London Stock Exchange ETF segment · UCITS ETF
Invest in GBPG ETF from India
Indian and foreign residents can buy Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF (GBPG) units directly through Paasa.
By Paasa · Updated
GBPG at a glance
- Price
- £41.75+£0.02 (0.05%)
- Expense ratio
- 0.07%
- Day range
- £41.74 – £41.88
- Assets
- £789.7M
- Domicile
- Ireland
- Holdings
- 30
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -1.05%
- 6 months
- -1.45%
- YTD
- -4.65%
- 1 year
- -2.85%
- 5 years
- -15.68%
Price change, excluding dividends.
Top 10 holdings
- 1UNITED KINGDOM OF GREAT B 4.38% 03/07/20287.2%
- 2UNITED KINGDOM OF GREAT B 4.75% 10/22/20356.6%
- 3UNITED KINGDOM OF GREAT B 4.00% 05/22/20296.4%
- 4UNITED KINGDOM OF GREAT B 4.50% 03/07/20356.3%
- 5UNITED KINGDOM OF GREAT B 4.13% 07/22/20295.8%
- 6UNITED KINGDOM OF GREAT B 4.25% 07/31/20345.5%
- 7UNITED KINGDOM OF GREAT B 4.50% 06/07/20285.5%
- 8UNITED KINGDOM OF GREAT B 4.88% 07/31/20365.2%
- 9UNITED KINGDOM OF GREAT B 4.63% 01/31/20345.1%
- 10UNITED KINGDOM OF GREAT B 0.13% 01/31/20284.6%
GBPG holds 30 securities in total. These 10 are 58.2% of the fund.
Where the money is invested
Countries
- United Kingdom100.0%
- Other0.1%
How to invest in GBPG 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 GBPG and buy
Find the fund by its ticker, GBPG, on the London Stock Exchange ETF segment, and place your order.
Why invest in GBPG from India
What GBPG holds
This passively managed fund is designed to deliver both income and long-term capital appreciation. Its core objective is to closely replicate the performance of the FTSE Goldman Sachs UK Gilts 1-10 Years Index, prior to accounting for fees and expenses.
Outside US estate tax
GBPG 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 GBPG's UCITS structure matters for Indian investors
GBPG 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 GBPG from India?
Yes. Indian residents can buy Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF (GBPG) 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 GBPG invest in?
Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF holds 30 securities. Its largest holdings are UNITED KINGDOM OF GREAT B 4.38% 03/07/2028 (7.2%), UNITED KINGDOM OF GREAT B 4.75% 10/22/2035 (6.6%) and UNITED KINGDOM OF GREAT B 4.00% 05/22/2029 (6.4%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of GBPG?
Goldman Sachs Access UK Gilts 1-10 Years UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about £789.7M.
Is GBPG a UCITS ETF, and why does that matter for Indian investors?
Yes. Goldman Sachs Access UK Gilts 1-10 Years 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 GBPG dividends taxed in India?
Goldman Sachs Access UK Gilts 1-10 Years 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 GBPG?
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.