London Stock Exchange ETF segment · UCITS ETF
Invest in NATP ETF from India
Indian and foreign residents can buy HANetf ICAV - Future of Defence UCITS ETF (NATP) units directly through Paasa.
By Paasa · Updated
NATP at a glance
- Price
- £15.41+£0.08 (0.50%)
- Expense ratio
- 0%
- Day range
- £15.25 – £15.50
- Assets
- —
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2023
- Dividends
- Accumulating
- 1 month
- -1.60%
- 6 months
- +3.28%
- YTD
- +11.18%
- 1 year
- +10.69%
- 5 years
- —
Price change, excluding dividends.
Where the money is invested
Sectors
- Industrials63.9%
- Technology36.1%
How to invest in NATP 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 NATP and buy
Find the fund by its ticker, NATP, on the London Stock Exchange ETF segment, and place your order.
Why invest in NATP from India
What NATP holds
The investment objective of the Fund is to track the price and the performance, before fees and expenses, of the EQM Future ofnDefence Index (the Index).
Outside US estate tax
NATP is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from NATP's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 NATP's UCITS structure matters for Indian investors
NATP 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 NATP from India?
Yes. Indian residents can buy HANetf ICAV - Future of Defence UCITS ETF (NATP) 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 is the expense ratio of NATP?
HANetf ICAV - Future of Defence UCITS ETF has an expense ratio of 0% a year, taken from the fund's assets rather than billed to you.
Is NATP a UCITS ETF, and why does that matter for Indian investors?
Yes. HANetf ICAV - Future of Defence 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.
Does NATP pay dividends?
No. HANetf ICAV - Future of Defence UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell NATP?
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 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.