London Stock Exchange ETF segment · ETF
Invest in MCUU ETF from India
Indian and foreign residents can buy UBS Bloomberg CMCI Components Total Return Copper Index (MCUU) units directly through Paasa.
By Paasa · Updated
MCUU at a glance
- Price
- $374.35+$0.00 (0.50%)
- Expense ratio
- 0.37%
- Day range
- $374.35 – $374.35
- Assets
- —
- Domicile
- Switzerland
- Holdings
- —
- Launched
- —
- Dividends
- —
- 1 month
- +1.56%
- 6 months
- +20.04%
- YTD
- +18.48%
- 1 year
- +48.91%
- 5 years
- —
Price change, excluding dividends.
How to invest in MCUU 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 MCUU and buy
Find the fund by its ticker, MCUU, on the London Stock Exchange ETF segment, and place your order.
Why invest in MCUU from India
What MCUU holds
This index, the UBS Bloomberg CMCI Copper USD Total Return Index, gauges the earnings generated by copper future contracts that are fully collateralized.
Hold a dollar asset
MCUU 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.
Frequently asked questions
Can I buy MCUU from India?
Yes. Indian residents can buy UBS Bloomberg CMCI Components Total Return Copper Index (MCUU) 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 is the expense ratio of MCUU?
UBS Bloomberg CMCI Components Total Return Copper Index has an expense ratio of 0.37% a year, taken from the fund's assets rather than billed to you.
What tax do I pay in India when I sell MCUU?
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.