London Stock Exchange ETF segment · UCITS ETF
Invest in ESGO ETF from India
Indian and foreign residents can buy Gold Miners Screened UCITS ETF (ESGO) units directly through Paasa.
By Paasa · Updated
ESGO at a glance
- Price
- $18.80-$0.08 (0.40%)
- Expense ratio
- 0.6%
- Day range
- $18.80 – $19.18
- Assets
- $62.9M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- Accumulating
- 1 month
- -10.73%
- 6 months
- -8.60%
- YTD
- -0.48%
- 1 year
- +11.90%
- 5 years
- +188.12%
Price change, excluding dividends.
Top 10 holdings
- 1BARRICK MINING CORP10.2%
- 2AGNICO EAGLE MINES LTD10.2%
- 3NEWMONT CORP COMMON STOCK10.0%
- 4WHEATON PRECIOUS METALS9.6%
- 5ANGLOGOLD ASHANTI PLC ZAR7.5%
- 6ROYAL MINT RESPONSIBLY5.2%
- 7GOLD FIELDS LTD ADR USD5.1%
- 8KINROSS GOLD CORP COMMON4.5%
- 9NORTHERN STAR RESOURCES3.9%
- 10ROYAL GOLD INC3.2%
These 10 are 69.5% of the fund.
Where the money is invested
Sectors
- Basic Materials94.8%
- Financial Services5.0%
Countries
- Canada51.1%
- United States24.6%
- Australia7.8%
- South Africa6.8%
- Ireland5.2%
- United Kingdom2.0%
How to invest in ESGO 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 ESGO and buy
Find the fund by its ticker, ESGO, on the London Stock Exchange ETF segment, and place your order.
Why invest in ESGO from India
What ESGO holds
The Gold Miners Screened UCITS ETF (ESGO) offers investors access to leading global gold mining and royalty businesses, uniquely incorporating a 5% holding in ethically sourced physical gold. This exchange-traded fund strategically merges the potential for capital appreciation from gold producers with the protective characteristics of tangible gold.
Outside US estate tax
ESGO is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from ESGO's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
ESGO 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 ESGO's UCITS structure matters for Indian investors
ESGO 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 ESGO from India?
Yes. Indian residents can buy Gold Miners Screened UCITS ETF (ESGO) 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 ESGO invest in?
Its largest holdings are BARRICK MINING CORP (10.2%), AGNICO EAGLE MINES LTD (10.2%) and NEWMONT CORP COMMON STOCK (10.0%). Basic Materials is its largest sector at 94.8%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of ESGO?
Gold Miners Screened UCITS ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about $62.9M.
Is ESGO a UCITS ETF, and why does that matter for Indian investors?
Yes. Gold Miners 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. 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.
Does ESGO pay dividends?
No. Gold Miners Screened UCITS ETF 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 ESGO?
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.