London Stock Exchange ETF segment · UCITS ETF
Invest in UB00 ETF from India
Indian and foreign residents can buy UBS EURO STOXX 50 UCITS ETF dis (UB00) units directly through Paasa.
By Paasa · Updated
UB00 at a glance
- Price
- €62.30-€0.86 (1.35%)
- Expense ratio
- 0.06%
- Day range
- €62.29 – €62.98
- Assets
- €799.1M
- Domicile
- Luxembourg
- Holdings
- 50
- Launched
- 2001
- Dividends
- Distributing
- 1 month
- -2.70%
- 6 months
- +8.29%
- YTD
- +6.15%
- 1 year
- +10.83%
- 5 years
- +53.98%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV10.8%
- 2SIEMENS AG-REG4.6%
- 3BANCO SANTANDER SA4.2%
- 4SAP SE4.1%
- 5TOTALENERGIES SE3.9%
- 6SCHNEIDER ELECTRIC SE3.8%
- 7ALLIANZ SE-REG3.6%
- 8BANCO BILBAO VIZCAYA ARGENTA3.1%
- 9IBERDROLA SA2.8%
- 10UNICREDIT SPA2.8%
UB00 holds 50 securities in total. These 10 are 43.7% of the fund.
Where the money is invested
Sectors
- Financial Services27.4%
- Industrials20.5%
- Technology17.7%
- Consumer Cyclical8.3%
- Utilities5.4%
- Consumer Defensive5.1%
Countries
- France29.0%
- Germany28.7%
- Netherlands18.0%
- Spain11.4%
- Italy8.7%
- Finland2.5%
How to invest in UB00 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 EUR when you buy.
Step 3
Search UB00 and buy
Find the fund by its ticker, UB00, on the London Stock Exchange ETF segment, and place your order.
Why invest in UB00 from India
What UB00 holds
This investment vehicle aims to mirror the performance of the EURO STOXX 50 Index, tracking both its price and total returns. It achieves this by investing in all the constituent equities of the index, maintaining their relative weightings.
Outside US estate tax
UB00 is domiciled in Luxembourg, 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 UB00's UCITS structure matters for Indian investors
UB00 is domiciled in Luxembourg, 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 UB00 from India?
Yes. Indian residents can buy UBS EURO STOXX 50 UCITS ETF dis (UB00) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in EUR. 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 UB00 invest in?
UBS EURO STOXX 50 UCITS ETF dis holds 50 securities. Its largest holdings are ASML HOLDING NV (10.8%), SIEMENS AG-REG (4.6%) and BANCO SANTANDER SA (4.2%). Financial Services is its largest sector at 27.4%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UB00?
UBS EURO STOXX 50 UCITS ETF dis has an expense ratio of 0.06% a year, taken from the fund's assets rather than billed to you. The fund manages about €799.1M.
Is UB00 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS EURO STOXX 50 UCITS ETF dis is a UCITS fund domiciled in Luxembourg. 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 UB00 dividends taxed in India?
UBS EURO STOXX 50 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 UB00?
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 EUR/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.