London Stock Exchange ETF segment · UCITS ETF
Invest in EBIZ ETF from India
Indian and foreign residents can buy Global X - E-commerce UCITS ETF (EBIZ) units directly through Paasa.
By Paasa · Updated
EBIZ at a glance
- Price
- $13.09-$0.08 (0.61%)
- Expense ratio
- 0.5%
- Day range
- $13.04 – $13.15
- Assets
- $7.1M
- Domicile
- Ireland
- Holdings
- 41
- Launched
- 2021
- Dividends
- —
- 1 month
- -5.83%
- 6 months
- +4.05%
- YTD
- -15.38%
- 1 year
- -20.33%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1SHOPIFY INC - CLASS A5.1%
- 2ALLEGRO.EU SA4.7%
- 3GODADDY INC - CLASS A4.4%
- 4WILLIAMS-SONOMA INC4.3%
- 5EXPEDIA GROUP INC4.2%
- 6AMAZON.COM INC4.2%
- 7DOMINO'S PIZZA INC4.1%
- 8COSTAR GROUP INC4.1%
- 9MERCADOLIBRE INC4.0%
- 10EBAY INC4.0%
EBIZ holds 41 securities in total. These 10 are 43.1% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical75.4%
- Technology10.9%
- Real Estate4.5%
- Communication Services4.2%
- Industrials3.0%
- Healthcare1.7%
Countries
- United States48.9%
- China14.7%
- Singapore7.6%
- Canada5.1%
- Luxembourg4.7%
- Japan4.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EBIZNASDAQGlobal X - E-commerce ETF | 0.5% | 24.9M |
Assets are shown in each fund's own reporting currency.
How to invest in EBIZ 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 EBIZ and buy
Find the fund by its ticker, EBIZ, on the London Stock Exchange ETF segment, and place your order.
Why invest in EBIZ from India
What EBIZ holds
The Global X E-commerce UCITS ETF, trading as EBIZ LN, endeavors to mirror the overall financial performance, encompassing both capital growth and income, of the Solactive E-commerce v2 Index. This tracking objective is considered before any management fees or operational costs are deducted.
Outside US estate tax
EBIZ 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
EBIZ 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 EBIZ's UCITS structure matters for Indian investors
EBIZ 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 EBIZ from India?
Yes. Indian residents can buy Global X - E-commerce UCITS ETF (EBIZ) 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 EBIZ invest in?
Global X - E-commerce UCITS ETF holds 41 securities. Its largest holdings are SHOPIFY INC - CLASS A (5.1%), ALLEGRO.EU SA (4.7%) and GODADDY INC - CLASS A (4.4%). Consumer Cyclical is its largest sector at 75.4%. The fund is domiciled in Ireland.
What is the expense ratio of EBIZ?
Global X - E-commerce UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $7.1M.
Is EBIZ a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X - E-commerce 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 EBIZ?
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.