London Stock Exchange ETF segment · UCITS ETF
Invest in UB0D ETF from India
Indian and foreign residents can buy UBS Core MSCI Japan UCITS ETF hGBP dis (UB0D) units directly through Paasa.
By Paasa · Updated
UB0D at a glance
- Price
- £32.91-£0.37 (1.10%)
- Expense ratio
- 0.15%
- Day range
- £32.91 – £33.16
- Assets
- £6.3B
- Domicile
- Luxembourg
- Holdings
- 202
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- -1.56%
- 6 months
- +16.87%
- YTD
- +21.08%
- 1 year
- +33.74%
- 5 years
- +134.03%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GRO8306.T4.8%
- 2TOYOTA MOTOR CORP7203.T3.5%
- 3SUMITOMO MITSUI FINANCIAL GR8316.T3.0%
- 4HITACHI LTD6501.T3.0%
- 5ADVANTEST CORP6857.T2.9%
- 6SOFTBANK GROUP CORP9984.T2.9%
- 7TOKYO ELECTRON LTD8035.T2.8%
- 8RECRUIT HOLDINGS CO LTD6098.T2.8%
- 9SONY GROUP CORP6758.T2.6%
- 10MIZUHO FINANCIAL GROUP INC8411.T2.4%
UB0D holds 202 securities in total. These 10 are 30.9% of the fund.
Where the money is invested
Sectors
- Industrials23.1%
- Technology20.9%
- Financial Services19.2%
- Consumer Cyclical11.7%
- Communication Services9.4%
- Healthcare5.4%
Countries
- Japan99.5%
- Other0.5%
How to invest in UB0D 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 UB0D and buy
Find the fund by its ticker, UB0D, on the London Stock Exchange ETF segment, and place your order.
Why invest in UB0D from India
What UB0D holds
The UBS (Lux) Fund Solutions - MSCI Japan UCITS ETF sub-fund aims to track, before expenses, the price and income performance of the price of the MSCI Japan Index (Net Return) (this sub-fund's Index).
Outside US estate tax
UB0D 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 UB0D's UCITS structure matters for Indian investors
UB0D 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 UB0D from India?
Yes. Indian residents can buy UBS Core MSCI Japan UCITS ETF hGBP dis (UB0D) 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 UB0D invest in?
UBS Core MSCI Japan UCITS ETF hGBP dis holds 202 securities. Its largest holdings are MITSUBISHI UFJ FINANCIAL GRO (4.8%), TOYOTA MOTOR CORP (3.5%) and SUMITOMO MITSUI FINANCIAL GR (3.0%). Industrials is its largest sector at 23.1%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UB0D?
UBS Core MSCI Japan UCITS ETF hGBP dis has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about £6.3B.
Is UB0D a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Core MSCI Japan UCITS ETF hGBP 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 UB0D dividends taxed in India?
UBS Core MSCI Japan UCITS ETF hGBP 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 UB0D?
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.