London Stock Exchange ETF segment · UCITS ETF
Invest in GOAT ETF from India
Indian and foreign residents can buy VanEck Morningstar Global Wide Moat UCITS ETF (GOAT) units directly through Paasa.
By Paasa · Updated
GOAT at a glance
- Price
- $36.80+$0.06 (0.15%)
- Expense ratio
- 0.52%
- Day range
- $36.69 – $36.90
- Assets
- $163.9M
- Domicile
- Ireland
- Holdings
- 75
- Launched
- 2020
- Dividends
- —
- 1 month
- +1.06%
- 6 months
- +0.20%
- YTD
- +1.39%
- 1 year
- +4.53%
- 5 years
- +37.19%
Price change, excluding dividends.
Top 10 holdings
- 1Microsoft Corp2.3%
- 2Danaher Corp2.3%
- 3Reckitt Benckiser Group Plc2.1%
- 4Estee Lauder Cos Inc/The2.1%
- 5Sony Group Corp2.1%
- 6Ambev Sa2.1%
- 7Spirax-Sarco Engineering Plc2.0%
- 8Foshan Haitian Flavouring & Food Co Ltd2.0%
- 9Taiwan Semiconductor Manufacturing Co L2.0%
- 10Bureau Veritas Sa2.0%
GOAT holds 75 securities in total. These 10 are 21.0% of the fund.
Where the money is invested
Sectors
- Industrials24.6%
- Technology20.7%
- Consumer Defensive17.8%
- Healthcare16.0%
- Financial Services7.1%
- Consumer Cyclical5.6%
Countries
- United States32.5%
- Japan13.1%
- China11.4%
- France9.8%
- United Kingdom9.7%
- Netherlands7.1%
How to invest in GOAT 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 GOAT and buy
Find the fund by its ticker, GOAT, on the London Stock Exchange ETF segment, and place your order.
Why invest in GOAT from India
What GOAT holds
The VanEck Morningstar Global Wide Moat UCITS ETF strategically invests in publicly traded companies across the globe. It specifically targets businesses that demonstrate strong, sustainable competitive advantages – often referred to as "economic moats" – and are currently trading at favorable prices.
Outside US estate tax
GOAT 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
GOAT 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 GOAT's UCITS structure matters for Indian investors
GOAT 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 GOAT from India?
Yes. Indian residents can buy VanEck Morningstar Global Wide Moat UCITS ETF (GOAT) 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 GOAT invest in?
VanEck Morningstar Global Wide Moat UCITS ETF holds 75 securities. Its largest holdings are Microsoft Corp (2.3%), Danaher Corp (2.3%) and Reckitt Benckiser Group Plc (2.1%). Industrials is its largest sector at 24.6%. The fund is domiciled in Ireland.
What is the expense ratio of GOAT?
VanEck Morningstar Global Wide Moat UCITS ETF has an expense ratio of 0.52% a year, taken from the fund's assets rather than billed to you. The fund manages about $163.9M.
Is GOAT a UCITS ETF, and why does that matter for Indian investors?
Yes. VanEck Morningstar Global Wide Moat 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 GOAT?
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.