London Stock Exchange ETF segment · UCITS ETF
Invest in LQGH ETF from India
Indian and foreign residents can buy iShares $ Corp Bond UCITS ETF (LQGH) units directly through Paasa.
By Paasa · Updated
LQGH at a glance
- Price
- £3.92+£0.00 (0.10%)
- Expense ratio
- 0.25%
- Day range
- £3.92 – £3.96
- Assets
- £48.4M
- Domicile
- Ireland
- Holdings
- 3,182
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -5.02%
- 6 months
- -5.94%
- YTD
- -8.35%
- 1 year
- -8.99%
- 5 years
- -27.63%
Price change, excluding dividends.
Top 10 holdings
- 1BLK ICS USD LEAF AGENCY DIST0.9%
- 2ANHEUSER-BUSCH COMPANIES LLC 4.90% 02/01/2046 (ABIBB)0.2%
- 3CVS HEALTH CORP 5.05% 03/25/2048 (CVS)0.2%
- 4SPACE EXPLORATION TECHNOLOGIES COR 144A 5.35% 07/15/2031 (SPCX)0.2%
- 5T-MOBILE USA INC 3.88% 04/15/2030 (TMUS)0.2%
- 6META PLATFORMS INC 5.25% 05/15/2036 (META)0.1%
- 7CHARTER COMMUNICATIONS OPERATING L 144A 7.09% 09/01/2038 (CHTR)0.1%
- 8AMAZON.COM INC 4.88% 03/13/2036 (AMZN)0.1%
- 9SPACE EXPLORATION TECHNOLOGIES COR 144A 5.65% 07/15/2033 (SPCX)0.1%
- 10META PLATFORMS INC 4.88% 11/15/2035 (META)0.1%
LQGH holds 3,182 securities in total. These 10 are 2.3% of the fund.
Where the money is invested
Countries
- United States85.8%
- United Kingdom3.5%
- Canada2.4%
- Japan2.0%
- Ireland1.5%
- Other1.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEACLSEiShares Core € Corp Bond UCITS ETF | 0.09% | 8.5B |
| LQDALSEiShares USD Corp Bond UCITS ETF Acc | 0.2% | 5.1B |
| LQDELSEiShares $ Corp Bond UCITS ETF | 0.2% | 3.4B |
| IEAALSEiShares Core € Corp Bond UCITS ETF | 0.09% | 3.8B |
| SLXXLSEiShares Core £ Corp Bond UCITS ETF | 0.2% | 1.3B |
Assets are shown in each fund's own reporting currency.
How to invest in LQGH 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 GBP when you buy.
Step 3
Search LQGH and buy
Find the fund by its ticker, LQGH, on the London Stock Exchange ETF segment, and place your order.
Why invest in LQGH from India
What LQGH holds
The investment objective of this Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the total return of the Markit iBoxx USD Liquid Investment Grade Index.
Outside US estate tax
LQGH 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 LQGH's UCITS structure matters for Indian investors
LQGH 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 LQGH from India?
Yes. Indian residents can buy iShares $ Corp Bond UCITS ETF (LQGH) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 LQGH invest in?
iShares $ Corp Bond UCITS ETF holds 3,182 securities. Its largest holdings are BLK ICS USD LEAF AGENCY DIST (0.9%), ANHEUSER-BUSCH COMPANIES LLC 4.90% 02/01/2046 (ABIBB) (0.2%) and CVS HEALTH CORP 5.05% 03/25/2048 (CVS) (0.2%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of LQGH?
iShares $ Corp 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 £48.4M.
Is LQGH a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares $ Corp 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 LQGH dividends taxed in India?
iShares $ Corp 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 LQGH?
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 GBP/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.