London Stock Exchange ETF segment · UCITS ETF
Invest in VEUD ETF from India
Indian and foreign residents can buy Vanguard FTSE Developed Europe UCITS ETF (VEUD) units directly through Paasa.
By Paasa · Updated
VEUD at a glance
- Price
- $56.11-$0.09 (0.16%)
- Expense ratio
- 0.1%
- Day range
- $56.11 – $56.39
- Assets
- $9.1B
- Domicile
- Ireland
- Holdings
- 567
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -4.83%
- 6 months
- +9.57%
- YTD
- +4.18%
- 1 year
- +11.95%
- 5 years
- +36.82%
Price change, excluding dividends.
Top 10 holdings
- 1ASML Holding NVASML.AS4.4%
- 2HSBC Holdings PLCHSBA.L2.4%
- 3Roche Holding AGROP.SW2.1%
- 4Novartis AGNOVN.SW1.9%
- 5Shell PLCSHEL.L1.7%
- 6Nestle SANESN.SW1.7%
- 7Siemens AGSIE.DE1.6%
- 8AstraZeneca PLCAZN.L1.6%
- 9SAP SESAP.DE1.5%
- 10Banco Santander SASAN.MC1.5%
VEUD holds 567 securities in total. These 10 are 20.3% of the fund.
Where the money is invested
Sectors
- Financial Services25.9%
- Industrials19.1%
- Healthcare12.5%
- Technology9.0%
- Consumer Defensive7.9%
- Consumer Cyclical6.7%
Countries
- United Kingdom21.5%
- Switzerland15.0%
- France13.2%
- Germany13.1%
- Netherlands9.3%
- Spain6.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| VWCGLSEVanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 0.1% | 9.1B |
Assets are shown in each fund's own reporting currency.
How to invest in VEUD 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 VEUD and buy
Find the fund by its ticker, VEUD, on the London Stock Exchange ETF segment, and place your order.
Why invest in VEUD from India
What VEUD holds
This fund aims to replicate the performance of the FTSE Developed Europe Index. It achieves this by using a passive, indexing investment strategy, which involves directly purchasing the securities that comprise the index.
Outside US estate tax
VEUD 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
VEUD 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 VEUD's UCITS structure matters for Indian investors
VEUD 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 VEUD from India?
Yes. Indian residents can buy Vanguard FTSE Developed Europe UCITS ETF (VEUD) 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 VEUD invest in?
Vanguard FTSE Developed Europe UCITS ETF holds 567 securities. Its largest holdings are ASML Holding NV (4.4%), HSBC Holdings PLC (2.4%) and Roche Holding AG (2.1%). Financial Services is its largest sector at 25.9%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of VEUD?
Vanguard FTSE Developed Europe 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 $9.1B.
Is VEUD a UCITS ETF, and why does that matter for Indian investors?
Yes. Vanguard FTSE Developed Europe 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.
How are VEUD dividends taxed in India?
Vanguard FTSE Developed Europe 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 VEUD?
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.