London Stock Exchange ETF segment · UCITS ETF
Invest in UC46 ETF from India
Indian and foreign residents can buy UBS MSCI USA Socially Responsible UCITS ETF dis (UC46) units directly through Paasa.
By Paasa · Updated
UC46 at a glance
- Price
- £223.22-£0.46 (0.21%)
- Expense ratio
- 0.22%
- Day range
- £222.11 – £224.73
- Assets
- £888.5M
- Domicile
- Luxembourg
- Holdings
- 200
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- +0.36%
- 6 months
- +24.10%
- YTD
- +15.64%
- 1 year
- +19.32%
- 5 years
- +65.35%
Price change, excluding dividends.
Top 10 holdings
- 1ADVANCED MICRO DEVICES6.5%
- 2TESLA INC5.4%
- 3NVIDIA CORP5.2%
- 4MICROSOFT CORP5.2%
- 5BROADCOM INC4.9%
- 6VISA INC-CLASS A SHARES3.9%
- 7CISCO SYSTEMS INC2.7%
- 8LAM RESEARCH CORP2.5%
- 9APPLIED MATERIALS INC2.4%
- 10CATERPILLAR INC2.4%
UC46 holds 200 securities in total. These 10 are 41.2% of the fund.
Where the money is invested
Sectors
- Technology45.0%
- Financial Services13.1%
- Consumer Cyclical12.4%
- Healthcare10.1%
- Industrials8.0%
- Consumer Defensive4.5%
Countries
- United States96.6%
- Ireland2.2%
- Uruguay0.5%
- Netherlands0.4%
- United Kingdom0.2%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SRIULSEUBS MSCI USA Socially Responsible UCITS ETF USD dis | 0.19% | 1.2B |
Assets are shown in each fund's own reporting currency.
How to invest in UC46 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 UC46 and buy
Find the fund by its ticker, UC46, on the London Stock Exchange ETF segment, and place your order.
Why invest in UC46 from India
What UC46 holds
This exchange-traded fund primarily allocates its capital to the stocks that constitute the MSCI USA SRI Low Carbon Select 5% Issuer Capped Total Return Net Index. The portfolio's holdings are weighted to precisely reflect their representation within that underlying index.
Outside US estate tax
UC46 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 UC46's UCITS structure matters for Indian investors
UC46 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 UC46 from India?
Yes. Indian residents can buy UBS MSCI USA Socially Responsible UCITS ETF dis (UC46) 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 UC46 invest in?
UBS MSCI USA Socially Responsible UCITS ETF dis holds 200 securities. Its largest holdings are ADVANCED MICRO DEVICES (6.5%), TESLA INC (5.4%) and NVIDIA CORP (5.2%). Technology is its largest sector at 45.0%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UC46?
UBS MSCI USA Socially Responsible UCITS ETF dis has an expense ratio of 0.22% a year, taken from the fund's assets rather than billed to you. The fund manages about £888.5M.
Is UC46 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI USA Socially Responsible 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 UC46 dividends taxed in India?
UBS MSCI USA Socially Responsible 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 UC46?
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.