London Stock Exchange ETF segment · UCITS ETF
Invest in UB30 ETF from India
Indian and foreign residents can buy UBS Core MSCI EM UCITS ETF dis (UB30) units directly through Paasa.
By Paasa · Updated
UB30 at a glance
- Price
- $170.08-$2.21 (1.28%)
- Expense ratio
- 0.15%
- Day range
- $170.08 – $170.08
- Assets
- $12.8B
- Domicile
- Luxembourg
- Holdings
- 1,296
- Launched
- 2010
- Dividends
- Distributing
- 1 month
- +0.22%
- 6 months
- +21.14%
- YTD
- +21.31%
- 1 year
- +29.28%
- 5 years
- +38.07%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFAC2330.TW15.5%
- 2SAMSUNG ELECTRONICS CO LTD005930.KS7.9%
- 3SK HYNIX INC000660.KS6.1%
- 4TENCENT HOLDINGS LTD0700.HK2.8%
- 5MEDIATEK INC2454.TW2.1%
- 6ALIBABA GROUP HOLDING LTD9988.HK1.9%
- 7SAMSUNG ELECTRONICS-PREF005935.KS1.0%
- 8DELTA ELECTRONICS INC2308.TW1.0%
- 9CHINA CONSTRUCTION BANK-H0939.HK0.8%
- 10HON HAI PRECISION INDUSTRY2317.TW0.8%
UB30 holds 1,296 securities in total. These 10 are 40.0% of the fund.
Where the money is invested
Sectors
- Technology42.0%
- Financial Services19.6%
- Consumer Cyclical8.2%
- Basic Materials6.3%
- Communication Services6.2%
- Industrials6.0%
Countries
- Taiwan (Province of China)27.3%
- Korea (the Republic of)21.1%
- China18.1%
- India11.1%
- Brazil4.1%
- South Africa2.7%
How to invest in UB30 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 UB30 and buy
Find the fund by its ticker, UB30, on the London Stock Exchange ETF segment, and place your order.
Why invest in UB30 from India
What UB30 holds
This ETF primarily invests in shares of companies located in developing economies, specifically those included in the MSCI Emerging Markets Index. However, it reserves the right to use derivative financial instruments for a small portion of markets that are otherwise difficult to access directly.
Outside US estate tax
UB30 is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
UB30 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 UB30's UCITS structure matters for Indian investors
UB30 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 UB30 from India?
Yes. Indian residents can buy UBS Core MSCI EM UCITS ETF dis (UB30) 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 UB30 invest in?
UBS Core MSCI EM UCITS ETF dis holds 1,296 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MANUFAC (15.5%), SAMSUNG ELECTRONICS CO LTD (7.9%) and SK HYNIX INC (6.1%). Technology is its largest sector at 42.0%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UB30?
UBS Core MSCI EM UCITS ETF 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 $12.8B.
Is UB30 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Core MSCI EM 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 UB30 dividends taxed in India?
UBS Core MSCI EM 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 UB30?
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 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.