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XETRA · UCITS ETF

Invest in VDCE ETF from India

Indian and foreign residents can buy Vanguard Corporate Bond UCITS ETF (VDCE) units directly through Paasa.

By Paasa · Updated

VDCE at a glance

Price
€53.67+€0.02 (0.03%)
Expense ratio
0.1%
Day range
€53.59 – €53.75
Assets
€4.0B
Domicile
Ireland
Holdings
8,885
Launched
2020
Dividends
Accumulating
1 month
-3.01%
6 months
-2.39%
YTD
-4.15%
1 year
-3.79%
5 years
-11.17%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1United States Treasury Note/Bond 4.63% 08/15/20360.4%
  2. 2Sopaipilla Investor LLC 7.53% 11/30/20480.1%
  3. 3Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.90% 02/01/20460.1%
  4. 4Meta Platforms Inc 5.25% 05/15/20360.1%
  5. 5Bank of America Corp 3.42% 12/20/20280.1%
  6. 6Goldman Sachs Group Inc/The 4.15% 01/21/20290.1%
  7. 7Space Exploration Technologies Corp 5.35% 07/15/20310.1%
  8. 8Wells Fargo & Co 5.57% 07/25/20290.1%
  9. 9Deutsche Telekom International Finance BV 8.25% 06/15/20300.1%
  10. 10CVS Health Corp 5.05% 03/25/20480.1%

VDCE holds 8,885 securities in total. These 10 are 1.2% of the fund.

Where the money is invested

Sectors

  • Corporate99.8%
  • Securitized0.2%
  • Government0.1%
  • Municipal0.0%

Countries

  • United States80.1%
  • United Kingdom3.6%
  • Canada2.7%
  • Japan2.5%
  • France1.7%
  • Netherlands1.2%

Similar funds

FundExpense ratioAssets
VDPALSEVanguard USD Corporate Bond UCITS ETF (USD) Accumulating0.07%4.7B
GIGLAMEXGoldman Sachs Corporate Bond ETF0.3%231.8M
FCORAMEXFidelity Corporate Bond ETF0.36%352.6M
VECPLSEVanguard EUR Corporate Bond UCITS ETF (EUR) Distributing0.07%5.2B
IGCBLSEInvesco GBP Corporate Bond UCITS ETF0.1%345.6M

Assets are shown in each fund's own reporting currency.

How to invest in VDCE from India

  1. 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.

  2. 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.

  3. Step 3

    Search VDCE and buy

    Find the fund by its ticker, VDCE, on XETRA, and place your order.

Why invest in VDCE from India

What VDCE holds

The fund's investment approach is passive, or index-based. It aims to replicate the performance of the Bloomberg Global Aggregate Corporate – United States Dollar Index by directly purchasing the underlying securities.

Outside US estate tax

VDCE 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 VDCE'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 VDCE's UCITS structure matters for Indian investors

VDCE 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.

See UCITS options

Frequently asked questions

Can I buy VDCE from India?

Yes. Indian residents can buy Vanguard Corporate Bond UCITS ETF (VDCE) 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 VDCE invest in?

Vanguard Corporate Bond UCITS ETF holds 8,885 securities. Its largest holdings are United States Treasury Note/Bond 4.63% 08/15/2036 (0.4%), Sopaipilla Investor LLC 7.53% 11/30/2048 (0.1%) and Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 4.90% 02/01/2046 (0.1%). Securitized is its largest sector at 0.2%. It is an accumulating fund domiciled in Ireland.

What is the expense ratio of VDCE?

Vanguard Corporate Bond UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about €4.0B.

Is VDCE a UCITS ETF, and why does that matter for Indian investors?

Yes. Vanguard Corporate Bond 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 VDCE pay dividends?

No. Vanguard Corporate Bond 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 VDCE?

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 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.

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