London Stock Exchange ETF segment · UCITS ETF
Invest in UC82 ETF from India
Indian and foreign residents can buy UBS Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (UC82) units directly through Paasa.
By Paasa · Updated
UC82 at a glance
- Price
- £12.03+£0.00 (0.00%)
- Expense ratio
- 0.19%
- Day range
- £12.01 – £12.03
- Assets
- £1.0B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -1.31%
- 6 months
- -3.08%
- YTD
- -5.26%
- 1 year
- -4.22%
- 5 years
- -13.80%
Price change, excluding dividends.
Top 10 holdings
- 1SPCX 5.35 07/15/311.6%
- 2AMAZON.COM INC 4.25%/26-1303311.2%
- 3CRM 4.65 03/15/291.0%
- 4AMZN 4.8 07/09/311.0%
- 5NVDA 4 1/2 06/15/310.9%
- 6META 4.2 11/15/300.9%
- 7GOLDMAN SACHS GROUP INC ff frn/26-2101290.9%
- 8WFC 5.15 04/23/310.9%
- 9GS 4.516 01/21/320.9%
- 10CRM 4 1/2 03/15/280.8%
These 10 are 10.2% of the fund.
Where the money is invested
Countries
- United States99.2%
- Other0.8%
How to invest in UC82 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 UC82 and buy
Find the fund by its ticker, UC82, on the London Stock Exchange ETF segment, and place your order.
Why invest in UC82 from India
What UC82 holds
This fund aims to mirror the total return performance of the Bloomberg US Liquid Corporates 1-5 Year Total Return Index, with its currency exposure hedged to British Pounds. It achieves this by investing directly in the debt securities comprising the index.
Outside US estate tax
UC82 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 UC82's UCITS structure matters for Indian investors
UC82 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 UC82 from India?
Yes. Indian residents can buy UBS Bloomberg US Liquid Corporates 1-5 Year UCITS ETF (UC82) 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 UC82 invest in?
Its largest holdings are SPCX 5.35 07/15/31 (1.6%), AMAZON.COM INC 4.25%/26-130331 (1.2%) and CRM 4.65 03/15/29 (1.0%). It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of UC82?
UBS Bloomberg US Liquid Corporates 1-5 Year UCITS ETF has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.0B.
Is UC82 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Bloomberg US Liquid Corporates 1-5 Year UCITS ETF 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 UC82 dividends taxed in India?
UBS Bloomberg US Liquid Corporates 1-5 Year UCITS ETF 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 UC82?
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.