London Stock Exchange ETF segment · UCITS ETF
Invest in URNU ETF from India
Indian and foreign residents can buy Global X - Uranium UCITS ETF (URNU) units directly through Paasa.
By Paasa · Updated
URNU at a glance
- Price
- $24.17+$0.12 (0.50%)
- Expense ratio
- 0.65%
- Day range
- $24.03 – $24.33
- Assets
- $648.6M
- Domicile
- Ireland
- Holdings
- 51
- Launched
- 2022
- Dividends
- —
- 1 month
- -14.47%
- 6 months
- -16.11%
- YTD
- -8.41%
- 1 year
- -17.03%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1CAMECO CORP14.7%
- 2NEXGEN ENERGY LTD7.4%
- 3OKLO INC7.3%
- 4URANIUM ENERGY CORP6.0%
- 5NAC KAZATOMPROM JSC-GDR REGS5.7%
- 6PALADIN ENERGY LTD3.9%
- 7ENERGY FUELS INC3.6%
- 8NUSCALE POWER CORP3.6%
- 9CENTRUS ENERGY CORP-CLASS A3.4%
- 10X-ENERGY INC3.3%
URNU holds 51 securities in total. These 10 are 58.9% of the fund.
Where the money is invested
Sectors
- Energy60.2%
- Industrials26.1%
- Utilities7.3%
- Basic Materials5.4%
- Technology1.1%
Countries
- United States30.3%
- Canada29.6%
- South Korea13.5%
- Australia10.1%
- Kazakhstan5.6%
- Japan4.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| URAAMEXGlobal X - Uranium ETF | 0.69% | 5.6B |
| URNDLSEGlobal X Uranium UCITS ETF USD | 0.65% | 2.0M |
Assets are shown in each fund's own reporting currency.
How to invest in URNU 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 URNU and buy
Find the fund by its ticker, URNU, on the London Stock Exchange ETF segment, and place your order.
Why invest in URNU from India
What URNU holds
Operating under the ticker URNU LN, the Global X Uranium UCITS ETF aims to deliver investment returns that broadly align with the overall financial performance—both price appreciation and income generation—of the Solactive Global Uranium & Nuclear Components Total Return v2 Index. This objective is measured before any management fees and operating expenses are factored in.
Outside US estate tax
URNU is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
URNU 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 URNU's UCITS structure matters for Indian investors
URNU 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 URNU from India?
Yes. Indian residents can buy Global X - Uranium UCITS ETF (URNU) 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 URNU invest in?
Global X - Uranium UCITS ETF holds 51 securities. Its largest holdings are CAMECO CORP (14.7%), NEXGEN ENERGY LTD (7.4%) and OKLO INC (7.3%). Energy is its largest sector at 60.2%. The fund is domiciled in Ireland.
What is the expense ratio of URNU?
Global X - Uranium UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $648.6M.
Is URNU a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X - Uranium UCITS ETF 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.
What tax do I pay in India when I sell URNU?
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.