London Stock Exchange ETF segment · UCITS ETF
Invest in UB74 ETF from India
Indian and foreign residents can buy UBS Core BBG US Treasury 1-3 UCITS ETF dis (UB74) units directly through Paasa.
By Paasa · Updated
UB74 at a glance
- Price
- £18.12+£0.11 (0.62%)
- Expense ratio
- 0.05%
- Day range
- £18.04 – £18.12
- Assets
- £100.7M
- Domicile
- Luxembourg
- Holdings
- 95
- Launched
- 2012
- Dividends
- Distributing
- 1 month
- +2.01%
- 6 months
- -0.81%
- YTD
- -1.02%
- 1 year
- +0.04%
- 5 years
- -3.24%
Price change, excluding dividends.
Top 10 holdings
- 1T 3 1/2 01/31/282.3%
- 2T 4 5/8 04/30/291.4%
- 3T 3 1/2 09/30/271.4%
- 4T 4 1/2 05/31/291.4%
- 5T 3 1/2 10/31/271.4%
- 6US TREASURY N/B1.4%
- 7T 4 1/8 08/31/281.4%
- 8UNITED STATES 3.3750% '271.4%
- 9T 3 3/4 04/30/281.4%
- 10UNITED STATES 3.3750% '271.4%
UB74 holds 95 securities in total. These 10 are 15.1% of the fund.
Where the money is invested
Countries
- United States99.9%
- Other0.1%
How to invest in UB74 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 UB74 and buy
Find the fund by its ticker, UB74, on the London Stock Exchange ETF segment, and place your order.
Why invest in UB74 from India
What UB74 holds
This exchange-traded fund (ETF) aims to replicate the performance of the Bloomberg US 1-3 Year Treasury Bond Total Return Index. The underlying index is comprised of short-term U.S. government debt securities, specifically those with remaining maturities ranging from one to three years.
Outside US estate tax
UB74 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 UB74's UCITS structure matters for Indian investors
UB74 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 UB74 from India?
Yes. Indian residents can buy UBS Core BBG US Treasury 1-3 UCITS ETF dis (UB74) 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 UB74 invest in?
UBS Core BBG US Treasury 1-3 UCITS ETF dis holds 95 securities. Its largest holdings are T 3 1/2 01/31/28 (2.3%), T 4 5/8 04/30/29 (1.4%) and T 3 1/2 09/30/27 (1.4%). It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UB74?
UBS Core BBG US Treasury 1-3 UCITS ETF dis has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about £100.7M.
Is UB74 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Core BBG US Treasury 1-3 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 UB74 dividends taxed in India?
UBS Core BBG US Treasury 1-3 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 UB74?
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.