London Stock Exchange ETF segment · UCITS ETF
Invest in QUID ETF from India
Indian and foreign residents can buy PIMCO Sterling Short Maturity UCITS ETF (QUID) units directly through Paasa.
By Paasa · Updated
QUID at a glance
- Price
- £103.49-£0.07 (0.07%)
- Expense ratio
- 0.35%
- Day range
- £103.41 – £103.54
- Assets
- £106.2M
- Domicile
- Ireland
- Holdings
- 237
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- -0.17%
- 6 months
- +0.34%
- YTD
- -0.12%
- 1 year
- +0.00%
- 5 years
- +0.59%
Price change, excluding dividends.
Top 10 holdings
- 1Other net assets (liabilities)16.9%
- 2UK GILT REPO 3.78% 09/28/20265.6%
- 3KFW SR UNSEC REGS 2.13% 07/31/20285.5%
- 4UK GILT 4 3/8 03/07/28 4.38% 03/07/20283.1%
- 5NEDER WATERSCHAPSBANK SR UNSEC REGS 4.75% 01/31/20282.4%
- 6AGENCE FRANCAISE DEVELOP SR UNSEC 4.13% 07/22/20271.9%
- 7KUNTARAHOITUS OYJ 4.63% 02/01/20281.5%
- 8DEVELOPMENT BK OF JAPAN 4.38% 10/30/20271.4%
- 9CAISSE DES DEPOTS ET CON 4.00% 01/17/20291.0%
- 10TPMF 2023-V3 A1 SONIA+140 BP 5.14% 02/20/20541.0%
QUID holds 237 securities in total. These 10 are 40.4% of the fund.
Where the money is invested
Countries
- Other39.6%
- United Kingdom19.3%
- United States8.0%
- France6.6%
- Netherlands6.6%
- Germany6.0%
How to invest in QUID 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 QUID and buy
Find the fund by its ticker, QUID, on the London Stock Exchange ETF segment, and place your order.
Why invest in QUID from India
What QUID holds
The fund aims to generate income while preserving and increasing the amount originally invested
Outside US estate tax
QUID 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 QUID's UCITS structure matters for Indian investors
QUID is domiciled in Ireland, 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 QUID from India?
Yes. Indian residents can buy PIMCO Sterling Short Maturity UCITS ETF (QUID) 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 QUID invest in?
PIMCO Sterling Short Maturity UCITS ETF holds 237 securities. Its largest holdings are Other net assets (liabilities) (16.9%), UK GILT REPO 3.78% 09/28/2026 (5.6%) and KFW SR UNSEC REGS 2.13% 07/31/2028 (5.5%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of QUID?
PIMCO Sterling Short Maturity UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about £106.2M.
Is QUID a UCITS ETF, and why does that matter for Indian investors?
Yes. PIMCO Sterling Short Maturity 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.
How are QUID dividends taxed in India?
PIMCO Sterling Short Maturity UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell QUID?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.