Paasa Logo

London Stock Exchange ETF segment · UCITS ETF

Invest in RNRG ETF from India

Indian and foreign residents can buy Global X - Renewable Energy Producers UCITS ETF (RNRG) units directly through Paasa.

By Paasa · Updated

RNRG at a glance

Price
$11.49+$0.05 (0.45%)
Expense ratio
0.5%
Day range
$11.49 – $11.56
Assets
$9.8M
Domicile
Ireland
Holdings
28
Launched
2021
Dividends
—
1 month
-8.91%
6 months
-13.76%
YTD
-4.20%
1 year
+4.43%
5 years
—

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1AXIA ENERGIA SA7.3%
  2. 2EDP RENEWABLES SA6.4%
  3. 3ORSTED A/S6.3%
  4. 4BROOKFIELD RENEWABLE PARTNER6.0%
  5. 5BARITO RENEWABLES ENERGY TBK5.9%
  6. 6MERCURY NZ LTD5.3%
  7. 7ENLIGHT RENEWABLE ENERGY LTD5.2%
  8. 8ERG SPA5.2%
  9. 9MERIDIAN ENERGY LTD5.0%
  10. 10CONTACT ENERGY LTD5.0%

RNRG holds 28 securities in total. These 10 are 57.6% of the fund.

Where the money is invested

Sectors

  • Utilities90.9%
  • Industrials3.4%
  • Basic Materials3.0%
  • Technology2.6%

Countries

  • New Zealand14.7%
  • Spain12.9%
  • Israel9.7%
  • Indonesia9.3%
  • United States7.4%
  • Brazil7.3%

Similar funds

FundExpense ratioAssets
RNRGNASDAQGlobal X - Renewable Energy Producers ETF0.65%23.4M

Assets are shown in each fund's own reporting currency.

How to invest in RNRG from India

  1. 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.

  2. 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.

  3. Step 3

    Search RNRG and buy

    Find the fund by its ticker, RNRG, on the London Stock Exchange ETF segment, and place your order.

Why invest in RNRG from India

What RNRG holds

The Global X Renewable Energy Producers UCITS ETF, identified by the ticker RNRG.L, seeks to mirror the comprehensive returns (including both share price appreciation and dividend income) of the Indxx Renewable Energy Producers v2 Index. This tracking objective is measured before the deduction of any associated fees or expenses.

Outside US estate tax

RNRG 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

RNRG 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 RNRG's UCITS structure matters for Indian investors

RNRG 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.

See UCITS options

Frequently asked questions

Can I buy RNRG from India?

Yes. Indian residents can buy Global X - Renewable Energy Producers UCITS ETF (RNRG) 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 RNRG invest in?

Global X - Renewable Energy Producers UCITS ETF holds 28 securities. Its largest holdings are AXIA ENERGIA SA (7.3%), EDP RENEWABLES SA (6.4%) and ORSTED A/S (6.3%). Utilities is its largest sector at 90.9%. The fund is domiciled in Ireland.

What is the expense ratio of RNRG?

Global X - Renewable Energy Producers UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $9.8M.

Is RNRG a UCITS ETF, and why does that matter for Indian investors?

Yes. Global X - Renewable Energy Producers 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 RNRG?

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.

Share this guide
Get started

Build wealth in dollars, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you