London Stock Exchange ETF segment · UCITS ETF
Invest in NCLR ETF from India
Indian and foreign residents can buy Wisdomtree Uranium And Nuclear Energy Ucits ETF (NCLR) units directly through Paasa.
By Paasa · Updated
NCLR at a glance
- Price
- $46.61+$0.23 (0.50%)
- Expense ratio
- 0.45%
- Day range
- $46.09 – $47.24
- Assets
- $299.3M
- Domicile
- Ireland
- Holdings
- 53
- Launched
- 2025
- Dividends
- —
- 1 month
- -14.29%
- 6 months
- -18.88%
- YTD
- -7.37%
- 1 year
- -11.69%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Cameco Corp7.5%
- 2Nexgen Energy Ltd7.5%
- 3Uranium Energy Corp7.1%
- 4Paladin Energy Ltd6.1%
- 5Energy Fuels Inc5.9%
- 6Denison Mines Corp4.9%
- 7Curtiss-Wright Corp4.3%
- 8Cgn Mining Co Ltd4.1%
- 9Doosan Heavy Industries4.0%
- 10Atkinsrealis Group Inc3.2%
NCLR holds 53 securities in total. These 10 are 54.6% of the fund.
Where the money is invested
Sectors
- Energy55.7%
- Industrials31.4%
- Basic Materials6.5%
- Utilities4.9%
- Technology0.5%
- Consumer Cyclical0.3%
Countries
- United States35.8%
- Canada23.5%
- Australia9.9%
- Korea (the Republic of)7.8%
- China5.1%
- Hong Kong3.9%
How to invest in NCLR 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 NCLR and buy
Find the fund by its ticker, NCLR, on the London Stock Exchange ETF segment, and place your order.
Why invest in NCLR from India
What NCLR holds
The WisdomTree Uranium and Nuclear Energy UCITS ETF (the Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Uranium and Nuclear Energy UCITS Index (the Index). The Index is designed to track the performance of companies involved in the uranium and nuclear energy industry.
Outside US estate tax
NCLR 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
NCLR 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 NCLR's UCITS structure matters for Indian investors
NCLR 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 NCLR from India?
Yes. Indian residents can buy Wisdomtree Uranium And Nuclear Energy Ucits ETF (NCLR) 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 NCLR invest in?
Wisdomtree Uranium And Nuclear Energy Ucits ETF holds 53 securities. Its largest holdings are Cameco Corp (7.5%), Nexgen Energy Ltd (7.5%) and Uranium Energy Corp (7.1%). Energy is its largest sector at 55.7%. The fund is domiciled in Ireland.
What is the expense ratio of NCLR?
Wisdomtree Uranium And Nuclear Energy Ucits ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $299.3M.
Is NCLR a UCITS ETF, and why does that matter for Indian investors?
Yes. Wisdomtree Uranium And Nuclear Energy 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 NCLR?
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.