London Stock Exchange ETF segment · UCITS ETF
Invest in REMX ETF from India
Indian and foreign residents can buy VanEck Rare Earth and Strategic Metals UCITS ETF (REMX) units directly through Paasa.
By Paasa · Updated
REMX at a glance
- Price
- $12.66-$0.06 (0.46%)
- Expense ratio
- 0.59%
- Day range
- $12.64 – $12.83
- Assets
- $1.1B
- Domicile
- Ireland
- Holdings
- 32
- Launched
- 2021
- Dividends
- —
- 1 month
- -17.97%
- 6 months
- -26.28%
- YTD
- -14.01%
- 1 year
- +0.14%
- 5 years
- -32.48%
Price change, excluding dividends.
Top 10 holdings
- 1Sociedad Quimica Y Minera De Chile Sa8.2%
- 2Albemarle Corp8.0%
- 3Mp Materials Corp6.4%
- 4Pilbara Minerals Ltd6.1%
- 5Lynas Rare Earths Ltd6.0%
- 6China Northern Rare Earth Group High-Te5.9%
- 7Jinduicheng Molybdenum Co Ltd4.8%
- 8Xiamen Tungsten Co Ltd4.6%
- 9Lianyou Metals Co Ltd4.4%
- 10Almonty Industries Inc4.2%
REMX holds 32 securities in total. These 10 are 58.7% of the fund.
Where the money is invested
Countries
- China28.9%
- Australia25.7%
- United States21.9%
- Chile8.1%
- Taiwan4.7%
- Canada2.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| REMXAMEXVanEck Rare Earth and Strategic Metals ETF | 0.53% | 1.9B |
Assets are shown in each fund's own reporting currency.
How to invest in REMX 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 REMX and buy
Find the fund by its ticker, REMX, on the London Stock Exchange ETF segment, and place your order.
Why invest in REMX from India
What REMX holds
This fund invests in the essential materials that underpin the global energy transition and decarbonization efforts. Rare earth elements and strategic metals are experiencing significant demand, fueled by economies worldwide adopting clean technologies and the accelerating pace of innovation.
Outside US estate tax
REMX 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
REMX 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 REMX's UCITS structure matters for Indian investors
REMX 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 REMX from India?
Yes. Indian residents can buy VanEck Rare Earth and Strategic Metals UCITS ETF (REMX) 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 REMX invest in?
VanEck Rare Earth and Strategic Metals UCITS ETF holds 32 securities. Its largest holdings are Sociedad Quimica Y Minera De Chile Sa (8.2%), Albemarle Corp (8.0%) and Mp Materials Corp (6.4%). The fund is domiciled in Ireland.
What is the expense ratio of REMX?
VanEck Rare Earth and Strategic Metals UCITS ETF has an expense ratio of 0.59% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.1B.
Is REMX a UCITS ETF, and why does that matter for Indian investors?
Yes. VanEck Rare Earth and Strategic Metals 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 REMX?
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.