London Stock Exchange ETF segment · UCITS ETF
Invest in PRUK ETF from India
Indian and foreign residents can buy Amundi Prime UK Mid & Small UCITS ETF DR - D (PRUK) units directly through Paasa.
By Paasa · Updated
PRUK at a glance
- Price
- £26.03+£0.20 (0.76%)
- Expense ratio
- 0.05%
- Day range
- £25.75 – £26.21
- Assets
- £344.8M
- Domicile
- Luxembourg
- Holdings
- 153
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- -1.23%
- 6 months
- +17.28%
- YTD
- +10.79%
- 1 year
- +8.71%
- 5 years
- -4.75%
Price change, excluding dividends.
Top 10 holdings
- 1BALFOUR BEATTY PLC2.3%
- 2WPP PLC2.2%
- 3ROTORK PLC2.0%
- 4MAN GROUP PLC/JERSEY1.9%
- 5RS GROUP PLC1.8%
- 6TAYLOR WIMPEY1.6%
- 7ROSEBANK INDUSTRIES PLC1.6%
- 8JOHNSON MATTHEY PLC1.5%
- 9DRAX GROUP PLC1.4%
- 10CRANSWICK PLC1.4%
PRUK holds 153 securities in total. These 10 are 17.7% of the fund.
Where the money is invested
Sectors
- Industrials25.0%
- Financial Services17.8%
- Consumer Cyclical15.3%
- Real Estate8.1%
- Communication Services7.1%
- Basic Materials7.0%
Countries
- United Kingdom89.8%
- Jersey4.8%
- South Africa1.6%
- Bermuda1.1%
- Guernsey0.7%
- Georgia0.7%
How to invest in PRUK 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 PRUK and buy
Find the fund by its ticker, PRUK, on the London Stock Exchange ETF segment, and place your order.
Why invest in PRUK from India
What PRUK holds
The AMUNDI PRIME UK MID AND SMALL CAP - UCITS ETF DR is designed to closely track the performance of the Solactive United Kingdom Mid & Small Cap ex Investment Trust Index (Net Total Return), mirroring its movements whether positive or negative. This exchange-traded fund provides investors with an opportunity to gain exposure to medium and smaller-sized companies listed on the UK stock market.
Outside US estate tax
PRUK is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from PRUK's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 PRUK's UCITS structure matters for Indian investors
PRUK is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy PRUK from India?
Yes. Indian residents can buy Amundi Prime UK Mid & Small UCITS ETF DR - D (PRUK) 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 PRUK invest in?
Amundi Prime UK Mid & Small UCITS ETF DR - D holds 153 securities. Its largest holdings are BALFOUR BEATTY PLC (2.3%), WPP PLC (2.2%) and ROTORK PLC (2.0%). Industrials is its largest sector at 25.0%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of PRUK?
Amundi Prime UK Mid & Small UCITS ETF DR - D has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about £344.8M.
Is PRUK a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Prime UK Mid & Small UCITS ETF DR - D is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does PRUK pay dividends?
No. Amundi Prime UK Mid & Small UCITS ETF DR - D is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell PRUK?
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.