London Stock Exchange ETF segment · ETF
Invest in EGOV ETF from India
Indian and foreign residents can buy UBS Lux Fund Solutions SICAV - UBS J.P. Morgan Global Gov ESG Liquid BondUCITS ETF - - Capitalisation (EGOV) units directly through Paasa.
By Paasa · Updated
EGOV at a glance
- Price
- £7.05+£0.00 (0.05%)
- Expense ratio
- 0.15%
- Day range
- £7.05 – £7.05
- Assets
- £662.2M
- Domicile
- Luxembourg
- Holdings
- 1,365
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -0.31%
- 6 months
- -2.77%
- YTD
- -2.80%
- 1 year
- -3.25%
- 5 years
- -13.65%
Price change, excluding dividends.
Top 10 holdings
- 1T 4 5/8 02/15/350.3%
- 2T 4 1/4 11/15/340.3%
- 3US TREASURY N/B s c-2035 4.25%/25-1505350.3%
- 4T 1 5/8 05/15/310.3%
- 5T 4 1/8 02/15/360.3%
- 6T 4 11/15/350.3%
- 7T 4 3/8 05/15/340.3%
- 8T 4 3/8 05/15/360.3%
- 9UKT 4 3/4 12/07/300.3%
- 10UKT 4 3/8 03/07/280.3%
EGOV holds 1,365 securities in total. These 10 are 2.7% of the fund.
Where the money is invested
Countries
- United States36.9%
- Japan13.8%
- United Kingdom9.0%
- Germany7.4%
- France6.1%
- Italy5.5%
How to invest in EGOV 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 GBP when you buy.
Step 3
Search EGOV and buy
Find the fund by its ticker, EGOV, on the London Stock Exchange ETF segment, and place your order.
Why invest in EGOV from India
What EGOV holds
The UBS J.P. Morgan Global Gov ESG Liquid Bond UCITS ETF sub-fund aims to track, before expenses, the price and income performance of the J.P.
Dividends reinvested for you
Dividends from EGOV's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 EGOV from India?
Yes. Indian residents can buy UBS Lux Fund Solutions SICAV - UBS J.P. Morgan Global Gov ESG Liquid BondUCITS ETF - - Capitalisation (EGOV) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 EGOV invest in?
UBS Lux Fund Solutions SICAV - UBS J.P. Morgan Global Gov ESG Liquid BondUCITS ETF - - Capitalisation holds 1,365 securities. Its largest holdings are T 4 5/8 02/15/35 (0.3%), T 4 1/4 11/15/34 (0.3%) and US TREASURY N/B s c-2035 4.25%/25-150535 (0.3%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of EGOV?
UBS Lux Fund Solutions SICAV - UBS J.P. Morgan Global Gov ESG Liquid BondUCITS ETF - - Capitalisation has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about £662.2M.
Does EGOV pay dividends?
No. UBS Lux Fund Solutions SICAV - UBS J.P. Morgan Global Gov ESG Liquid BondUCITS ETF - - Capitalisation 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 EGOV?
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 GBP/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.