London Stock Exchange ETF segment · UCITS ETF
Invest in GDXJ ETF from India
Indian and foreign residents can buy VanEck Junior Gold Miners UCITS ETF (GDXJ) units directly through Paasa.
By Paasa · Updated
GDXJ at a glance
- Price
- $106.91+$1.37 (1.30%)
- Expense ratio
- 0.55%
- Day range
- $106.55 – $107.43
- Assets
- $1.3B
- Domicile
- Ireland
- Holdings
- 153
- Launched
- 2015
- Dividends
- —
- 1 month
- -12.57%
- 6 months
- +4.38%
- YTD
- -0.32%
- 1 year
- +20.39%
- 5 years
- +222.26%
Price change, excluding dividends.
Top 10 holdings
- 1Coeur Mining Inc6.6%
- 2Alamos Gold Inc6.5%
- 3Equinox Gold Corp5.9%
- 4Endeavour Mining Plc5.5%
- 5Iamgold Corp5.1%
- 6Industrias Penoles Sab De Cv2.7%
- 7Hecla Mining Co2.4%
- 8First Majestic Silver Corp2.3%
- 9G Mining Ventures Corp1.9%
- 10Dundee Precious Metals Inc1.9%
GDXJ holds 153 securities in total. These 10 are 40.8% of the fund.
Where the money is invested
Countries
- Canada54.3%
- United States14.7%
- Australia12.5%
- United Kingdom6.4%
- South Africa2.6%
- Mexico2.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| GDXJAMEXVanEck Junior Gold Miners ETF | 0.52% | 8.5B |
Assets are shown in each fund's own reporting currency.
How to invest in GDXJ 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 GDXJ and buy
Find the fund by its ticker, GDXJ, on the London Stock Exchange ETF segment, and place your order.
Why invest in GDXJ from India
What GDXJ holds
The VanEck Junior Gold Miners UCITS ETF allocates capital to smaller gold mining companies, many of which are engaged in the initial phases of exploration. These junior entities are crucial suppliers of new gold and are exceptionally well-positioned to capitalize on growing demand for the precious metal.
Outside US estate tax
GDXJ 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
GDXJ 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 GDXJ's UCITS structure matters for Indian investors
GDXJ 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 GDXJ from India?
Yes. Indian residents can buy VanEck Junior Gold Miners UCITS ETF (GDXJ) 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 GDXJ invest in?
VanEck Junior Gold Miners UCITS ETF holds 153 securities. Its largest holdings are Coeur Mining Inc (6.6%), Alamos Gold Inc (6.5%) and Equinox Gold Corp (5.9%). The fund is domiciled in Ireland.
What is the expense ratio of GDXJ?
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 $1.3B.
Is GDXJ 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 GDXJ?
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.