London Stock Exchange ETF segment · UCITS ETF
Invest in KLWD ETF from India
Indian and foreign residents can buy WisdomTree Cloud Computing UCITS ETF (KLWD) units directly through Paasa.
By Paasa · Updated
KLWD at a glance
- Price
- £30.56+£0.21 (0.68%)
- Expense ratio
- 0.4%
- Day range
- £29.99 – £30.98
- Assets
- £288.4M
- Domicile
- Ireland
- Holdings
- 68
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -0.26%
- 6 months
- +49.60%
- YTD
- +17.52%
- 1 year
- +19.66%
- 5 years
- -27.10%
Price change, excluding dividends.
Top 10 holdings
- 1Okta Inc2.3%
- 2Crowdstrike Holdings Inc - A2.1%
- 3Twilio Inc - A2.0%
- 4Netskope Inc-Cl A1.9%
- 5Cloudflare Inc - Class A1.9%
- 6Pagerduty Inc1.8%
- 7Digitalocean Holdings Inc1.8%
- 8Dynatrace Inc1.8%
- 9Datadog Inc - Class A1.8%
- 10Ringcentral Inc-Class A1.8%
KLWD holds 68 securities in total. These 10 are 19.3% of the fund.
Where the money is invested
Sectors
- Technology95.3%
- Healthcare4.7%
Countries
- United States90.7%
- Israel4.4%
- Australia1.7%
- Netherlands1.6%
- Canada1.5%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| WCLDNASDAQWisdomTree Cloud Computing Fund | 0.45% | 281.5M |
| CLOUNASDAQGlobal X - Cloud Computing ETF | 0.68% | 375.4M |
| WCLDLSEWisdomTree Cloud Computing UCITS ETF | 0.4% | 381.0M |
| WTEJXETRAWisdomTree Cloud Computing UCITS ETF - USD Acc | 0.4% | 336.0M |
| CLOLSEGlobal X - Cloud Computing UCITS ETF | 0.55% | 10.9M |
Assets are shown in each fund's own reporting currency.
How to invest in KLWD 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 KLWD and buy
Find the fund by its ticker, KLWD, on the London Stock Exchange ETF segment, and place your order.
Why invest in KLWD from India
What KLWD holds
The WisdomTree Cloud Computing UCITS ETF (referred to as “the Fund”) aims to mirror the overall return of the BVP Nasdaq Emerging Cloud Index (designated as “the Index”), which includes both its stock price movements and dividends paid net of tax. This tracking objective is calculated before factoring in the Fund’s various fees and expenses.
Outside US estate tax
KLWD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from KLWD's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 KLWD's UCITS structure matters for Indian investors
KLWD 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 KLWD from India?
Yes. Indian residents can buy WisdomTree Cloud Computing UCITS ETF (KLWD) 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 KLWD invest in?
WisdomTree Cloud Computing UCITS ETF holds 68 securities. Its largest holdings are Okta Inc (2.3%), Crowdstrike Holdings Inc - A (2.1%) and Twilio Inc - A (2.0%). Technology is its largest sector at 95.3%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of KLWD?
WisdomTree Cloud Computing UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about £288.4M.
Is KLWD a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Cloud Computing 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.
Does KLWD pay dividends?
No. WisdomTree Cloud Computing UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell KLWD?
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.