London Stock Exchange ETF segment · UCITS ETF
Invest in EMLB ETF from India
Indian and foreign residents can buy PIMCO Advantage Emerging Markets Local Bond UCITS ETF (EMLB) units directly through Paasa.
By Paasa · Updated
EMLB at a glance
- Price
- $128.65-$0.38 (0.29%)
- Expense ratio
- 0.39%
- Day range
- $128.65 – $129.18
- Assets
- $308.4M
- Domicile
- Ireland
- Holdings
- 259
- Launched
- 2011
- Dividends
- —
- 1 month
- -1.92%
- 6 months
- +3.69%
- YTD
- +2.50%
- 1 year
- +4.64%
- 5 years
- +22.50%
Price change, excluding dividends.
Top 10 holdings
- 1ZCS BRL 13.9255 05/08/25-01/04/27 CME 13.93% 01/04/20276.9%
- 2MEX BONOS DESARR FIX RT 8.50% 02/28/20304.7%
- 3TURKIYE GOVERNMENT BOND 30.00% 09/12/20294.2%
- 4MEX BONOS DESARR FIX RT 7.75% 11/13/20423.8%
- 5U S TREASURY BILLS 01/05/20273.8%
- 6TITULOS DE TESORERIA 11.00% 08/22/20293.3%
- 7CHINA GOVERNMENT BOND 1.44% 09/15/20273.1%
- 8POLAND GOVERNMENT BOND 01/25/20292.9%
- 9BONOS TESORERIA PESOS 6.00% 04/01/20332.5%
- 10REPUBLIC OF SOUTH AFRICA 10.13% 03/31/20422.5%
EMLB holds 259 securities in total. These 10 are 37.8% of the fund.
Where the money is invested
Countries
- China16.6%
- Mexico13.6%
- India11.4%
- United States8.9%
- Turkey7.6%
- Indonesia7.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EMLILSEPIMCO Advantage Emerging Markets Local Bond UCITS ETF USD | 0.39% | 308.4M |
Assets are shown in each fund's own reporting currency.
How to invest in EMLB 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 EMLB and buy
Find the fund by its ticker, EMLB, on the London Stock Exchange ETF segment, and place your order.
Why invest in EMLB from India
What EMLB holds
The PIMCO Emerging Markets Advantage Local Bond Index UCITS ETF strives to mirror, as accurately as possible, the overall performance generated by its designated benchmark, the PIMCO Emerging Markets Advantage Local Currency Bond Index, prior to the deduction of any management fees or operating expenses.
Outside US estate tax
EMLB 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
EMLB 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 EMLB's UCITS structure matters for Indian investors
EMLB 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 EMLB from India?
Yes. Indian residents can buy PIMCO Advantage Emerging Markets Local Bond UCITS ETF (EMLB) 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 EMLB invest in?
PIMCO Advantage Emerging Markets Local Bond UCITS ETF holds 259 securities. Its largest holdings are ZCS BRL 13.9255 05/08/25-01/04/27 CME 13.93% 01/04/2027 (6.9%), MEX BONOS DESARR FIX RT 8.50% 02/28/2030 (4.7%) and TURKIYE GOVERNMENT BOND 30.00% 09/12/2029 (4.2%). The fund is domiciled in Ireland.
What is the expense ratio of EMLB?
PIMCO Advantage Emerging Markets Local Bond UCITS ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about $308.4M.
Is EMLB a UCITS ETF, and why does that matter for Indian investors?
Yes. PIMCO Advantage Emerging Markets Local Bond 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.
What tax do I pay in India when I sell EMLB?
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.