside US estate tax
CAUT 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
CAUT 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 CAUT's UCITS structure matters for Indian investors
CAUT 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 CAUT from India?
Yes. Indian residents can buy Global X China Electric Vehicle and Battery UCITS ETF (CAUT) 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 CAUT invest in?
Its largest holdings are BYD CO LTD -A (10.6%), CONTEMPORARY AMPEREX TEC (9.5%) and SHENZHEN INOVANCE TECHNO (5.7%). The fund is domiciled in Ireland.
What is the expense ratio of CAUT?
Global X China Electric Vehicle and Battery UCITS ETF has an expense ratio of 0.68% a year, taken from the fund's assets rather than billed to you. The fund manages about $20.7M.
Is CAUT a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X China Electric Vehicle and Battery 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 CAUT?
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.