London Stock Exchange ETF segment · UCITS ETF
Invest in GDIG ETF from India
Indian and foreign residents can buy VanEck S&P Global Mining UCITS ETF (GDIG) units directly through Paasa.
By Paasa · Updated
GDIG at a glance
- Price
- $62.94-$0.01 (0.02%)
- Expense ratio
- 0.5%
- Day range
- $62.94 – $64.97
- Assets
- $2.4B
- Domicile
- Ireland
- Holdings
- 188
- Launched
- 2018
- Dividends
- —
- 1 month
- -12.40%
- 6 months
- +3.57%
- YTD
- +9.54%
- 1 year
- +29.59%
- 5 years
- +125.61%
Price change, excluding dividends.
Top 10 holdings
- 1Bhp Group Ltd9.2%
- 2Newmont Corp5.9%
- 3Freeport-Mcmoran Inc4.8%
- 4Rio Tinto Plc4.7%
- 5Agnico Eagle Mines Ltd4.5%
- 6Glencore Plc3.3%
- 7Barrick Mining Corp3.2%
- 8Anglo American Plc3.0%
- 9Wheaton Precious Metals Corp2.9%
- 10Franco-Nevada Corp2.3%
GDIG holds 188 securities in total. These 10 are 43.7% of the fund.
Where the money is invested
Sectors
- Basic Materials95.4%
- Energy3.3%
- Industrials0.7%
- Technology0.6%
Countries
- Canada30.5%
- Australia19.7%
- United States18.1%
- United Kingdom9.0%
- South Africa4.5%
- China4.1%
How to invest in GDIG 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 GDIG and buy
Find the fund by its ticker, GDIG, on the London Stock Exchange ETF segment, and place your order.
Why invest in GDIG from India
What GDIG holds
This VanEck S&P Global Mining UCITS ETF allows investors to participate in the global shift towards a zero-carbon economy. There is an increasing demand for materials, fueled by both expanding developing nations and the rapid adoption of green technologies like wind and solar power.
Outside US estate tax
GDIG 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
GDIG 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 GDIG's UCITS structure matters for Indian investors
GDIG 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 GDIG from India?
Yes. Indian residents can buy VanEck S&P Global Mining UCITS ETF (GDIG) 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 GDIG invest in?
VanEck S&P Global Mining UCITS ETF holds 188 securities. Its largest holdings are Bhp Group Ltd (9.2%), Newmont Corp (5.9%) and Freeport-Mcmoran Inc (4.8%). Basic Materials is its largest sector at 95.4%. The fund is domiciled in Ireland.
What is the expense ratio of GDIG?
VanEck S&P Global Mining UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.4B.
Is GDIG a UCITS ETF, and why does that matter for Indian investors?
Yes. VanEck S&P Global Mining 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 GDIG?
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.