London Stock Exchange ETF segment · UCITS ETF
Invest in PAUS ETF from India
Indian and foreign residents can buy Invesco MSCI USA ESG Climate Paris Aligned UCITS ETF (PAUS) units directly through Paasa.
By Paasa · Updated
PAUS at a glance
- Price
- $7.33+$0.01 (0.14%)
- Expense ratio
- 0.09%
- Day range
- $7.33 – $7.33
- Assets
- $68.7M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- -0.67%
- 6 months
- +29.29%
- YTD
- +14.18%
- 1 year
- +13.48%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP USD0.00111.4%
- 2MICROSOFT CORP USD0.000006257.4%
- 3ADVANCED MICRO DEVICES USD0.016.8%
- 4MARVELL TECHNOLOGY INC USD NPV5.8%
- 5MASTERCARD INC - A USD0.00014.8%
- 6VISA INC-CLASS A SHARES USD0.00014.2%
- 7PROLOGIS INC USD0.013.6%
- 8ANALOG DEVICES INC USD0.1673.2%
- 9DANAHER CORP USD0.013.0%
- 10APPLE INC USD0.000013.0%
These 10 are 53.2% of the fund.
Where the money is invested
Sectors
- Technology50.6%
- Financial Services18.8%
- Healthcare12.0%
- Real Estate10.0%
- Industrials4.5%
- Consumer Cyclical2.0%
Countries
- United States96.4%
- Switzerland1.7%
- Uruguay1.5%
- United Kingdom0.2%
- Ireland0.2%
- Bermuda0.0%
How to invest in PAUS 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 PAUS and buy
Find the fund by its ticker, PAUS, on the London Stock Exchange ETF segment, and place your order.
Why invest in PAUS from India
What PAUS holds
The Invesco MSCI USA ESG Climate Paris Aligned UCITS ETF seeks to replicate the net total return performance of the MSCI USA ESG Climate Paris Aligned Benchmark PAB Select Index, after accounting for its fees. This benchmark index monitors the financial performance of major and mid-sized US companies.
Outside US estate tax
PAUS 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
PAUS 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 PAUS' UCITS structure matters for Indian investors
PAUS 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 PAUS from India?
Yes. Indian residents can buy Invesco MSCI USA ESG Climate Paris Aligned UCITS ETF (PAUS) 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 PAUS invest in?
Its largest holdings are NVIDIA CORP USD0.001 (11.4%), MICROSOFT CORP USD0.00000625 (7.4%) and ADVANCED MICRO DEVICES USD0.01 (6.8%). Technology is its largest sector at 50.6%. The fund is domiciled in Ireland.
What is the expense ratio of PAUS?
Invesco MSCI USA ESG Climate Paris Aligned UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about $68.7M.
Is PAUS a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco MSCI USA ESG Climate Paris Aligned 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 PAUS?
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.