London Stock Exchange ETF segment · UCITS ETF
Invest in GLTA ETF from India
Indian and foreign residents can buy Invesco UK Gilts UCITS ETF (GLTA) units directly through Paasa.
By Paasa · Updated
GLTA at a glance
- Price
- £31.70+£0.00 (0.00%)
- Expense ratio
- 0.06%
- Day range
- £31.66 – £31.81
- Assets
- £335.1M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2019
- Dividends
- —
- 1 month
- -1.54%
- 6 months
- -1.23%
- YTD
- -2.50%
- 1 year
- +0.91%
- 5 years
- -23.03%
Price change, excluding dividends.
Top 10 holdings
- 1UK TSY 4.75% 07/12/302.8%
- 2UK TSY 4.375% 07/03/282.8%
- 3UK TSY 4.25% 07/06/322.7%
- 4UK TSY 4.375% 07/03/302.6%
- 5UK TSY 4% 22/05/292.6%
- 6UK TSY 4.75% 22/10/352.4%
- 7UK TSY 4.5% 07/03/352.4%
- 8UK TSY 0.875% 22/10/292.4%
- 9UK TSY 0.125% 31/01/282.3%
- 10UK TSY 4.5% 07/09/342.3%
These 10 are 25.2% of the fund.
Where the money is invested
Countries
- United Kingdom100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IGLTLSEiShares Core UK Gilts UCITS ETF | 0.07% | 3.3B |
| GLUHAMSiShares Core UK Gilts UCITS ETF | 0.09% | 654.1M |
| GLTPLSEInvesco UK Gilts UCITS ETF | 0.06% | 335.1M |
| CBUSXETRAiShares Core UK Gilts UCITS ETF | 0.09% | 316.0M |
Assets are shown in each fund's own reporting currency.
How to invest in GLTA 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 GLTA and buy
Find the fund by its ticker, GLTA, on the London Stock Exchange ETF segment, and place your order.
Why invest in GLTA from India
What GLTA holds
The Invesco UK Gilts UCITS ETF Acc endeavors to replicate the total return performance of the Bloomberg Sterling Gilt Index, net of its associated fees. This benchmark index measures the performance of investment-grade, fixed-rate public debt obligations issued by the United Kingdom government and denominated in British Pounds.
Outside US estate tax
GLTA 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 GLTA's UCITS structure matters for Indian investors
GLTA 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 GLTA from India?
Yes. Indian residents can buy Invesco UK Gilts UCITS ETF (GLTA) 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 GLTA invest in?
Its largest holdings are UK TSY 4.75% 07/12/30 (2.8%), UK TSY 4.375% 07/03/28 (2.8%) and UK TSY 4.25% 07/06/32 (2.7%). The fund is domiciled in Ireland.
What is the expense ratio of GLTA?
Invesco UK Gilts UCITS ETF has an expense ratio of 0.06% a year, taken from the fund's assets rather than billed to you. The fund manages about £335.1M.
Is GLTA a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco UK Gilts 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.
What tax do I pay in India when I sell GLTA?
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.