London Stock Exchange ETF segment · UCITS ETF
Invest in EMDH ETF from India
Indian and foreign residents can buy L&G Emerging Markets Corporate Bond Screened UCITS ETF (EMDH) units directly through Paasa.
By Paasa · Updated
EMDH at a glance
- Price
- £8.30-£0.03 (0.32%)
- Expense ratio
- 0.38%
- Day range
- £8.30 – £8.30
- Assets
- £183.2M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -2.30%
- 6 months
- -3.00%
- YTD
- -6.61%
- 1 year
- -5.32%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1MELCO RESORTS FINANCE 5.375 04DEC290.6%
- 2CENTRAL AMERICAN BOTTL 5.25 27APR290.6%
- 3ECOPETROL S A 8.875 13JAN330.5%
- 4DIGICEL INTERNATIONAL 8.625 01AUG320.5%
- 5GRUPO NUTRESA SA 9.0 12MAY350.5%
- 6STANDARD CHARTERE 4.644 01APR31 FRN0.5%
- 7SANDS CHINA LTD 5.4 08AUG280.5%
- 8GREENSAIF PIPELINES B 6.129 23FEB380.5%
- 9FIRST ABU DHABI BA 6.32 04APR34 FRN0.5%
- 10TSMC ARIZ CORP 2.5 25OCT310.4%
These 10 are 5.0% of the fund.
Where the money is invested
Sectors
- Corporate65.4%
- Government0.7%
Countries
- United States57.0%
- Other41.1%
- Israel1.5%
- Hong Kong0.2%
- Norway0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EMAULSEL&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF | 0.35% | 183.2M |
| EMUSLSEL&G Emerging Markets Corporate Bond (USD) Screened UCITS ETF | 0.35% | 183.2M |
Assets are shown in each fund's own reporting currency.
How to invest in EMDH 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 EMDH and buy
Find the fund by its ticker, EMDH, on the London Stock Exchange ETF segment, and place your order.
Why invest in EMDH from India
What EMDH holds
This UCITS Exchange Traded Fund, the L&G Emerging Markets Corporate Bond (USD) Screened ETF, has the objective of replicating the returns of the J.P. Morgan ESG CEMBI Broad Diversified Custom Maturity Index.
Outside US estate tax
EMDH is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 EMDH's UCITS structure matters for Indian investors
EMDH 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 EMDH from India?
Yes. Indian residents can buy L&G Emerging Markets Corporate Bond Screened UCITS ETF (EMDH) 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 EMDH invest in?
Its largest holdings are MELCO RESORTS FINANCE 5.375 04DEC29 (0.6%), CENTRAL AMERICAN BOTTL 5.25 27APR29 (0.6%) and ECOPETROL S A 8.875 13JAN33 (0.5%). Corporate is its largest sector at 65.4%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of EMDH?
L&G Emerging Markets Corporate Bond Screened UCITS ETF has an expense ratio of 0.38% a year, taken from the fund's assets rather than billed to you. The fund manages about £183.2M.
Is EMDH a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G Emerging Markets Corporate Bond 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 EMDH dividends taxed in India?
L&G Emerging Markets Corporate Bond 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 EMDH?
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.