XETRA · UCITS ETF
Invest in CBUS ETF from India
Indian and foreign residents can buy iShares Core UK Gilts UCITS ETF (CBUS) units directly through Paasa.
By Paasa · Updated
CBUS at a glance
- Price
- €4.34+€0.01 (0.28%)
- Expense ratio
- 0.09%
- Day range
- €4.34 – €4.34
- Assets
- €315.3M
- Domicile
- Ireland
- Holdings
- 71
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- -0.99%
- 6 months
- -2.99%
- YTD
- -5.52%
- 1 year
- -5.32%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1UK CONV GILT RegS 4.38% 03/07/2028 (UKT)2.7%
- 2UK CONV GILT RegS 4.75% 12/07/2030 (UKT)2.5%
- 3UK CONV GILT RegS 4.25% 06/07/2032 (UKT)2.5%
- 4UNITED KINGDOM OF GREAT BRITAIN AN RegS 4.38% 03/07/2030 (UKT)2.4%
- 5UNITED KINGDOM OF GREAT BRITAIN AN RegS 4.00% 05/22/2029 (UKT)2.3%
- 6UK CONV GILT RegS 1.25% 07/22/2027 (UKT)2.3%
- 7UK CONV GILT RegS 4.75% 10/22/2035 (UKT)2.2%
- 8UK CONV GILT RegS 0.88% 10/22/2029 (UKT)2.2%
- 9UK CONV GILT RegS 4.50% 03/07/2035 (UKT)2.1%
- 10UK CONV GILT RegS 0.13% 01/31/2028 (UKT)2.1%
CBUS holds 71 securities in total. These 10 are 23.4% of the fund.
Where the money is invested
Countries
- United Kingdom93.5%
- Other6.5%
- Ireland0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IGLTLSEiShares Core UK Gilts UCITS ETF | 0.07% | 3.3B |
| GLTALSEInvesco UK Gilts UCITS ETF | 0.06% | 333.7M |
| GLUHAMSiShares Core UK Gilts UCITS ETF | 0.09% | 646.7M |
| GLTPLSEInvesco UK Gilts UCITS ETF | 0.06% | 333.7M |
Assets are shown in each fund's own reporting currency.
How to invest in CBUS 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, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search CBUS and buy
Find the fund by its ticker, CBUS, on XETRA, and place your order.
Why invest in CBUS from India
What CBUS holds
This fund aims to replicate the performance of a benchmark index comprising UK government bonds denominated in Pounds Sterling.
Outside US estate tax
CBUS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 CBUS' UCITS structure matters for Indian investors
CBUS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy CBUS from India?
Yes. Indian residents can buy iShares Core UK Gilts UCITS ETF (CBUS) through Paasa. It is listed on XETRA and trades in EUR. 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 CBUS invest in?
iShares Core UK Gilts UCITS ETF holds 71 securities. Its largest holdings are UK CONV GILT RegS 4.38% 03/07/2028 (UKT) (2.7%), UK CONV GILT RegS 4.75% 12/07/2030 (UKT) (2.5%) and UK CONV GILT RegS 4.25% 06/07/2032 (UKT) (2.5%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of CBUS?
iShares Core UK Gilts UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about €315.3M.
Is CBUS a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Core UK Gilts 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.
How are CBUS dividends taxed in India?
iShares Core UK Gilts 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 CBUS?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the EUR/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.