London Stock Exchange ETF segment · UCITS ETF
Invest in ECOM ETF from India
Indian and foreign residents can buy L&G Ecommerce Logistics UCITS ETF (ECOM) units directly through Paasa.
By Paasa · Updated
ECOM at a glance
- Price
- $19.09-$0.26 (1.32%)
- Expense ratio
- 0.49%
- Day range
- $19.09 – $19.42
- Assets
- $74.0M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2018
- Dividends
- —
- 1 month
- -3.32%
- 6 months
- +8.75%
- YTD
- +0.45%
- 1 year
- +1.03%
- 5 years
- +9.42%
Price change, excluding dividends.
Top 10 holdings
- 1NIPPON EXPRESS HOLDINGS INC JPY 1.03.0%
- 2MANHATTAN ASSOCS INC USD 0.012.9%
- 3SPS COMM INC USD 0.0012.8%
- 4JAPAN POST HOLDINGS CO LTD2.7%
- 5OCADO GROUP PLC 2P2.7%
- 6SEGRO PLC GBP 0.12.7%
- 7ETSY INC USD 0.0012.7%
- 8NTG NORDIC TRANSPORT GROUP DKK 1.02.7%
- 9AP MOLLER - MAERSK A/S DKK 1000.02.6%
- 10GLOBAL-E ONLINE LTD NPV2.5%
These 10 are 27.3% of the fund.
Where the money is invested
Sectors
- Industrials36.9%
- Consumer Cyclical30.7%
- Technology18.2%
- Real Estate7.6%
- Consumer Defensive4.0%
- Financial Services2.5%
Countries
- United States33.6%
- Japan17.9%
- Denmark6.8%
- Germany6.7%
- China6.4%
- United Kingdom5.2%
How to invest in ECOM 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 ECOM and buy
Find the fund by its ticker, ECOM, on the London Stock Exchange ETF segment, and place your order.
Why invest in ECOM from India
What ECOM holds
The L&G Ecommerce Logistics UCITS ETF, also known as the ETF, is structured to mirror the financial returns of the Solactive Ecommerce Logistics Index (Index).
Outside US estate tax
ECOM 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
ECOM 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 ECOM's UCITS structure matters for Indian investors
ECOM 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 ECOM from India?
Yes. Indian residents can buy L&G Ecommerce Logistics UCITS ETF (ECOM) 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 ECOM invest in?
Its largest holdings are NIPPON EXPRESS HOLDINGS INC JPY 1.0 (3.0%), MANHATTAN ASSOCS INC USD 0.01 (2.9%) and SPS COMM INC USD 0.001 (2.8%). Industrials is its largest sector at 36.9%. The fund is domiciled in Ireland.
What is the expense ratio of ECOM?
L&G Ecommerce Logistics UCITS ETF has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $74.0M.
Is ECOM a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G Ecommerce Logistics 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 ECOM?
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.