London Stock Exchange ETF segment · UCITS ETF
Invest in LGUS ETF from India
Indian and foreign residents can buy L&G US Equity UCITS ETF (LGUS) units directly through Paasa.
By Paasa · Updated
LGUS at a glance
- Price
- $31.34+$0.24 (0.76%)
- Expense ratio
- 0.05%
- Day range
- $31.22 – $31.34
- Assets
- $1.5B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2018
- Dividends
- —
- 1 month
- -0.42%
- 6 months
- +21.46%
- YTD
- +12.44%
- 1 year
- +16.89%
- 5 years
- +86.31%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP USD 0.0018.2%
- 2APPLE INC USD 0.000017.3%
- 3MICROSOFT COM USD0.000006255.8%
- 4AMAZON COM INC USD 0.013.7%
- 5ALPHABET INC CLASS A3.1%
- 6ALPHABET INC CLASS C2.7%
- 7BROADCOM INC NPV2.6%
- 8META PLATFORMS INC USD 0.0000062.5%
- 9MICRON TECHNOLOGY INC USD 0.11.9%
- 10TESLA INC USD 0.0011.7%
These 10 are 39.5% of the fund.
Where the money is invested
Sectors
- Technology39.0%
- Financial Services11.9%
- Communication Services9.8%
- Healthcare9.3%
- Consumer Cyclical9.3%
- Industrials7.6%
Countries
- United States97.9%
- Ireland1.1%
- United Kingdom0.4%
- Switzerland0.3%
- Uruguay0.1%
- Netherlands0.1%
How to invest in LGUS 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 LGUS and buy
Find the fund by its ticker, LGUS, on the London Stock Exchange ETF segment, and place your order.
Why invest in LGUS from India
What LGUS holds
The L&G US Equity UCITS ETF is engineered to mirror the financial performance of its benchmark, the Solactive Core United States Large & Mid Cap Index NTR.
Outside US estate tax
LGUS 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
LGUS 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 LGUS' UCITS structure matters for Indian investors
LGUS 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 LGUS from India?
Yes. Indian residents can buy L&G US Equity UCITS ETF (LGUS) 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 LGUS invest in?
Its largest holdings are NVIDIA CORP USD 0.001 (8.2%), APPLE INC USD 0.00001 (7.3%) and MICROSOFT COM USD0.00000625 (5.8%). Technology is its largest sector at 39.0%. The fund is domiciled in Ireland.
What is the expense ratio of LGUS?
L&G US Equity UCITS ETF has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
Is LGUS a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G US Equity 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 LGUS?
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.