London Stock Exchange ETF segment · UCITS ETF
Invest in T1AP ETF from India
Indian and foreign residents can buy Invesco US Treasury Bond 0-1 Year UCITS ETF (T1AP) units directly through Paasa.
By Paasa · Updated
T1AP at a glance
- Price
- £36.96-£0.06 (0.16%)
- Expense ratio
- 0.06%
- Day range
- £36.96 – £36.96
- Assets
- £449.2M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2020
- Dividends
- —
- 1 month
- +2.44%
- 6 months
- +2.33%
- YTD
- +4.37%
- 1 year
- +5.45%
- 5 years
- +21.44%
Price change, excluding dividends.
Top 10 holdings
- 1US TSY N/B 1.5% 31/01/273.3%
- 2US TSY N/B 4.25% 31/12/263.1%
- 3US TSY N/B 3.875% 31/03/273.1%
- 4US TSY N/B 3.75% 30/06/273.1%
- 5US TSY N/B 3.75% 30/04/273.0%
- 6US TSY N/B 3.875% 31/07/273.0%
- 7US TSY N/B 4.125% 28/02/273.0%
- 8US TSY N/B 4.125% 31/10/262.9%
- 9US TSY N/B 3.625% 31/08/272.9%
- 10US TSY N/B 3.875% 31/05/272.8%
These 10 are 30.3% of the fund.
Where the money is invested
Sectors
- Government44.8%
Countries
- United States102.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| TIGBLSEInvesco US Treasury Bond 0-1 Year UCITS ETF | 0.1% | 448.5M |
| TRISLSEInvesco US Treasury Bond 0-1 Year UCITS ETF | 0.06% | 449.2M |
| TREILSEInvesco US Treasury Bond 0-1 Year UCITS ETF | 0.06% | 595.8M |
| TRIALSEInvesco US Treasury Bond 0-1 Year UCITS ETF | 0.06% | 595.8M |
| T1EUXETRAInvesco US Treasury Bond 0-1 Year UCITS ETF | 0.1% | 524.5M |
Assets are shown in each fund's own reporting currency.
How to invest in T1AP 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 T1AP and buy
Find the fund by its ticker, T1AP, on the London Stock Exchange ETF segment, and place your order.
Why invest in T1AP from India
What T1AP holds
This fund endeavors to replicate the total return of the Bloomberg US Treasury Coupons Index, net of all associated fees. The benchmark index focuses on U.S. government debt securities: specifically, fixed-rate, U.S. dollar-denominated nominal bonds issued by the U.S. Treasury, with maturities between one month and twelve months.
Outside US estate tax
T1AP 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 T1AP's UCITS structure matters for Indian investors
T1AP is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy T1AP from India?
Yes. Indian residents can buy Invesco US Treasury Bond 0-1 Year UCITS ETF (T1AP) 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 T1AP invest in?
Its largest holdings are US TSY N/B 1.5% 31/01/27 (3.3%), US TSY N/B 4.25% 31/12/26 (3.1%) and US TSY N/B 3.875% 31/03/27 (3.1%). Government is its largest sector at 44.8%. The fund is domiciled in Ireland.
What is the expense ratio of T1AP?
Invesco US Treasury Bond 0-1 Year UCITS ETF has an expense ratio of 0.06% a year, taken from the fund's assets rather than billed to you. The fund manages about £449.2M.
Is T1AP a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco US Treasury Bond 0-1 Year 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.
What tax do I pay in India when I sell T1AP?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.