London Stock Exchange ETF segment · UCITS ETF
Invest in PCOM ETF from India
Indian and foreign residents can buy WisdomTree Broad Commodities UCITS ETF AccumUSD (PCOM) units directly through Paasa.
By Paasa · Updated
PCOM at a glance
- Price
- $17.34-$0.13 (0.74%)
- Expense ratio
- 0.19%
- Day range
- $17.25 – $17.43
- Assets
- $459.6M
- Domicile
- Ireland
- Holdings
- 24
- Launched
- 2021
- Dividends
- —
- 1 month
- +3.28%
- 6 months
- +8.85%
- YTD
- +31.66%
- 1 year
- +41.67%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Unnamed Position86.0%
- 2Wisdomtree Core Physical GldWGLD.L7.9%
- 3Apple IncAAPL7.5%
- 4Motorola IncMOT7.5%
- 5LAM RESEARCH CORPLRCX6.6%
- 6KLA CorpKLAC6.0%
- 7Microsoft CorpMSFT5.4%
- 8Amazon.com IncAMZN3.9%
- 9Union Pacific CorpUNP3.8%
- 10Goldman Sachs Group IncGS3.8%
PCOM holds 24 securities in total. These 10 are 138.3% of the fund.
Where the money is invested
Sectors
- Financial Services18.7%
- Industrials14.7%
- Consumer Defensive6.1%
- Healthcare3.7%
- Technology3.6%
- Energy2.3%
Countries
- Other52.8%
- United States35.7%
- Jersey7.9%
- United Kingdom3.4%
- Bermuda0.2%
How to invest in PCOM 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 PCOM and buy
Find the fund by its ticker, PCOM, on the London Stock Exchange ETF segment, and place your order.
Why invest in PCOM from India
What PCOM holds
The Fund seeks to track the performance, before fees and expenses of the Bloomberg Commodity Total Return Index using an innovative replication method which includes direct exposure to spot prices for the precious metals portion of the index.
Outside US estate tax
PCOM 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
PCOM 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 PCOM's UCITS structure matters for Indian investors
PCOM 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 PCOM from India?
Yes. Indian residents can buy WisdomTree Broad Commodities UCITS ETF AccumUSD (PCOM) 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 PCOM invest in?
WisdomTree Broad Commodities UCITS ETF AccumUSD holds 24 securities. Its largest holdings are Unnamed Position (86.0%), Wisdomtree Core Physical Gld (7.9%) and Apple Inc (7.5%). Financial Services is its largest sector at 18.7%. The fund is domiciled in Ireland.
What is the expense ratio of PCOM?
WisdomTree Broad Commodities UCITS ETF AccumUSD has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about $459.6M.
Is PCOM a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Broad Commodities UCITS ETF AccumUSD 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 PCOM?
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.