London Stock Exchange ETF segment · UCITS ETF
Invest in S5EG ETF from India
Indian and foreign residents can buy UBS Irl ETF plc - UBS S&P 500 ESG Elite UCITS ETF h (S5EG) units directly through Paasa.
By Paasa · Updated
S5EG at a glance
- Price
- £23.64-£0.06 (0.27%)
- Expense ratio
- 0.18%
- Day range
- £23.49 – £23.64
- Assets
- £1.1B
- Domicile
- Ireland
- Holdings
- 99
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- +1.69%
- 6 months
- +29.88%
- YTD
- +22.86%
- 1 year
- +31.58%
- 5 years
- +85.46%
Price change, excluding dividends.
Top 10 holdings
- 1MICRON TECHNOLOGY INC9.6%
- 2MICROSOFT CORP4.9%
- 3VISA INC-CLASS A SHARES4.9%
- 4INTEL CORP4.8%
- 5NVIDIA CORP4.7%
- 6ABBVIE INC3.7%
- 7MASTERCARD INC - A3.6%
- 8CISCO SYSTEMS INC3.3%
- 9LAM RESEARCH CORP3.0%
- 10BANK OF AMERICA CORP2.9%
S5EG holds 99 securities in total. These 10 are 45.4% of the fund.
Where the money is invested
Sectors
- Technology47.7%
- Financial Services16.8%
- Healthcare12.5%
- Industrials8.7%
- Consumer Cyclical4.0%
- Consumer Defensive3.1%
Countries
- United States92.3%
- Ireland5.5%
- Singapore1.7%
- Netherlands0.5%
How to invest in S5EG 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 S5EG and buy
Find the fund by its ticker, S5EG, on the London Stock Exchange ETF segment, and place your order.
Why invest in S5EG from India
What S5EG holds
This fund primarily allocates capital to the constituents of the S&P 500 ESG Elite Index, with its currency exposure hedged to British Pounds. The portfolio's company weightings are designed to precisely mirror those within the benchmark index.
Outside US estate tax
S5EG 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 S5EG's UCITS structure matters for Indian investors
S5EG 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 S5EG from India?
Yes. Indian residents can buy UBS Irl ETF plc - UBS S&P 500 ESG Elite UCITS ETF h (S5EG) 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 S5EG invest in?
UBS Irl ETF plc - UBS S&P 500 ESG Elite UCITS ETF h holds 99 securities. Its largest holdings are MICRON TECHNOLOGY INC (9.6%), MICROSOFT CORP (4.9%) and VISA INC-CLASS A SHARES (4.9%). Technology is its largest sector at 47.7%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of S5EG?
UBS Irl ETF plc - UBS S&P 500 ESG Elite UCITS ETF h has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.1B.
Is S5EG a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Irl ETF plc - UBS S&P 500 ESG Elite UCITS ETF h 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.
How are S5EG dividends taxed in India?
UBS Irl ETF plc - UBS S&P 500 ESG Elite UCITS ETF h 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 S5EG?
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.