London Stock Exchange ETF segment · UCITS ETF
Invest in UKSR ETF from India
Indian and foreign residents can buy UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF dis (UKSR) units directly through Paasa.
By Paasa · Updated
UKSR at a glance
- Price
- £19.67+£0.08 (0.41%)
- Expense ratio
- 0.23%
- Day range
- £19.63 – £19.78
- Assets
- £711.2M
- Domicile
- Ireland
- Holdings
- 152
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -2.11%
- 6 months
- +11.07%
- YTD
- +0.94%
- 1 year
- +6.95%
- 5 years
- +17.60%
Price change, excluding dividends.
Top 10 holdings
- 1HSBC HOLDINGS PLCHSBA.L5.3%
- 2UNILEVER PLCULVR.L5.3%
- 3GSK PLCGSK.L5.2%
- 4LLOYDS BANKING GROUP PLCLLOY.L5.1%
- 5BARCLAYS PLCBARC.L4.9%
- 6RELX PLCREL.L4.5%
- 7STANDARD CHARTERED PLCSTAN.L4.1%
- 8LONDON STOCK EXCHANGE GROUPLSEG.L3.7%
- 9RECKITT BENCKISER GROUP PLCRKT.L3.2%
- 10HALEON PLCHLN.L3.1%
UKSR holds 152 securities in total. These 10 are 44.3% of the fund.
Where the money is invested
Sectors
- Financial Services33.0%
- Industrials17.7%
- Consumer Defensive15.2%
- Healthcare9.9%
- Consumer Cyclical8.7%
- Communication Services5.2%
Countries
- United Kingdom94.9%
- Ireland3.1%
- Switzerland0.8%
- Bermuda0.6%
- Other0.4%
- Spain0.1%
How to invest in UKSR 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 UKSR and buy
Find the fund by its ticker, UKSR, on the London Stock Exchange ETF segment, and place your order.
Why invest in UKSR from India
What UKSR holds
This fund primarily allocates its capital to a selection of equities that constitute the MSCI UK IMI Extended SRI Low Carbon Select 5% Issuer Capped Total Return Net Index. The individual company weightings within the portfolio are precisely aligned with their respective proportions in this benchmark.
Outside US estate tax
UKSR is domiciled in Ireland, 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 UKSR's UCITS structure matters for Indian investors
UKSR is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy UKSR from India?
Yes. Indian residents can buy UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF dis (UKSR) 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 UKSR invest in?
UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF dis holds 152 securities. Its largest holdings are HSBC HOLDINGS PLC (5.3%), UNILEVER PLC (5.3%) and GSK PLC (5.2%). Financial Services is its largest sector at 33.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of UKSR?
UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF dis has an expense ratio of 0.23% a year, taken from the fund's assets rather than billed to you. The fund manages about £711.2M.
Is UKSR a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI United Kingdom IMI Socially Responsible UCITS ETF dis is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are UKSR dividends taxed in India?
UBS MSCI United Kingdom IMI 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 UKSR?
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.