London Stock Exchange ETF segment · UCITS ETF
Invest in UBTL ETF from India
Indian and foreign residents can buy UBS Lux Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution (UBTL) units directly through Paasa.
By Paasa · Updated
UBTL at a glance
- Price
- £6.34+£0.03 (0.44%)
- Expense ratio
- 0.1%
- Day range
- £6.28 – £6.35
- Assets
- £213.7M
- Domicile
- Luxembourg
- Holdings
- 15
- Launched
- 2016
- Dividends
- Distributing
- 1 month
- -3.85%
- 6 months
- -11.15%
- YTD
- -13.94%
- 1 year
- -14.56%
- 5 years
- -50.84%
Price change, excluding dividends.
Top 10 holdings
- 1TII 1 3/8 02/15/449.7%
- 2TII 0 3/4 02/15/459.3%
- 3TII 0 3/4 02/15/428.2%
- 4TII 2 3/8 02/15/558.2%
- 5TII 2 1/8 02/15/548.0%
- 6TII 1 1/2 02/15/536.8%
- 7TII 2 1/8 02/15/416.7%
- 8TII 0 5/8 02/15/436.4%
- 9TII 0 7/8 02/15/475.8%
- 10TII 0 1/8 02/15/524.9%
UBTL holds 15 securities in total. These 10 are 73.9% of the fund.
Where the money is invested
Countries
- United States100.0%
- Other0.0%
How to invest in UBTL 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 UBTL and buy
Find the fund by its ticker, UBTL, on the London Stock Exchange ETF segment, and place your order.
Why invest in UBTL from India
What UBTL holds
The sub-fund is designed to mirror, prior to the deduction of expenses, the capital appreciation and income generated by its designated benchmark, the Bloomberg US Government 10+ Year Inflation-Linked Bond Index. This index comprises all outstanding US Treasury Inflation Protected Securities (TIPS) that have a remaining maturity period of at least a decade.
Outside US estate tax
UBTL 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 UBTL's UCITS structure matters for Indian investors
UBTL 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 UBTL from India?
Yes. Indian residents can buy UBS Lux Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution (UBTL) 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 UBTL invest in?
UBS Lux Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution holds 15 securities. Its largest holdings are TII 1 3/8 02/15/44 (9.7%), TII 0 3/4 02/15/45 (9.3%) and TII 0 3/4 02/15/42 (8.2%). It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UBTL?
UBS Lux Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about £213.7M.
Is UBTL a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Lux Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution 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 UBTL dividends taxed in India?
UBS Lux Fund Solutions - UBS BBG TIPS 10+ UCITS ETF Adis- Distribution 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 UBTL?
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.