SIX Swiss Exchange · UCITS ETF
Invest in SPESGE ETF from India
Indian and foreign residents can buy UBS S&P 500 ESG Elite UCITS ETF (SPESGE) units directly through Paasa.
By Paasa · Updated
SPESGE at a glance
- Price
- $29.38-$0.23 (0.76%)
- Expense ratio
- 0.15%
- Day range
- $29.31 – $29.38
- Assets
- $1.5B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- Accumulating
- 1 month
- +0.20%
- 6 months
- +34.34%
- YTD
- +24.65%
- 1 year
- +34.03%
- 5 years
- +103.41%
Price change, excluding dividends.
Top 10 holdings
- 1MICRON TECHNOLOGY INCMU9.6%
- 2MICROSOFT CORPMSFT4.9%
- 3VISA INC-CLASS A SHARESV4.9%
- 4INTEL CORPINTC4.8%
- 5NVIDIA CORPNVDA4.7%
- 6ABBVIE INCABBV3.7%
- 7MASTERCARD INC - AMA3.6%
- 8CISCO SYSTEMS INCCSCO3.3%
- 9LAM RESEARCH CORPLRCX3.0%
- 10BANK OF AMERICA CORPBAC2.9%
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 SPESGE 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 SPESGE and buy
Find the fund by its ticker, SPESGE, on the SIX Swiss Exchange, and place your order.
Why invest in SPESGE from India
What SPESGE holds
This fund is designed to passively track the performance of the S&P 500 Elite ESG Index USD. Its primary goal is to replicate the price movements and overall returns of this benchmark, after accounting for all operational costs.
Outside US estate tax
SPESGE is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from SPESGE's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
SPESGE 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 SPESGE's UCITS structure matters for Indian investors
SPESGE 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 SPESGE from India?
Yes. Indian residents can buy UBS S&P 500 ESG Elite UCITS ETF (SPESGE) through Paasa. It is listed on the SIX Swiss Exchange 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 SPESGE invest in?
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 an accumulating fund domiciled in Ireland.
What is the expense ratio of SPESGE?
UBS S&P 500 ESG Elite UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
Is SPESGE a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS S&P 500 ESG Elite 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.
Does SPESGE pay dividends?
No. UBS S&P 500 ESG Elite UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell SPESGE?
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.