London Stock Exchange ETF segment · UCITS ETF
Invest in SNSR ETF from India
Indian and foreign residents can buy Global X - Internet of Things UCITS ETF (SNSR) units directly through Paasa.
By Paasa · Updated
SNSR at a glance
- Price
- $18.99+$0.12 (0.61%)
- Expense ratio
- 0.6%
- Day range
- $18.94 – $19.10
- Assets
- $2.8M
- Domicile
- Ireland
- Holdings
- 69
- Launched
- 2021
- Dividends
- —
- 1 month
- +3.31%
- 6 months
- +34.48%
- YTD
- +30.86%
- 1 year
- +27.18%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1STMICROELECTRONICS NV7.4%
- 2ADVANTECH CO LTD6.4%
- 3DEXCOM INC5.8%
- 4GARMIN LTD5.8%
- 5LATTICE SEMICONDUCTOR CORP5.5%
- 6MEDIATEK INC4.7%
- 7SAMSARA INC-CL A4.4%
- 8SKYWORKS SOLUTIONS INC4.2%
- 9RAMBUS INC3.5%
- 10EMEMORY TECHNOLOGY INC2.5%
SNSR holds 69 securities in total. These 10 are 50.2% of the fund.
Where the money is invested
Sectors
- Technology78.6%
- Industrials12.2%
- Healthcare6.5%
- Basic Materials1.7%
- Communication Services0.8%
Countries
- United States55.1%
- Switzerland15.6%
- Taiwan14.0%
- France2.7%
- China2.1%
- Ireland1.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SNSRNASDAQGlobal X - Internet of Things ETF | 0.68% | 214.9M |
Assets are shown in each fund's own reporting currency.
How to invest in SNSR 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 SNSR and buy
Find the fund by its ticker, SNSR, on the London Stock Exchange ETF segment, and place your order.
Why invest in SNSR from India
What SNSR holds
The Global X Internet of Things UCITS ETF, known by its ticker SNSR, endeavors to deliver investment performance that closely mirrors the overall returns of the Indxx Global Internet of Things Thematic v2 Index. Its objective is to generally replicate the benchmark's price appreciation and income yield, with this measurement taken before the deduction of any associated fees or expenses.
Outside US estate tax
SNSR 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
SNSR 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 SNSR's UCITS structure matters for Indian investors
SNSR 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 SNSR from India?
Yes. Indian residents can buy Global X - Internet of Things UCITS ETF (SNSR) 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 SNSR invest in?
Global X - Internet of Things UCITS ETF holds 69 securities. Its largest holdings are STMICROELECTRONICS NV (7.4%), ADVANTECH CO LTD (6.4%) and DEXCOM INC (5.8%). Technology is its largest sector at 78.6%. The fund is domiciled in Ireland.
What is the expense ratio of SNSR?
Global X - Internet of Things UCITS ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.8M.
Is SNSR a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X - Internet of Things 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 SNSR?
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.