London Stock Exchange ETF segment · UCITS ETF
Invest in VGVA ETF from India
Indian and foreign residents can buy Vanguard U.K. Gilt UCITS ETF Accumulation (VGVA) units directly through Paasa.
By Paasa · Updated
VGVA at a glance
- Price
- £20.11-£0.00 (0.02%)
- Expense ratio
- 0.05%
- Day range
- £20.08 – £20.25
- Assets
- £617.3M
- Domicile
- Ireland
- Holdings
- 69
- Launched
- 2019
- Dividends
- —
- 1 month
- -1.42%
- 6 months
- -0.84%
- YTD
- -2.76%
- 1 year
- +0.20%
- 5 years
- -24.40%
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%
VGVA holds 69 securities in total. These 10 are 32.8% of the fund.
Where the money is invested
Countries
- United Kingdom99.5%
- Other0.6%
How to invest in VGVA 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 VGVA and buy
Find the fund by its ticker, VGVA, on the London Stock Exchange ETF segment, and place your order.
Why invest in VGVA from India
What VGVA holds
The Fund employs a passive management or indexing investment approach, through physical acquisition of securities, and seeks to track the performance of the Bloomberg Barclays Sterling Gilt Float Adjusted Index (the Index).
Outside US estate tax
VGVA 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 VGVA's UCITS structure matters for Indian investors
VGVA 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 VGVA from India?
Yes. Indian residents can buy Vanguard U.K. Gilt UCITS ETF Accumulation (VGVA) 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 VGVA invest in?
Vanguard U.K. Gilt UCITS ETF Accumulation 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%). The fund is domiciled in Ireland.
What is the expense ratio of VGVA?
Vanguard U.K. Gilt UCITS ETF Accumulation 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 VGVA a UCITS ETF, and why does that matter for Indian investors?
Yes. Vanguard U.K. Gilt UCITS ETF Accumulation 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.
What tax do I pay in India when I sell VGVA?
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.