London Stock Exchange ETF segment · UCITS ETF
Invest in EMD5 ETF from India
Indian and foreign residents can buy L&G Emerging Markets Government Bond 0-5 Year Screened UCITS ETF (EMD5) units directly through Paasa.
By Paasa · Updated
EMD5 at a glance
- Price
- $9.02+$0.01 (0.11%)
- Expense ratio
- 0.25%
- Day range
- $9.02 – $9.06
- Assets
- $1.0B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- -1.52%
- 6 months
- -1.73%
- YTD
- -4.24%
- 1 year
- -1.84%
- 5 years
- -10.33%
Price change, excluding dividends.
Top 10 holdings
- 1ARGENTINA REP 0.75 09JUL303.2%
- 2STATE TREAS REP POLAN 4.875 12FEB301.9%
- 3HUNGARY GOVERNMENT IN 6.125 22MAY281.5%
- 4OMAN GOVERNMENT INTER 5.625 17JAN281.4%
- 5PERU REP 2.783 23JAN311.3%
- 6URUGUAY REP 4.375 23JAN311.2%
- 7SOUTH AFRICA REP 4.3 12OCT281.2%
- 8GHANA GOVERNMENT INTERN 5.0 03JUL291.0%
- 9ROMANIAN GOVERNMENT I 6.625 17FEB281.0%
- 10BANK GOSPODARSTWA KRAJ 6.25 31OCT281.0%
These 10 are 14.9% of the fund.
Where the money is invested
Countries
- Hungary5.4%
- Poland5.2%
- Brazil4.5%
- Turkey4.3%
- Chile4.3%
- Oman4.2%
How to invest in EMD5 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 EMD5 and buy
Find the fund by its ticker, EMD5, on the London Stock Exchange ETF segment, and place your order.
Why invest in EMD5 from India
What EMD5 holds
The L&G Emerging Markets Government Bond (USD) 0-5 Year Screened UCITS ETF is engineered to consistently reflect the investment performance of a specific benchmark: the J.P. Morgan ESG EMBI Global Diversified Short-Term Custom Maturity Index.
Outside US estate tax
EMD5 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
EMD5 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 EMD5's UCITS structure matters for Indian investors
EMD5 is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy EMD5 from India?
Yes. Indian residents can buy L&G Emerging Markets Government Bond 0-5 Year Screened UCITS ETF (EMD5) 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 EMD5 invest in?
Its largest holdings are ARGENTINA REP 0.75 09JUL30 (3.2%), STATE TREAS REP POLAN 4.875 12FEB30 (1.9%) and HUNGARY GOVERNMENT IN 6.125 22MAY28 (1.5%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of EMD5?
L&G Emerging Markets Government Bond 0-5 Year Screened UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.0B.
Is EMD5 a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G Emerging Markets Government Bond 0-5 Year Screened 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.
How are EMD5 dividends taxed in India?
L&G Emerging Markets Government Bond 0-5 Year Screened UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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 EMD5?
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 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.