London Stock Exchange ETF segment · UCITS ETF
Invest in UC68 ETF from India
Indian and foreign residents can buy UBS MSCI World UCITS ETF dis (UC68) units directly through Paasa.
By Paasa · Updated
UC68 at a glance
- Price
- $492.38-$3.98 (0.80%)
- Expense ratio
- 0.3%
- Day range
- $492.38 – $492.38
- Assets
- $1.7B
- Domicile
- Luxembourg
- Holdings
- 1,383
- Launched
- 2008
- Dividends
- Distributing
- 1 month
- -2.08%
- 6 months
- +17.01%
- YTD
- +9.61%
- 1 year
- +14.45%
- 5 years
- +62.08%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP5.8%
- 2APPLE INC5.5%
- 3MICROSOFT CORP4.0%
- 4AMAZON.COM INC2.7%
- 5ALPHABET INC-CL A2.2%
- 6META PLATFORMS INC-CLASS A1.8%
- 7BROADCOM INC1.8%
- 8ALPHABET INC-CL C1.8%
- 9MICRON TECHNOLOGY INC1.4%
- 10TESLA INC1.2%
UC68 holds 1,383 securities in total. These 10 are 28.2% of the fund.
Where the money is invested
Countries
- United States71.4%
- Japan5.2%
- United Kingdom3.6%
- Canada3.4%
- Switzerland2.5%
- Germany2.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| UBU7XETRAUBS Core MSCI World UCITS ETF USD dis | 0.06% | 15.7B |
Assets are shown in each fund's own reporting currency.
How to invest in UC68 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 UC68 and buy
Find the fund by its ticker, UC68, on the London Stock Exchange ETF segment, and place your order.
Why invest in UC68 from India
What UC68 holds
The fund generally invests in stocks of the companies contained in the MSCI World Index.The investment objective is to replicate the price and return performance of the MSCI World Index net of fees. The stock exchange price may differ from the net asset value.The fund is passively managed.
Outside US estate tax
UC68 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
UC68 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 UC68's UCITS structure matters for Indian investors
UC68 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 UC68 from India?
Yes. Indian residents can buy UBS MSCI World UCITS ETF dis (UC68) 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 UC68 invest in?
UBS MSCI World UCITS ETF dis holds 1,383 securities. Its largest holdings are NVIDIA CORP (5.8%), APPLE INC (5.5%) and MICROSOFT CORP (4.0%). It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UC68?
UBS MSCI World UCITS ETF dis has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.7B.
Is UC68 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI World 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 UC68 dividends taxed in India?
UBS MSCI World 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 UC68?
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.