London Stock Exchange ETF segment · UCITS ETF
Invest in LDEM ETF from India
Indian and foreign residents can buy L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF (LDEM) units directly through Paasa.
By Paasa · Updated
LDEM at a glance
- Price
- $13.37-$0.01 (0.10%)
- Expense ratio
- 0.45%
- Day range
- $13.28 – $13.45
- Assets
- $66.3M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -3.60%
- 6 months
- +5.69%
- YTD
- +11.51%
- 1 year
- +14.96%
- 5 years
- +38.12%
Price change, excluding dividends.
Top 10 holdings
- 1WELSPUN CORP LTD INR 5.00.7%
- 2MEDIATEK INC TWD 10.00.3%
- 3AURAS TECHNOLOGY CO LTD TWD 10.00.3%
- 4WPG HOLDINGS LTD TWD 10.00.3%
- 5KGI FINANCIAL HOLDING CO L TWD 10.00.3%
- 6UNITED MICROELECTRONICS CO TWD 10.00.3%
- 7CHIPBOND TECHNOLOGY CORP TWD 10.00.3%
- 8UNIMICRON TECHNOLOGY CORP TWD 10.00.3%
- 9BIZLINK HOLDING INC TWD 10.00.3%
- 10FIRST FINANCIAL HOLDING CO TWD 10.00.3%
These 10 are 3.6% of the fund.
Where the money is invested
Sectors
- Financial Services26.0%
- Technology16.3%
- Industrials13.1%
- Consumer Cyclical7.9%
- Consumer Defensive7.8%
- Basic Materials7.8%
Countries
- China24.7%
- Taiwan22.8%
- Brazil8.2%
- India5.8%
- Malaysia5.0%
- Hong Kong4.9%
How to invest in LDEM 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 LDEM and buy
Find the fund by its ticker, LDEM, on the London Stock Exchange ETF segment, and place your order.
Why invest in LDEM from India
What LDEM holds
The L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF is structured to replicate the performance achieved by the FTSE Emerging All Cap ex CW ex TC ex REITS Dividend Growth with Quality Net Tax Index.
Outside US estate tax
LDEM 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
LDEM 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 LDEM's UCITS structure matters for Indian investors
LDEM 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 LDEM from India?
Yes. Indian residents can buy L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF (LDEM) 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 LDEM invest in?
Its largest holdings are WELSPUN CORP LTD INR 5.0 (0.7%), MEDIATEK INC TWD 10.0 (0.3%) and AURAS TECHNOLOGY CO LTD TWD 10.0 (0.3%). Financial Services is its largest sector at 26.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of LDEM?
L&G Emerging Markets Quality Dividends Equal Weight UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $66.3M.
Is LDEM a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G Emerging Markets Quality Dividends Equal Weight 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.
How are LDEM dividends taxed in India?
L&G Emerging Markets Quality Dividends Equal Weight 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 LDEM?
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.