London Stock Exchange ETF segment · UCITS ETF
Invest in LIFE ETF from India
Indian and foreign residents can buy Rize Environmental Impact 100 UCITS ETF (LIFE) units directly through Paasa.
By Paasa · Updated
LIFE at a glance
- Price
- $6.17+$0.11 (1.86%)
- Expense ratio
- 0.55%
- Day range
- $6.07 – $6.22
- Assets
- $115.0M
- Domicile
- Ireland
- Holdings
- 100
- Launched
- 2021
- Dividends
- —
- 1 month
- -2.33%
- 6 months
- +3.57%
- YTD
- +7.72%
- 1 year
- +9.05%
- 5 years
- +26.12%
Price change, excluding dividends.
Top 10 holdings
- 1MEIDENSHA CORP NPV1.4%
- 2VALMET OYJ NPV1.4%
- 3TETRA TECH INC1.4%
- 4ARCADIS NV COMSTK1.3%
- 5NIBE INDUSTRIER AB SER B NPV1.3%
- 6WEG SA COM NPV1.3%
- 7EATON CORPORATION PLC COM USD0.011.3%
- 8WATTS WATER TECHNOLOGIES INC1.3%
- 9SCHNEIDER ELECTRIC SE EUR4.001.3%
- 10WABTEC COM1.2%
LIFE holds 100 securities in total. These 10 are 13.2% of the fund.
Where the money is invested
Sectors
- Industrials55.4%
- Utilities16.2%
- Basic Materials10.9%
- Technology9.8%
- Consumer Cyclical3.4%
- Real Estate2.0%
Countries
- United States30.6%
- Japan9.1%
- France8.4%
- Sweden6.7%
- United Kingdom5.9%
- Brazil4.6%
How to invest in LIFE 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 LIFE and buy
Find the fund by its ticker, LIFE, on the London Stock Exchange ETF segment, and place your order.
Why invest in LIFE from India
What LIFE holds
The investment objective of the Fund is to replicate the performance of the Foxberry SMS Environmental Impact 100 USD Net Total Return Index while positively impacting climatic and environmental challenges (the Index). The Fund is passively managed.
Outside US estate tax
LIFE 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
LIFE 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 LIFE's UCITS structure matters for Indian investors
LIFE 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 LIFE from India?
Yes. Indian residents can buy Rize Environmental Impact 100 UCITS ETF (LIFE) 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 LIFE invest in?
Rize Environmental Impact 100 UCITS ETF holds 100 securities. Its largest holdings are MEIDENSHA CORP NPV (1.4%), VALMET OYJ NPV (1.4%) and TETRA TECH INC (1.4%). Industrials is its largest sector at 55.4%. The fund is domiciled in Ireland.
What is the expense ratio of LIFE?
Rize Environmental Impact 100 UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $115.0M.
Is LIFE a UCITS ETF, and why does that matter for Indian investors?
Yes. Rize Environmental Impact 100 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 LIFE?
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.