XETRA · UCITS ETF
Invest in G2XJ ETF from India
Indian and foreign residents can buy VanEck Junior Gold Miners UCITS ETF (G2XJ) units directly through Paasa.
By Paasa · Updated
G2XJ at a glance
- Price
- €92.90-€0.24 (0.26%)
- Expense ratio
- 0.55%
- Day range
- €91.70 – €94.06
- Assets
- €1.1B
- Domicile
- Ireland
- Holdings
- 153
- Launched
- 2015
- Dividends
- —
- 1 month
- -6.45%
- 6 months
- -8.31%
- YTD
- +0.68%
- 1 year
- +21.07%
- 5 years
- +229.32%
Price change, excluding dividends.
Top 10 holdings
- 1Coeur Mining Inc6.6%
- 2Alamos Gold Inc6.4%
- 3Equinox Gold Corp5.8%
- 4Endeavour Mining Plc5.5%
- 5Iamgold Corp5.1%
- 6Industrias Penoles Sab De Cv2.6%
- 7Hecla Mining Co2.4%
- 8First Majestic Silver Corp2.3%
- 9Dundee Precious Metals Inc1.9%
- 10G Mining Ventures Corp1.9%
G2XJ holds 153 securities in total. These 10 are 40.6% of the fund.
Where the money is invested
Countries
- Canada54.8%
- Australia13.7%
- United States12.6%
- United Kingdom6.2%
- Mexico2.7%
- South Africa2.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| GDXJAMEXVanEck Junior Gold Miners ETF | 0.52% | 8.4B |
| GJGBLSEVanEck Junior Gold Miners UCITS ETF | 0.55% | 953.4M |
| GDXJLSEVanEck Junior Gold Miners UCITS ETF | 0.55% | 1.3B |
Assets are shown in each fund's own reporting currency.
How to invest in G2XJ 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 EUR when you buy.
Step 3
Search G2XJ and buy
Find the fund by its ticker, G2XJ, on XETRA, and place your order.
Why invest in G2XJ from India
What G2XJ holds
The VanEck Junior Gold Miners UCITS ETF invests in the equity of smaller gold mining companies, a number of which are in the nascent stages of exploration. These developing gold producers play a crucial role in expanding the gold supply and are significant beneficiaries when demand for the precious metal increases.
Outside US estate tax
G2XJ 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 G2XJ's UCITS structure matters for Indian investors
G2XJ 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 G2XJ from India?
Yes. Indian residents can buy VanEck Junior Gold Miners UCITS ETF (G2XJ) through Paasa. It is listed on XETRA and trades in EUR. 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 G2XJ invest in?
VanEck Junior Gold Miners UCITS ETF holds 153 securities. Its largest holdings are Coeur Mining Inc (6.6%), Alamos Gold Inc (6.4%) and Equinox Gold Corp (5.8%). The fund is domiciled in Ireland.
What is the expense ratio of G2XJ?
VanEck Junior Gold Miners UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.1B.
Is G2XJ a UCITS ETF, and why does that matter for Indian investors?
Yes. VanEck Junior Gold Miners 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.
What tax do I pay in India when I sell G2XJ?
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 EUR/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.