London Stock Exchange ETF segment · UCITS ETF
Invest in NUCG ETF from India
Indian and foreign residents can buy VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG) units directly through Paasa.
By Paasa · Updated
NUCG at a glance
- Price
- £37.10-£0.05 (0.12%)
- Expense ratio
- 0.55%
- Day range
- £37.02 – £37.70
- Assets
- £1.6B
- Domicile
- Ireland
- Holdings
- 25
- Launched
- 2023
- Dividends
- —
- 1 month
- -8.75%
- 6 months
- -11.55%
- YTD
- -8.07%
- 1 year
- -14.80%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Cameco Corp14.6%
- 2Sprott Physical Uranium Trust7.1%
- 3Nexgen Energy Ltd6.9%
- 4Oklo Inc6.1%
- 5Hitachi Ltd5.8%
- 6Fuji Electric Co Ltd5.6%
- 7Mitsubishi Heavy Industries Ltd5.5%
- 8Atkinsrealis Group Inc5.5%
- 9Ihi Corp5.4%
- 10Samsung C&T Corp5.3%
NUCG holds 25 securities in total. These 10 are 67.7% of the fund.
Where the money is invested
Sectors
- Industrials46.3%
- Energy39.7%
- Financial Services7.1%
- Utilities6.1%
- Technology0.8%
Countries
- Canada36.7%
- Japan25.5%
- United States22.4%
- South Korea7.1%
- Australia4.4%
- United Kingdom1.8%
How to invest in NUCG 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 NUCG and buy
Find the fund by its ticker, NUCG, on the London Stock Exchange ETF segment, and place your order.
Why invest in NUCG from India
What NUCG holds
With global electricity consumption consistently expanding, the critical demand for clean and dependable energy solutions intensifies. Nuclear power represents a pivotal element of a sustainable energy framework, distinguished by its high efficiency and remarkably low carbon footprint.
Outside US estate tax
NUCG is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 NUCG's UCITS structure matters for Indian investors
NUCG 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 NUCG from India?
Yes. Indian residents can buy VanEck Uranium and Nuclear Technologies UCITS ETF (NUCG) 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 does NUCG invest in?
VanEck Uranium and Nuclear Technologies UCITS ETF holds 25 securities. Its largest holdings are Cameco Corp (14.6%), Sprott Physical Uranium Trust (7.1%) and Nexgen Energy Ltd (6.9%). Industrials is its largest sector at 46.3%. The fund is domiciled in Ireland.
What is the expense ratio of NUCG?
VanEck Uranium and Nuclear Technologies UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.6B.
Is NUCG a UCITS ETF, and why does that matter for Indian investors?
Yes. VanEck Uranium and Nuclear Technologies 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 NUCG?
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.