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London Stock Exchange ETF segment · UCITS ETF

Invest in VETY ETF from India

Indian and foreign residents can buy Vanguard Eurozone Government Bond UCITS ETF (VETY) units directly through Paasa.

By Paasa · Updated

VETY at a glance

Price
£18.14+£0.01 (0.05%)
Expense ratio
0.07%
Day range
£18.14 – £18.33
Assets
£4.7B
Domicile
Ireland
Holdings
522
Launched
2016
Dividends
Distributing
1 month
-2.30%
6 months
-4.67%
YTD
-6.53%
1 year
-6.77%
5 years
-21.57%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1French Republic Government Bond OAT 0.75% 05/25/20281.2%
  2. 2French Republic Government Bond OAT 11/25/20311.0%
  3. 3French Republic Government Bond OAT 2.75% 02/25/20291.0%
  4. 4French Republic Government Bond OAT 2.75% 02/25/20300.9%
  5. 5French Republic Government Bond OAT 0.50% 05/25/20290.9%
  6. 6French Republic Government Bond OAT 2.00% 11/25/20320.9%
  7. 7French Republic Government Bond OAT 1.25% 05/25/20340.9%
  8. 8French Republic Government Bond OAT 11/25/20300.8%
  9. 9French Republic Government Bond OAT 2.40% 09/24/20280.8%
  10. 10Spain Government Bond 2.70% 01/31/20300.8%

VETY holds 522 securities in total. These 10 are 9.1% of the fund.

Where the money is invested

Countries

  • France24.0%
  • Italy21.8%
  • Germany19.3%
  • Spain13.9%
  • Belgium5.0%
  • Netherlands4.0%

Similar funds

FundExpense ratioAssets
VETALSEVanguard EUR Eurozone Government Bond UCITS ETF (EUR) Accumulating0.07%4.7B

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

How to invest in VETY 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 GBP when you buy.

  3. Step 3

    Search VETY and buy

    Find the fund by its ticker, VETY, on the London Stock Exchange ETF segment, and place your order.

Why invest in VETY from India

What VETY holds

This Fund's primary objective is to replicate the returns of the Bloomberg Euro-Aggregate: Treasury Index. It accomplishes this through a passive investment approach, commonly known as indexing, by directly purchasing and holding the underlying bonds that comprise the index.

Outside US estate tax

VETY 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 VETY's UCITS structure matters for Indian investors

VETY 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 VETY from India?

Yes. Indian residents can buy Vanguard Eurozone Government Bond UCITS ETF (VETY) 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 VETY invest in?

Vanguard Eurozone Government Bond UCITS ETF holds 522 securities. Its largest holdings are French Republic Government Bond OAT 0.75% 05/25/2028 (1.2%), French Republic Government Bond OAT 11/25/2031 (1.0%) and French Republic Government Bond OAT 2.75% 02/25/2029 (1.0%). It is a distributing fund domiciled in Ireland.

What is the expense ratio of VETY?

Vanguard Eurozone Government Bond UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about £4.7B.

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

Yes. Vanguard Eurozone Government 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.

How are VETY dividends taxed in India?

Vanguard Eurozone Government Bond UCITS ETF 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 VETY?

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 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.

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