London Stock Exchange ETF segment · UCITS ETF
Invest in VPN ETF from India
Indian and foreign residents can buy Global X - Data Center REITs & Digital Infrastructure UCITS ETF (VPN) units directly through Paasa.
By Paasa · Updated
VPN at a glance
- Price
- $24.74-$0.51 (2.00%)
- Expense ratio
- 0.5%
- Day range
- $24.74 – $25.16
- Assets
- $410.7M
- Domicile
- Ireland
- Holdings
- 25
- Launched
- 2021
- Dividends
- —
- 1 month
- -3.83%
- 6 months
- +16.62%
- YTD
- +27.96%
- 1 year
- +35.53%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1DIGITAL REALTY TRUST INCDLR12.3%
- 2AMERICAN TOWER CORPAMT12.2%
- 3EQUINIX INCEQIX12.0%
- 4CROWN CASTLE INCCCI7.8%
- 5GDS HOLDINGS LTD - ADRGDS4.5%
- 6KEPPEL DC REITAJBU.SI4.2%
- 7APPLIED DIGITAL CORPAPLD4.1%
- 8SBA COMMUNICATIONS CORPSBAC4.0%
- 9NEXTDC LTDNXT.AX3.7%
- 10SUPER MICRO COMPUTER INCSMCI3.3%
VPN holds 25 securities in total. These 10 are 68.1% of the fund.
Where the money is invested
Sectors
- Real Estate59.5%
- Technology38.2%
- Communication Services2.3%
Countries
- United States77.6%
- China9.6%
- Singapore4.2%
- Australia3.8%
- Taiwan2.1%
- South Korea2.0%
How to invest in VPN 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 VPN and buy
Find the fund by its ticker, VPN, on the London Stock Exchange ETF segment, and place your order.
Why invest in VPN from India
What VPN holds
The Global X Data Center REITs & Digital Infrastructure UCITS ETF (VPN LN) is designed to replicate the total investment performance, encompassing both asset price movements and income generated, of the Solactive Data Center REITs & Digital Infrastructure v2 Index, measured prior to the deduction of any fees or expenses.
Outside US estate tax
VPN is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
VPN 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 VPN's UCITS structure matters for Indian investors
VPN 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 VPN from India?
Yes. Indian residents can buy Global X - Data Center REITs & Digital Infrastructure UCITS ETF (VPN) 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 VPN invest in?
Global X - Data Center REITs & Digital Infrastructure UCITS ETF holds 25 securities. Its largest holdings are DIGITAL REALTY TRUST INC (12.3%), AMERICAN TOWER CORP (12.2%) and EQUINIX INC (12.0%). Real Estate is its largest sector at 59.5%. The fund is domiciled in Ireland.
What is the expense ratio of VPN?
Global X - Data Center REITs & Digital Infrastructure UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $410.7M.
Is VPN a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X - Data Center REITs & Digital Infrastructure 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.
What tax do I pay in India when I sell VPN?
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.