London Stock Exchange ETF segment · UCITS ETF
Invest in HTWO ETF from India
Indian and foreign residents can buy L&G Hydrogen Economy UCITS ETF (HTWO) units directly through Paasa.
By Paasa · Updated
HTWO at a glance
- Price
- $7.50+$0.17 (2.28%)
- Expense ratio
- 0.49%
- Day range
- $7.44 – $7.55
- Assets
- $463.7M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- -3.68%
- 6 months
- +6.12%
- YTD
- +21.02%
- 1 year
- +28.70%
- 5 years
- -9.26%
Price change, excluding dividends.
Top 10 holdings
- 1FUELCELL ENERGY INC USD 0.0001FCEL6.5%
- 2KYOCERA CO NPV6971.T6.0%
- 3BLOOM ENERGY CORP USD 0.0001BE5.1%
- 4DOOSAN FUEL CELL CO LTD KRW 100.0336260.KS4.5%
- 5IBERDROLA SA EUR 0.75IBE.MC4.4%
- 6ATLAS COPCO AB SEK 0.16ATCO-A.ST4.4%
- 7NIPPON SANSO HOLDINGS CORP NPV4091.T4.3%
- 8TOYOTA MOTOR CORP NPV7203.T4.3%
- 9AIR LIQUIDE SA EUR 5.5AI.PA4.2%
- 10AIR PRODS + CHEMS INC USD 1.0APD4.1%
These 10 are 47.9% of the fund.
Where the money is invested
Sectors
- Industrials47.5%
- Basic Materials26.8%
- Utilities12.0%
- Consumer Cyclical11.3%
- Energy2.4%
Countries
- United States28.5%
- Japan14.3%
- United Kingdom12.3%
- South Korea10.9%
- Germany5.5%
- China4.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HDROLSEVanEck Hydrogen Economy UCITS ETF | 0.55% | 110.7M |
Assets are shown in each fund's own reporting currency.
How to invest in HTWO 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 HTWO and buy
Find the fund by its ticker, HTWO, on the London Stock Exchange ETF segment, and place your order.
Why invest in HTWO from India
What HTWO holds
The L&G Hydrogen Economy UCITS ETF is designed to replicate the financial performance of the Solactive Hydrogen Economy Index NTR.
Outside US estate tax
HTWO 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
HTWO 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 HTWO's UCITS structure matters for Indian investors
HTWO 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 HTWO from India?
Yes. Indian residents can buy L&G Hydrogen Economy UCITS ETF (HTWO) 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 HTWO invest in?
Its largest holdings are FUELCELL ENERGY INC USD 0.0001 (6.5%), KYOCERA CO NPV (6.0%) and BLOOM ENERGY CORP USD 0.0001 (5.1%). Industrials is its largest sector at 47.5%. The fund is domiciled in Ireland.
What is the expense ratio of HTWO?
L&G Hydrogen Economy UCITS ETF has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $463.7M.
Is HTWO a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G Hydrogen Economy 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 HTWO?
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.