London Stock Exchange ETF segment · UCITS ETF
Invest in RENW ETF from India
Indian and foreign residents can buy L&G Clean Energy UCITS ETF (RENW) units directly through Paasa.
By Paasa · Updated
RENW at a glance
- Price
- $15.49+$0.16 (1.07%)
- Expense ratio
- 0.49%
- Day range
- $15.44 – $15.58
- Assets
- $749.0M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2020
- Dividends
- —
- 1 month
- -4.57%
- 6 months
- +0.12%
- YTD
- +12.97%
- 1 year
- +23.90%
- 5 years
- +22.69%
Price change, excluding dividends.
Top 10 holdings
- 1GENERAC HLDGS INC USD 0.011.9%
- 2HANWHA SOLUTIONS CORP KRW 5000.01.8%
- 3NORTHLAND PWR INC NPV1.8%
- 4ALFEN N.V. EUR 0.1 144A1.8%
- 5NVENT ELECTRIC PLC USD 0.011.8%
- 6NXP SEMICONDUCTORS NV EUR 0.21.8%
- 7QUANTA SVCS INC USD 0.000011.8%
- 8ENERGY VAULT HLDGS INC USD 0.00011.8%
- 9EMERSON EL COM USD0.501.8%
- 10NORDEX SE NPV1.8%
These 10 are 18.0% of the fund.
Where the money is invested
Sectors
- Industrials53.5%
- Utilities22.9%
- Technology19.1%
- Consumer Cyclical2.9%
- Energy1.6%
Countries
- United States30.9%
- Spain9.7%
- Germany9.0%
- Japan8.1%
- France4.9%
- Denmark4.8%
How to invest in RENW 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 RENW and buy
Find the fund by its ticker, RENW, on the London Stock Exchange ETF segment, and place your order.
Why invest in RENW from India
What RENW holds
The L&G Clean Energy UCITS Exchange Traded Fund (ETF) is structured to replicate the financial performance of the Solactive Clean Energy Index NTR.
Outside US estate tax
RENW 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
RENW 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 RENW's UCITS structure matters for Indian investors
RENW 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 RENW from India?
Yes. Indian residents can buy L&G Clean Energy UCITS ETF (RENW) 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 RENW invest in?
Its largest holdings are GENERAC HLDGS INC USD 0.01 (1.9%), HANWHA SOLUTIONS CORP KRW 5000.0 (1.8%) and NORTHLAND PWR INC NPV (1.8%). Industrials is its largest sector at 53.5%. The fund is domiciled in Ireland.
What is the expense ratio of RENW?
L&G Clean Energy UCITS ETF has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $749.0M.
Is RENW a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G Clean Energy 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 RENW?
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.