London Stock Exchange ETF segment · UCITS ETF
Invest in UCRP ETF from India
Indian and foreign residents can buy Amundi Corporate Bond ESG UCITS ETF DR C (UCRP) units directly through Paasa.
By Paasa · Updated
UCRP at a glance
- Price
- £45.65-£0.44 (0.94%)
- Expense ratio
- 0.14%
- Day range
- £45.65 – £45.65
- Assets
- £758.0M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2018
- Dividends
- —
- 1 month
- -0.74%
- 6 months
- -1.48%
- YTD
- -1.76%
- 1 year
- -1.07%
- 5 years
- -1.36%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON.COM IN 4.875% Mar360.2%
- 2BANK OF AMER VAR Dec280.1%
- 3AMAZON.COM IN 5.3% Jul360.1%
- 4AMAZON.COM IN 4.8% Jul310.1%
- 5PFIZER INVSTM 4.75% May330.1%
- 6PFIZER INVSTM 5.3% May530.1%
- 7ABBVIE INC 3.2% Nov290.1%
- 8WELLS FARGO C VAR Apr510.1%
- 9AMAZON.COM IN 6.1% Jul560.1%
- 10GOLDMAN SACHS 6.75% Oct370.1%
These 10 are 1.2% of the fund.
Where the money is invested
Sectors
- Corporate99.7%
- Securitized0.3%
Countries
- United States83.7%
- United Kingdom4.9%
- Japan3.0%
- Canada3.0%
- Ireland0.9%
- Netherlands0.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| ECRPLSEAmundi EUR Corporate Bond ESG UCITS ETF DR (C) | 0.14% | 5.4B |
Assets are shown in each fund's own reporting currency.
How to invest in UCRP 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 UCRP and buy
Find the fund by its ticker, UCRP, on the London Stock Exchange ETF segment, and place your order.
Why invest in UCRP from India
What UCRP holds
The Amundi USD Corporate Bond ESG - UCITS ETF DR strives to accurately mirror the performance of the Bloomberg MSCI ESG US Corporate Select Index, irrespective of market trends. A core objective is also to diminish the tracking error between the Sub-Fund's net asset value and the Index's performance.
Outside US estate tax
UCRP 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 UCRP's UCITS structure matters for Indian investors
UCRP 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 UCRP from India?
Yes. Indian residents can buy Amundi Corporate Bond ESG UCITS ETF DR C (UCRP) 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 UCRP invest in?
Its largest holdings are AMAZON.COM IN 4.875% Mar36 (0.2%), BANK OF AMER VAR Dec28 (0.1%) and AMAZON.COM IN 5.3% Jul36 (0.1%). Securitized is its largest sector at 0.3%. The fund is domiciled in Luxembourg.
What is the expense ratio of UCRP?
Amundi Corporate Bond ESG UCITS ETF DR C has an expense ratio of 0.14% a year, taken from the fund's assets rather than billed to you. The fund manages about £758.0M.
Is UCRP a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Corporate Bond ESG UCITS ETF DR C 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.
What tax do I pay in India when I sell UCRP?
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.