Singapore Exchange · ETF
Invest in CLR ETF from India
Indian and foreign residents can buy Lion-Phillip S-REIT ETF (CLR) units directly through Paasa.
By Paasa · Updated
CLR at a glance
- Price
- S$0.76+S$0.00 (0.00%)
- Expense ratio
- 0.6%
- Day range
- S$0.76 – S$0.77
- Assets
- S$888.0M
- Domicile
- Singapore
- Holdings
- —
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- -5.10%
- 6 months
- -4.98%
- YTD
- -12.50%
- 1 year
- -10.76%
- 5 years
- -28.69%
Price change, excluding dividends.
Top 10 holdings
- 1KEPPEL DC REIT ORD NPV10.5%
- 2CAPITALAND INTEGRATED COMMERCIAL TRUST REIT ORD NPV10.1%
- 3MAPLETREE LOGISTICS TRUST REIT NPV9.7%
- 4CAPITALAND ASCENDAS REIT9.5%
- 5MAPLETREE PAN ASIA COMMERCIAL TRUST REIT NPV9.4%
- 6KEPPEL REIT NPV8.4%
- 7MAPLETREE INDUSTRIAL TRUST REIT NPV7.9%
- 8FRASERS LOGISTICS & COMMERCI7.3%
- 9SUNTEC REIT6.9%
- 10FRASERS CENTREPOINT TRUST REIT NPV5.9%
These 10 are 85.6% of the fund.
Where the money is invested
Countries
- Singapore98.1%
- Other1.9%
How to invest in CLR 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 SGD when you buy.
Step 3
Search CLR and buy
Find the fund by its ticker, CLR, on the Singapore Exchange, and place your order.
Why invest in CLR from India
What CLR holds
Lion-Phillip S-REIT ETF is an exchange traded fund launched and managed by Lion Global Investors Limited. It is co-managed by Phillip Capital Management (S) Ltd. The fund invests in the public equity markets of Singapore.
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.
Frequently asked questions
Can I buy CLR from India?
Yes. Indian residents can buy Lion-Phillip S-REIT ETF (CLR) through Paasa. It is listed on the Singapore Exchange and trades in SGD. 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 CLR invest in?
Its largest holdings are KEPPEL DC REIT ORD NPV (10.5%), CAPITALAND INTEGRATED COMMERCIAL TRUST REIT ORD NPV (10.1%) and MAPLETREE LOGISTICS TRUST REIT NPV (9.7%). It is a distributing fund domiciled in Singapore.
What is the expense ratio of CLR?
Lion-Phillip S-REIT ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about S$888.0M.
How are CLR dividends taxed in India?
Lion-Phillip S-REIT ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Singapore levies 0% withholding tax on dividends from resident companies. 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 CLR?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. 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 SGD/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.