London Stock Exchange ETF segment · UCITS ETF
Invest in CLMA ETF from India
Indian and foreign residents can buy Guinness Sustainable Energy UCITS ETF (CLMA) units directly through Paasa.
By Paasa · Updated
CLMA at a glance
- Price
- $7.68-$0.08 (1.04%)
- Expense ratio
- 0.65%
- Day range
- $7.68 – $7.83
- Assets
- $15.8M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- -2.10%
- 6 months
- +3.86%
- YTD
- +3.44%
- 1 year
- +5.72%
- 5 years
- -14.97%
Price change, excluding dividends.
Top 10 holdings
- 1IBERDROLA SA COMMON STOCK4.8%
- 2EATON CORP PLC COMMON4.6%
- 3AMPHENOL CORP COMMON4.6%
- 4SCHNEIDER ELECTRIC SE4.5%
- 5LEGRAND SA COMMON STOCK4.5%
- 6SIEMENS AG COMMON STOCK4.4%
- 7HUBBELL INC COMMON STOCK4.2%
- 8TRANE TECHNOLOGIES PLC4.2%
- 9SSE PLC COMMON STOCK GBP4.0%
- 10NEXTERA ENERGY INC COMMON3.9%
These 10 are 43.9% of the fund.
Where the money is invested
Sectors
- Industrials49.9%
- Technology25.9%
- Utilities18.8%
- Basic Materials4.7%
- Consumer Cyclical0.6%
Countries
- United States35.8%
- Ireland12.3%
- France12.1%
- Germany7.7%
- United Kingdom6.6%
- Spain4.6%
How to invest in CLMA 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 CLMA and buy
Find the fund by its ticker, CLMA, on the London Stock Exchange ETF segment, and place your order.
Why invest in CLMA from India
What CLMA holds
The Guinness Sustainable Energy UCITS ETF (CLMA) strives to achieve long-term capital growth for investors by strategically allocating capital to companies actively working to diminish global carbon emissions. Its investment focus is specifically on enterprises involved in the generation and storage of sustainable energy, as well as those driving the electrification and efficiency of energy consumption.
Outside US estate tax
CLMA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from CLMA's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
CLMA 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 CLMA's UCITS structure matters for Indian investors
CLMA 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 CLMA from India?
Yes. Indian residents can buy Guinness Sustainable Energy UCITS ETF (CLMA) 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 CLMA invest in?
Its largest holdings are IBERDROLA SA COMMON STOCK (4.8%), EATON CORP PLC COMMON (4.6%) and AMPHENOL CORP COMMON (4.6%). Industrials is its largest sector at 49.9%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of CLMA?
Guinness Sustainable Energy UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $15.8M.
Is CLMA a UCITS ETF, and why does that matter for Indian investors?
Yes. Guinness Sustainable Energy 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.
Does CLMA pay dividends?
No. Guinness Sustainable Energy UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell CLMA?
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.