Singapore Exchange · ETF
Invest in NIU ETF from India
Indian and foreign residents can buy UTI India Nifty 50 Index ETF VCC (NIU) units directly through Paasa.
By Paasa · Updated
NIU at a glance
- Price
- $1.00+$0.00 (0.00%)
- Expense ratio
- 0%
- Day range
- $1.00 – $1.01
- Assets
- —
- Domicile
- Singapore
- Holdings
- —
- Launched
- 2026
- Dividends
- —
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| NIFSESUTI India Nifty 50 Index ETF VCC | 0% | 0.0 |
Assets are shown in each fund's own reporting currency.
How to invest in NIU 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 NIU and buy
Find the fund by its ticker, NIU, on the Singapore Exchange, and place your order.
Why invest in NIU from India
What NIU holds
UTI India Nifty 50 Index ETF VCC is a passively managed, Singapore-domiciled exchange-traded fund that seeks to track the performance of the Nifty 50 Index, which represents 50 of India's largest and most liquid publicly traded companies. The fund operates as a feeder fund, investing all or substantially all of its assets in the India-domiciled UTI Nifty 50 ETF to replicate the benchmark's returns.
Hold a dollar asset
NIU 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 NIU from India?
Yes. Indian residents can buy UTI India Nifty 50 Index ETF VCC (NIU) through Paasa. It is listed on the Singapore Exchange 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 NIU?
UTI India Nifty 50 Index ETF VCC has an expense ratio of 0% a year, taken from the fund's assets rather than billed to you.
What tax do I pay in India when I sell NIU?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. 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.