XETRA · UCITS ETF
Invest in VGUE ETF from India
Indian and foreign residents can buy Vanguard U.K. Gilt UCITS ETF (VGUE) units directly through Paasa.
By Paasa · Updated
VGUE at a glance
- Price
- €19.66-€0.01 (0.07%)
- Expense ratio
- 0.08%
- Day range
- €19.66 – €19.78
- Assets
- €720.5M
- Domicile
- Ireland
- Holdings
- 69
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- -1.58%
- 6 months
- -1.63%
- YTD
- -4.12%
- 1 year
- -1.68%
- 5 years
- -29.92%
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%
VGUE 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 |
|---|---|---|
| VGOVLSEVanguard U.K. Gilt UCITS ETF (GBP) Distributing | 0.05% | 617.3M |
Assets are shown in each fund's own reporting currency.
How to invest in VGUE 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 VGUE and buy
Find the fund by its ticker, VGUE, on XETRA, and place your order.
Why invest in VGUE from India
What VGUE holds
This fund is managed passively, meaning its primary goal is to replicate the performance of the Bloomberg Sterling Gilt Float Adjusted Index. It achieves this objective by directly purchasing the securities that comprise the index.
Outside US estate tax
VGUE 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 VGUE'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 VGUE's UCITS structure matters for Indian investors
VGUE 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 VGUE from India?
Yes. Indian residents can buy Vanguard U.K. Gilt UCITS ETF (VGUE) 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 VGUE 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 an accumulating fund domiciled in Ireland.
What is the expense ratio of VGUE?
Vanguard U.K. Gilt UCITS ETF has an expense ratio of 0.08% a year, taken from the fund's assets rather than billed to you. The fund manages about €720.5M.
Is VGUE 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.
Does VGUE pay dividends?
No. Vanguard U.K. Gilt 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 VGUE?
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.