London Stock Exchange ETF segment · UCITS ETF
Invest in LDCU ETF from India
Indian and foreign residents can buy PIMCO Advantage Low Duration US Corporate Bond Source Ucits ETF (LDCU) units directly through Paasa.
By Paasa · Updated
LDCU at a glance
- Price
- $97.68+$0.11 (0.11%)
- Expense ratio
- 0.25%
- Day range
- $97.46 – $97.72
- Assets
- $98.3M
- Domicile
- Ireland
- Holdings
- 515
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -2.61%
- 6 months
- -2.76%
- YTD
- -4.15%
- 1 year
- -4.28%
- 5 years
- -7.75%
Price change, excluding dividends.
Top 10 holdings
- 1FIN FUT US 2YR CBT 12/31/26 6.00% 01/01/202726.5%
- 2FIN FUT US 5YR CBT 12/31/26 6.00% 01/01/202720.7%
- 3CDX IG47 5Y 1.00% 12/20/203111.8%
- 4FIN FUT SOFR 90DAY CME (WHT) 12/15/26 12/16/20264.3%
- 5CDX IG46 5Y 1.00% 06/20/20313.5%
- 6RFR GBP SONIO/4.25000 09/16/26-5Y LCH 4.25% 09/16/20313.1%
- 7FIN FUT US ULTRA 10YR CBT 12/21/26 6.00% 12/22/20263.1%
- 8FNMA TBA 5.5% NOV 30YR 5.50% 11/12/20562.6%
- 9U S TREASURY BILLS 10/29/20262.4%
- 10AUSTRALIAN GOVERNMENT 2.75% 11/21/20282.2%
LDCU holds 515 securities in total. These 10 are 80.1% of the fund.
Where the money is invested
Sectors
- Financial Services32.5%
- Consumer Defensive11.8%
- Basic Materials11.4%
- Communication Services11.2%
- Healthcare10.9%
- Utilities9.4%
Countries
- United States81.6%
- Other20.0%
- Australia3.8%
- France1.0%
- Canada0.9%
- Israel0.5%
How to invest in LDCU 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 LDCU and buy
Find the fund by its ticker, LDCU, on the London Stock Exchange ETF segment, and place your order.
Why invest in LDCU from India
What LDCU holds
The investment objective of the Fund is to seek to maximise total return, consistent with prudent investment management.
Outside US estate tax
LDCU 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
LDCU 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 LDCU's UCITS structure matters for Indian investors
LDCU 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 LDCU from India?
Yes. Indian residents can buy PIMCO Advantage Low Duration US Corporate Bond Source Ucits ETF (LDCU) 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 LDCU invest in?
PIMCO Advantage Low Duration US Corporate Bond Source Ucits ETF holds 515 securities. Its largest holdings are FIN FUT US 2YR CBT 12/31/26 6.00% 01/01/2027 (26.5%), FIN FUT US 5YR CBT 12/31/26 6.00% 01/01/2027 (20.7%) and CDX IG47 5Y 1.00% 12/20/2031 (11.8%). Financial Services is its largest sector at 32.5%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of LDCU?
PIMCO Advantage Low Duration US Corporate Bond Source 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 $98.3M.
Is LDCU a UCITS ETF, and why does that matter for Indian investors?
Yes. PIMCO Advantage Low Duration US Corporate Bond Source 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 LDCU dividends taxed in India?
PIMCO Advantage Low Duration US Corporate Bond Source 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 LDCU?
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 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.