XETRA · UCITS ETF
Invest in LDCE ETF from India
Indian and foreign residents can buy PIMCO Advantage Euro Low Duration Corporate Bond UCITS ETF (LDCE) units directly through Paasa.
By Paasa · Updated
LDCE at a glance
- Price
- €98.40+€0.29 (0.30%)
- Expense ratio
- 0.25%
- Day range
- €98.34 – €98.46
- Assets
- €183.6M
- Domicile
- Ireland
- Holdings
- 535
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -2.31%
- 6 months
- -1.46%
- YTD
- -3.83%
- 1 year
- -4.21%
- 5 years
- -6.57%
Price change, excluding dividends.
Top 10 holdings
- 1CDX ITRAXX MAIN45 5Y 1.00% 06/20/203118.7%
- 2CDX ITRAXX MAIN46 5Y 1.00% 12/20/203117.1%
- 3FIN FUT US 5YR CBT 12/31/26 6.00% 01/01/202715.7%
- 4FIN FUT EURO-SCHATZ 2YR EUX 12/08/26 6.00% 12/09/202612.0%
- 5CDX IG47 5Y 1.00% 12/20/20318.9%
- 6FIN FUT EURO-BOBL 5Y EUX 12/08/26 6.00% 12/09/20267.2%
- 7CDX IG46 5Y 1.00% 06/20/20316.3%
- 8FIN FUT EURIBOR ICE (RED) 03/13/28 03/14/20286.3%
- 9FIN FUT US 2YR CBT 12/31/26 6.00% 01/01/20274.7%
- 10IRS EUR 3.00000 03/17/27-2Y LCH 3.00% 03/17/20294.2%
LDCE holds 535 securities in total. These 10 are 101.1% of the fund.
How to invest in LDCE 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 EUR when you buy.
Step 3
Search LDCE and buy
Find the fund by its ticker, LDCE, on XETRA, and place your order.
Why invest in LDCE from India
What LDCE holds
This PIMCO Euro Low Duration Corporate Bond UCITS ETF is structured to generate the highest possible total return, consistent with prudent and responsible investment oversight. Its primary strategy involves allocating capital to a diversified, actively managed collection of Euro-denominated corporate debt instruments that hold an investment-grade rating.
Outside US estate tax
LDCE 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 LDCE's UCITS structure matters for Indian investors
LDCE 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 LDCE from India?
Yes. Indian residents can buy PIMCO Advantage Euro Low Duration Corporate Bond UCITS ETF (LDCE) through Paasa. It is listed on XETRA and trades in EUR. 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 LDCE invest in?
PIMCO Advantage Euro Low Duration Corporate Bond UCITS ETF holds 535 securities. Its largest holdings are CDX ITRAXX MAIN45 5Y 1.00% 06/20/2031 (18.7%), CDX ITRAXX MAIN46 5Y 1.00% 12/20/2031 (17.1%) and FIN FUT US 5YR CBT 12/31/26 6.00% 01/01/2027 (15.7%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of LDCE?
PIMCO Advantage Euro Low Duration Corporate Bond UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €183.6M.
Is LDCE a UCITS ETF, and why does that matter for Indian investors?
Yes. PIMCO Advantage Euro Low Duration Corporate Bond 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.
How are LDCE dividends taxed in India?
PIMCO Advantage Euro Low Duration Corporate Bond 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 LDCE?
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 EUR/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.