London Stock Exchange ETF segment · UCITS ETF
Invest in USCR ETF from India
Indian and foreign residents can buy State Street SPDR Bloomberg U.S. Corporate Scored UCITS ETF (USCR) units directly through Paasa.
By Paasa · Updated
USCR at a glance
- Price
- $29.36-$0.17 (0.57%)
- Expense ratio
- 0.15%
- Day range
- $29.36 – $29.53
- Assets
- $267.3M
- Domicile
- Ireland
- Holdings
- 1,226
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- -3.09%
- 6 months
- -1.99%
- YTD
- -3.56%
- 1 year
- -2.22%
- 5 years
- -3.58%
Price change, excluding dividends.
Top 10 holdings
- 1GLAXOSMITHKLINE CAP INC 6.375 05/15/20380.8%
- 2DEUTSCHE TELEKOM INT FIN 8.75 06/15/20300.7%
- 3Cash_USD0.6%
- 4TELEFONICA EMISIONES SAU 7.045 06/20/20360.5%
- 5TELEFONICA EMISIONES SAU 5.213 03/08/20470.5%
- 6CISCO SYSTEMS INC 4.85 02/26/20290.5%
- 7CISCO SYSTEMS INC 5.5 01/15/20400.4%
- 8CISCO SYSTEMS INC 5.9 02/15/20390.4%
- 9BAXTER INTERNATIONAL INC 2.539 02/01/20320.4%
- 10LLOYDS BANKING GROUP PLC 4.344 01/09/20480.4%
USCR holds 1,226 securities in total. These 10 are 5.2% of the fund.
Where the money is invested
Countries
- United States77.7%
- United Kingdom7.3%
- Canada4.9%
- Spain3.4%
- Netherlands1.7%
- Other1.0%
How to invest in USCR 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 USCR and buy
Find the fund by its ticker, USCR, on the London Stock Exchange ETF segment, and place your order.
Why invest in USCR from India
What USCR holds
This Fund's primary goal is to generate a total return for investors, encompassing both capital growth and income, that broadly corresponds to the performance of the Bloomberg SASB Scored US Corporate Ex-Controversies Select Index. Its sustainable investment approach is guided by the Index, particularly through the application of R-Factor scores during its construction.
Outside US estate tax
USCR is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from USCR's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
USCR 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 USCR's UCITS structure matters for Indian investors
USCR is domiciled in Ireland, 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 USCR from India?
Yes. Indian residents can buy State Street SPDR Bloomberg U.S. Corporate Scored UCITS ETF (USCR) 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 USCR invest in?
State Street SPDR Bloomberg U.S. Corporate Scored UCITS ETF holds 1,226 securities. Its largest holdings are GLAXOSMITHKLINE CAP INC 6.375 05/15/2038 (0.8%), DEUTSCHE TELEKOM INT FIN 8.75 06/15/2030 (0.7%) and Cash_USD (0.6%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of USCR?
State Street SPDR Bloomberg U.S. Corporate Scored UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $267.3M.
Is USCR a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR Bloomberg U.S. Corporate Scored 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.
Does USCR pay dividends?
No. State Street SPDR Bloomberg U.S. Corporate Scored UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell USCR?
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 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.