London Stock Exchange ETF segment · UCITS ETF
Invest in GAGU ETF from India
Indian and foreign residents can buy Amundi Core Global Aggregate Bond UCITS ETF (GAGU) units directly through Paasa.
By Paasa · Updated
GAGU at a glance
- Price
- $54.96-$0.08 (0.15%)
- Expense ratio
- 0.1%
- Day range
- $54.96 – $55.08
- Assets
- $4.3B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2016
- Dividends
- Accumulating
- 1 month
- -2.79%
- 6 months
- -1.35%
- YTD
- -3.00%
- 1 year
- -2.78%
- 5 years
- -10.03%
Price change, excluding dividends.
Top 10 holdings
- 1UMBS 15YR 2.5 MBS-TBA 10/263.0%
- 2THE UNITED ST TBIP % 06Oct262.6%
- 3THE UNITED ST TBIP % 13Oct262.3%
- 4THE UNITED ST TBIP % 27Oct262.3%
- 5THE UNITED ST TBIP % 03Nov262.0%
- 6UMBS 30YR 3.0 MBS-TBA 10/261.8%
- 7GNMA2 30YR 3.0 MBS-TBA 10/261.2%
- 8UMBS 30YR 6.5 MBS-TBA 10/261.1%
- 9UMBS 30YR 3.5 MBS-TBA 10/261.0%
- 10UMBS 30YR 2.0 MBS-TBA 10/260.7%
These 10 are 17.8% of the fund.
Where the money is invested
Sectors
- Real Estate18.0%
- Healthcare16.6%
- Financial Services13.6%
- Industrials10.8%
- Consumer Cyclical10.8%
- Utilities10.3%
Countries
- United States37.2%
- China10.1%
- Other8.6%
- Japan7.5%
- France4.9%
- United Kingdom4.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| AGGULSEiShares Core Global Aggregate Bond UCITS ETF | 0.1% | 4.0B |
| AGBPLSEiShares Core Global Aggregate Bond UCITS ETF | 0.1% | 775.1M |
| VAGSLSEGlobal Aggregate Bond UCITS ETF | 0.08% | 4.8B |
| VAGFXETRAVanguard Global Aggregate Bond UCITS ETF EUR Hedged Accumulating | 0.08% | 5.6B |
| AGGGLSEiShares Core Global Aggregate Bond UCITS ETF USD | 0.1% | 2.7B |
Assets are shown in each fund's own reporting currency.
How to invest in GAGU 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 GAGU and buy
Find the fund by its ticker, GAGU, on the London Stock Exchange ETF segment, and place your order.
Why invest in GAGU from India
What GAGU holds
The Amundi Core Global Aggregate Bond UCITS ETF aims to replicate the performance of the Bloomberg Global Aggregate Index (the Index) as precisely as possible, irrespective of market trends. A core objective is also to minimize any deviation between the Sub-Fund's net asset value and the Index's returns.
Outside US estate tax
GAGU is domiciled in Luxembourg, 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 GAGU'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
GAGU 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 GAGU's UCITS structure matters for Indian investors
GAGU is domiciled in Luxembourg, 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 GAGU from India?
Yes. Indian residents can buy Amundi Core Global Aggregate Bond UCITS ETF (GAGU) 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 GAGU invest in?
Its largest holdings are UMBS 15YR 2.5 MBS-TBA 10/26 (3.0%), THE UNITED ST TBIP % 06Oct26 (2.6%) and THE UNITED ST TBIP % 13Oct26 (2.3%). Real Estate is its largest sector at 18.0%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of GAGU?
Amundi Core Global Aggregate Bond UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $4.3B.
Is GAGU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core Global Aggregate Bond UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does GAGU pay dividends?
No. Amundi Core Global Aggregate Bond 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 GAGU?
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.