London Stock Exchange ETF segment · UCITS ETF
Invest in MINT ETF from India
Indian and foreign residents can buy PIMCO US Dollar Short Maturity UCITS ETF (MINT) units directly through Paasa.
By Paasa · Updated
MINT at a glance
- Price
- $100.53-$0.07 (0.07%)
- Expense ratio
- 0.35%
- Day range
- $100.52 – $100.61
- Assets
- $2.7B
- Domicile
- Ireland
- Holdings
- 602
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- +0.10%
- 6 months
- -0.08%
- YTD
- +0.22%
- 1 year
- +0.03%
- 5 years
- -0.79%
Price change, excluding dividends.
Top 10 holdings
- 1Other net assets (liabilities)23.4%
- 2ENBRIDGE US INC 4(2) DISC NT* 12/15/20261.3%
- 3DAIWA SECURITIES CO LTD SR UNSEC REGS 4.09% 02/18/20271.3%
- 4BANK OF MONTREAL SR UNSEC SOFR 4.48% 09/15/20281.2%
- 5U S TREASURY NOTE 4.13% 06/30/20311.1%
- 6QNB FINANCE LTD SR UNSEC SOFR REGS 4.79% 09/19/20271.1%
- 7ROYAL CARIBBEAN CRUISES SR UNSEC 144A 5.38% 07/15/20271.1%
- 8HSBC HOLDINGS PLC SR UNSEC SOFR 4.76% 06/09/20281.0%
- 9QNB FINANCE LTD SR UNSEC SOFR REGS 4.41% 08/26/20271.0%
- 10FHR 5513 MF SOFR30A+94BP 4.83% 11/25/20541.0%
MINT holds 602 securities in total. These 10 are 33.3% of the fund.
Where the money is invested
Sectors
- Corporate54.6%
- Securitized16.4%
- Government2.2%
Countries
- United States73.4%
- Canada5.3%
- United Kingdom5.2%
- Japan4.0%
- Cayman Islands3.1%
- Spain1.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| MISTLSEPIMCO US Dollar Short Maturity UCITS ETF | 0.4% | 11.0M |
Assets are shown in each fund's own reporting currency.
How to invest in MINT 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 MINT and buy
Find the fund by its ticker, MINT, on the London Stock Exchange ETF segment, and place your order.
Why invest in MINT from India
What MINT holds
The PIMCO US Dollar Short Maturity UCITS ETF is engineered to achieve a trifecta of objectives: generating income, safeguarding capital, and promoting its growth. To fulfill this mandate, the fund primarily allocates its assets to a diverse collection of debt instruments denominated in US dollars.
Outside US estate tax
MINT 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
MINT 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 MINT's UCITS structure matters for Indian investors
MINT 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 MINT from India?
Yes. Indian residents can buy PIMCO US Dollar Short Maturity UCITS ETF (MINT) 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 MINT invest in?
PIMCO US Dollar Short Maturity UCITS ETF holds 602 securities. Its largest holdings are Other net assets (liabilities) (23.4%), ENBRIDGE US INC 4(2) DISC NT* 12/15/2026 (1.3%) and DAIWA SECURITIES CO LTD SR UNSEC REGS 4.09% 02/18/2027 (1.3%). Corporate is its largest sector at 54.6%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of MINT?
PIMCO US Dollar Short Maturity UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.7B.
Is MINT a UCITS ETF, and why does that matter for Indian investors?
Yes. PIMCO US Dollar Short Maturity 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 MINT dividends taxed in India?
PIMCO US Dollar Short Maturity 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 MINT?
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 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.