XETRA · UCITS ETF
Invest in VGER ETF from India
Indian and foreign residents can buy Vanguard Germany All UCITS ETF (VGER) units directly through Paasa.
By Paasa · Updated
VGER at a glance
- Price
- €35.48+€0.28 (0.78%)
- Expense ratio
- 0.07%
- Day range
- €35.25 – €35.49
- Assets
- €262.4M
- Domicile
- Ireland
- Holdings
- 149
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- -3.30%
- 6 months
- +12.35%
- YTD
- +2.07%
- 1 year
- +5.19%
- 5 years
- +25.95%
Price change, excluding dividends.
Top 10 holdings
- 1Siemens AGSIE.DE11.3%
- 2SAP SESAP.DE10.6%
- 3Allianz SEALV.DE9.3%
- 4Siemens Energy AGENR.DE5.8%
- 5Deutsche Telekom AGDTE.DE5.3%
- 6Infineon Technologies AGIFX.DE4.0%
- 7Muenchener Rueckversicherungs-Gesellschaft AG in MuenchenMUV2.DE3.6%
- 8Deutsche Bank AGDBK.DE3.2%
- 9Deutsche Boerse AGDB1.DE2.8%
- 10DHL AGDHL.DE2.8%
VGER holds 149 securities in total. These 10 are 58.6% of the fund.
Where the money is invested
Sectors
- Industrials27.4%
- Financial Services21.9%
- Technology15.7%
- Consumer Cyclical9.0%
- Healthcare6.5%
- Communication Services6.2%
Countries
- Germany99.3%
- Netherlands0.5%
- Luxembourg0.2%
- Austria0.0%
How to invest in VGER 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 VGER and buy
Find the fund by its ticker, VGER, on XETRA, and place your order.
Why invest in VGER from India
What VGER holds
Operating under a passive investment strategy, this fund aims to replicate the returns of the FTSE Germany All Cap Index. It achieves this by physically acquiring the individual securities that comprise the index.
Outside US estate tax
VGER 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 VGER'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 VGER's UCITS structure matters for Indian investors
VGER 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 VGER from India?
Yes. Indian residents can buy Vanguard Germany All UCITS ETF (VGER) 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 VGER invest in?
Vanguard Germany All UCITS ETF holds 149 securities. Its largest holdings are Siemens AG (11.3%), SAP SE (10.6%) and Allianz SE (9.3%). Industrials is its largest sector at 27.4%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of VGER?
Vanguard Germany All 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 €262.4M.
Is VGER a UCITS ETF, and why does that matter for Indian investors?
Yes. Vanguard Germany All 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.
Does VGER pay dividends?
No. Vanguard Germany All 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 VGER?
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.