London Stock Exchange ETF segment · UCITS ETF
Invest in VJPU ETF from India
Indian and foreign residents can buy Vanguard FTSE Japan UCITS ETF (VJPU) units directly through Paasa.
By Paasa · Updated
VJPU at a glance
- Price
- $83.96+$1.75 (2.12%)
- Expense ratio
- 0.13%
- Day range
- $83.56 – $84.08
- Assets
- $5.2B
- Domicile
- Ireland
- Holdings
- 511
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- +0.04%
- 6 months
- +18.99%
- YTD
- +23.83%
- 1 year
- +37.10%
- 5 years
- +164.03%
Price change, excluding dividends.
Top 10 holdings
- 1Mitsubishi UFJ Financial Group Inc3.9%
- 2Toyota Motor Corp3.3%
- 3Sumitomo Mitsui Financial Group Inc2.5%
- 4Tokyo Electron Ltd2.4%
- 5Recruit Holdings Co Ltd2.4%
- 6Advantest Corp2.4%
- 7Hitachi Ltd2.3%
- 8Sony Group Corp2.3%
- 9Mizuho Financial Group Inc2.0%
- 10SoftBank Group Corp1.9%
VJPU holds 511 securities in total. These 10 are 25.4% of the fund.
Where the money is invested
Sectors
- Industrials23.6%
- Technology19.5%
- Financial Services17.7%
- Consumer Cyclical12.5%
- Communication Services8.2%
- Healthcare5.4%
Countries
- Japan98.9%
- Other1.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| FLJPAMEXFranklin FTSE Japan ETF | 0.09% | 4.1B |
| FLJHAMEXFranklin FTSE Japan Hedged ETF | 0.09% | 230.0M |
| VJPALSEVanguard FTSE Japan UCITS ETF (USD) Accumulating | 0.1% | 5.2B |
| VDJPLSEVanguard FTSE Japan UCITS ETF (USD) Distributing | 0.1% | 5.2B |
| VJPEXETRAVanguard FTSE Japan UCITS ETF EUR Hedged Accumulating | 0.13% | 4.5B |
Assets are shown in each fund's own reporting currency.
How to invest in VJPU 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 VJPU and buy
Find the fund by its ticker, VJPU, on the London Stock Exchange ETF segment, and place your order.
Why invest in VJPU from India
What VJPU holds
This Fund seeks to track the performance of the Index, a widely recognised benchmark of the large and mid capitalised companies in Japan.
Outside US estate tax
VJPU 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 VJPU's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
VJPU 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 VJPU's UCITS structure matters for Indian investors
VJPU 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 VJPU from India?
Yes. Indian residents can buy Vanguard FTSE Japan UCITS ETF (VJPU) 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 VJPU invest in?
Vanguard FTSE Japan UCITS ETF holds 511 securities. Its largest holdings are Mitsubishi UFJ Financial Group Inc (3.9%), Toyota Motor Corp (3.3%) and Sumitomo Mitsui Financial Group Inc (2.5%). Industrials is its largest sector at 23.6%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of VJPU?
Vanguard FTSE Japan UCITS ETF has an expense ratio of 0.13% a year, taken from the fund's assets rather than billed to you. The fund manages about $5.2B.
Is VJPU a UCITS ETF, and why does that matter for Indian investors?
Yes. Vanguard FTSE Japan 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 VJPU pay dividends?
No. Vanguard FTSE Japan 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 VJPU?
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.