London Stock Exchange ETF segment · UCITS ETF
Invest in VGOV ETF from India
Indian and foreign residents can buy Vanguard U.K. Gilt UCITS ETF (VGOV) units directly through Paasa.
By Paasa · Updated
VGOV at a glance
- Price
- £15.11-£0.05 (0.34%)
- Expense ratio
- 0.05%
- Day range
- £15.11 – £15.20
- Assets
- £617.3M
- Domicile
- Ireland
- Holdings
- 69
- Launched
- 2012
- Dividends
- Distributing
- 1 month
- -1.83%
- 6 months
- -2.65%
- YTD
- -5.98%
- 1 year
- -3.89%
- 5 years
- -36.76%
Price change, excluding dividends.
Top 10 holdings
- 1United Kingdom Gilt 4.38% 03/07/20284.9%
- 2United Kingdom Gilt 4.38% 03/07/20303.6%
- 3United Kingdom Gilt 4.50% 06/07/20283.5%
- 4United Kingdom Gilt 4.13% 07/22/20293.4%
- 5United Kingdom Gilt 4.00% 05/22/20293.3%
- 6United Kingdom Gilt 4.75% 10/22/20353.1%
- 7United Kingdom Gilt 4.50% 03/07/20352.9%
- 8United Kingdom Gilt 4.00% 10/22/20312.8%
- 9United Kingdom Gilt 4.13% 03/07/20312.7%
- 10United Kingdom Gilt 4.63% 01/31/20342.6%
VGOV holds 69 securities in total. These 10 are 32.8% of the fund.
Where the money is invested
Countries
- United Kingdom99.5%
- Other0.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| VGUEXETRAVanguard U.K. Gilt UCITS ETF EUR Hedged Accumulating | 0.08% | 720.5M |
Assets are shown in each fund's own reporting currency.
How to invest in VGOV 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 GBP when you buy.
Step 3
Search VGOV and buy
Find the fund by its ticker, VGOV, on the London Stock Exchange ETF segment, and place your order.
Why invest in VGOV from India
What VGOV holds
This Fund operates with a passive, index-tracking investment strategy. Its main objective is to replicate the performance of the Bloomberg Sterling Gilt Float Adjusted Index.
Outside US estate tax
VGOV 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 VGOV's UCITS structure matters for Indian investors
VGOV 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.
Frequently asked questions
Can I buy VGOV from India?
Yes. Indian residents can buy Vanguard U.K. Gilt UCITS ETF (VGOV) 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 VGOV invest in?
Vanguard U.K. Gilt UCITS ETF holds 69 securities. Its largest holdings are United Kingdom Gilt 4.38% 03/07/2028 (4.9%), United Kingdom Gilt 4.38% 03/07/2030 (3.6%) and United Kingdom Gilt 4.50% 06/07/2028 (3.5%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of VGOV?
Vanguard U.K. Gilt UCITS ETF has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about £617.3M.
Is VGOV a UCITS ETF, and why does that matter for Indian investors?
Yes. Vanguard U.K. Gilt 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 VGOV dividends taxed in India?
Vanguard U.K. Gilt 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 VGOV?
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.