XETRA · UCITS ETF
Invest in USUP ETF from India
Indian and foreign residents can buy UBS MSCI Pacific Socially Responsible UCITS ETF (USUP) units directly through Paasa.
By Paasa · Updated
USUP at a glance
- Price
- €13.42+€0.18 (1.33%)
- Expense ratio
- 0.28%
- Day range
- €13.37 – €13.43
- Assets
- €765.2M
- Domicile
- Luxembourg
- Holdings
- 85
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- +2.90%
- 6 months
- +17.09%
- YTD
- +19.91%
- 1 year
- +24.36%
- 5 years
- +30.27%
Price change, excluding dividends.
Top 10 holdings
- 1RECRUIT HOLDINGS CO LTD6098.T5.5%
- 2HITACHI LTD6501.T5.2%
- 3SUMITOMO MITSUI FINANCIAL GR8316.T5.2%
- 4TOKIO MARINE HOLDINGS INC8766.T5.1%
- 5AIA GROUP LTD1299.HK5.1%
- 6SONY GROUP CORP6758.T5.0%
- 7TOKYO ELECTRON LTD8035.T4.9%
- 8PANASONIC HOLDINGS CORP6752.T3.5%
- 9KDDI CORP9433.T3.1%
- 10HOYA CORP7741.T2.6%
USUP holds 85 securities in total. These 10 are 45.2% of the fund.
Where the money is invested
Sectors
- Financial Services25.4%
- Technology21.0%
- Industrials15.8%
- Communication Services13.2%
- Consumer Cyclical6.6%
- Healthcare5.3%
Countries
- Japan81.3%
- Australia9.6%
- Hong Kong7.0%
- Singapore1.2%
- New Zealand0.4%
- Other0.3%
How to invest in USUP 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 EUR when you buy.
Step 3
Search USUP and buy
Find the fund by its ticker, USUP, on XETRA, and place your order.
Why invest in USUP from India
What USUP holds
The primary objective of this investment fund is to precisely mirror the price movements and overall returns of the MSCI Pacific SRI Low Carbon Select 5% Issuer Capped Total Return Net index, after accounting for all charges. To achieve this, the fund predominantly allocates its capital to the equity securities that make up this specific benchmark.
Outside US estate tax
USUP is domiciled in Luxembourg, 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 USUP's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 USUP's UCITS structure matters for Indian investors
USUP 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 USUP from India?
Yes. Indian residents can buy UBS MSCI Pacific Socially Responsible UCITS ETF (USUP) through Paasa. It is listed on XETRA and trades in EUR. 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 USUP invest in?
UBS MSCI Pacific Socially Responsible UCITS ETF holds 85 securities. Its largest holdings are RECRUIT HOLDINGS CO LTD (5.5%), HITACHI LTD (5.2%) and SUMITOMO MITSUI FINANCIAL GR (5.2%). Financial Services is its largest sector at 25.4%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of USUP?
UBS MSCI Pacific Socially Responsible UCITS ETF has an expense ratio of 0.28% a year, taken from the fund's assets rather than billed to you. The fund manages about €765.2M.
Is USUP a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI Pacific Socially Responsible 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.
Does USUP pay dividends?
No. UBS MSCI Pacific Socially Responsible 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 USUP?
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 EUR/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.