London Stock Exchange ETF segment · UCITS ETF
Invest in GGRB ETF from India
Indian and foreign residents can buy WisdomTree Global Quality Dividend Growth UCITS ETF (GGRB) units directly through Paasa.
By Paasa · Updated
GGRB at a glance
- Price
- £22.32+£0.09 (0.42%)
- Expense ratio
- 0.43%
- Day range
- £22.32 – £22.37
- Assets
- £1.7B
- Domicile
- Ireland
- Holdings
- 537
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- -2.76%
- 6 months
- +12.09%
- YTD
- +5.75%
- 1 year
- +11.23%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Microsoft Corp4.6%
- 2Apple Inc4.6%
- 3AbbVie Inc2.9%
- 4Merck & Co Inc/NJ2.9%
- 5Coca-Cola Co/The2.7%
- 6Broadcom Inc2.5%
- 7Nvidia Corp2.5%
- 8Toyota Motor Corp2.2%
- 9Cisco Systems Inc2.1%
- 10UnitedHealth Group Inc1.9%
GGRB holds 537 securities in total. These 10 are 28.9% of the fund.
Where the money is invested
Sectors
- Technology22.9%
- Industrials17.9%
- Healthcare16.6%
- Consumer Cyclical15.2%
- Financial Services9.0%
- Communication Services7.7%
Countries
- United States58.9%
- Japan8.7%
- United Kingdom5.1%
- France4.1%
- Germany3.5%
- Switzerland3.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| GGRALSEWisdomTree Global Quality Dividend Growth UCITS ETF - USD Acc | 0.38% | 1.7B |
| GGRWLSEWisdomTree Global Quality Dividend Growth UCITS ETF - USD | 0.38% | 1.7B |
Assets are shown in each fund's own reporting currency.
How to invest in GGRB 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 GGRB and buy
Find the fund by its ticker, GGRB, on the London Stock Exchange ETF segment, and place your order.
Why invest in GGRB from India
What GGRB holds
This investment vehicle aims to replicate the total returns, encompassing both capital appreciation and dividend income, of the WisdomTree Global Developed Quality Dividend Growth Index, prior to any associated costs. This specific share class additionally employs a currency hedging mechanism to mitigate the impact of fluctuations in the British Pound's exchange rate.
Outside US estate tax
GGRB 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 GGRB's UCITS structure matters for Indian investors
GGRB 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 GGRB from India?
Yes. Indian residents can buy WisdomTree Global Quality Dividend Growth UCITS ETF (GGRB) 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 GGRB invest in?
WisdomTree Global Quality Dividend Growth UCITS ETF holds 537 securities. Its largest holdings are Microsoft Corp (4.6%), Apple Inc (4.6%) and AbbVie Inc (2.9%). Technology is its largest sector at 22.9%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of GGRB?
WisdomTree Global Quality Dividend Growth UCITS ETF has an expense ratio of 0.43% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.7B.
Is GGRB a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Global Quality Dividend Growth 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.
How are GGRB dividends taxed in India?
WisdomTree Global Quality Dividend Growth 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 GGRB?
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 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.