London Stock Exchange ETF segment · UCITS ETF
Invest in SRIU ETF from India
Indian and foreign residents can buy UBS MSCI USA Socially Responsible UCITS ETF dis (SRIU) units directly through Paasa.
By Paasa · Updated
SRIU at a glance
- Price
- £18.25-£0.01 (0.06%)
- Expense ratio
- 0.19%
- Day range
- £18.21 – £18.28
- Assets
- £1.2B
- Domicile
- Ireland
- Holdings
- 200
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- +0.50%
- 6 months
- +24.17%
- YTD
- +15.70%
- 1 year
- +19.37%
- 5 years
- +65.98%
Price change, excluding dividends.
Top 10 holdings
- 1ADVANCED MICRO DEVICES6.5%
- 2TESLA INC5.4%
- 3NVIDIA CORP5.2%
- 4MICROSOFT CORP5.2%
- 5BROADCOM INC4.9%
- 6VISA INC-CLASS A SHARES3.9%
- 7CISCO SYSTEMS INC2.7%
- 8LAM RESEARCH CORP2.5%
- 9APPLIED MATERIALS INC2.4%
- 10CATERPILLAR INC2.4%
SRIU holds 200 securities in total. These 10 are 41.2% of the fund.
Where the money is invested
Sectors
- Technology44.2%
- Financial Services13.6%
- Consumer Cyclical12.4%
- Healthcare10.1%
- Industrials8.1%
- Consumer Defensive4.5%
Countries
- United States96.7%
- Ireland2.2%
- Uruguay0.5%
- Netherlands0.4%
- United Kingdom0.2%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| UC46LSEUBS MSCI USA Socially Responsible UCITS ETF USD dis | 0.22% | 888.5M |
Assets are shown in each fund's own reporting currency.
How to invest in SRIU 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 SRIU and buy
Find the fund by its ticker, SRIU, on the London Stock Exchange ETF segment, and place your order.
Why invest in SRIU from India
What SRIU holds
The core aim of this investment product is to closely reflect the capital appreciation and total income generated by the MSCI USA SRI Low Carbon Select 5% Issuer Capped Total Return Net Index, after all operational costs. It primarily allocates its holdings to the equity securities that form this specific benchmark.
Outside US estate tax
SRIU 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 SRIU's UCITS structure matters for Indian investors
SRIU 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 SRIU from India?
Yes. Indian residents can buy UBS MSCI USA Socially Responsible UCITS ETF dis (SRIU) 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 SRIU invest in?
UBS MSCI USA Socially Responsible UCITS ETF dis holds 200 securities. Its largest holdings are ADVANCED MICRO DEVICES (6.5%), TESLA INC (5.4%) and NVIDIA CORP (5.2%). Technology is its largest sector at 44.2%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of SRIU?
UBS MSCI USA Socially Responsible UCITS ETF dis has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.2B.
Is SRIU a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI USA Socially Responsible UCITS ETF dis 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 SRIU dividends taxed in India?
UBS MSCI USA Socially Responsible UCITS ETF dis 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 SRIU?
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.