London Stock Exchange ETF segment · UCITS ETF
Invest in TIGR ETF from India
Indian and foreign residents can buy L&G India INR Government Bond UCITS ETF (TIGR) units directly through Paasa.
By Paasa · Updated
TIGR at a glance
- Price
- $7.43-$0.02 (0.30%)
- Expense ratio
- 0.39%
- Day range
- $7.36 – $7.43
- Assets
- $681.4M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -2.06%
- 6 months
- -2.44%
- YTD
- -10.65%
- 1 year
- -10.76%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1INDIA GOVERNMENT BOND 6.68 07JUL404.7%
- 2INDIA GOVERNMENT BOND 6.48 06OCT353.9%
- 3INDIA GOVERNMENT BOND 7.3 19JUN533.8%
- 4INDIA GOVERNMENT BOND 6.33 05MAY353.4%
- 5INDIA GOVERNMENT BOND 7.18 24JUL373.3%
- 6INDIA GOVERNMENT BOND 6.79 07OCT343.2%
- 7INDIA GOVERNMENT BOND 7.18 14AUG333.1%
- 8INDIA GOVERNMENT BOND 7.1 08APR343.1%
- 9INDIA GOVERNMENT BOND 7.41 19DEC363.1%
- 10INDIA GOVERNMENT BOND 7.36 12SEP523.0%
These 10 are 34.6% of the fund.
Where the money is invested
Countries
- India85.5%
- Other4.9%
- United States4.3%
- Venezuela3.4%
- Luxembourg0.8%
- China0.6%
How to invest in TIGR 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 TIGR and buy
Find the fund by its ticker, TIGR, on the London Stock Exchange ETF segment, and place your order.
Why invest in TIGR from India
What TIGR holds
The L&G India INR Government Bond UCITS ETF is structured to replicate the financial outcomes delivered by the J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index.
Outside US estate tax
TIGR 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
TIGR 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 TIGR's UCITS structure matters for Indian investors
TIGR 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 TIGR from India?
Yes. Indian residents can buy L&G India INR Government Bond UCITS ETF (TIGR) 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 TIGR invest in?
Its largest holdings are INDIA GOVERNMENT BOND 6.68 07JUL40 (4.7%), INDIA GOVERNMENT BOND 6.48 06OCT35 (3.9%) and INDIA GOVERNMENT BOND 7.3 19JUN53 (3.8%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of TIGR?
L&G India INR Government Bond UCITS ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about $681.4M.
Is TIGR a UCITS ETF, and why does that matter for Indian investors?
Yes. L&G India INR Government Bond 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.
How are TIGR dividends taxed in India?
L&G India INR Government Bond UCITS ETF 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 TIGR?
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 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.