London Stock Exchange ETF segment · UCITS ETF
Invest in VUKG ETF from India
Indian and foreign residents can buy Vanguard FTSE 100 UCITS ETF Accumulation (VUKG) units directly through Paasa.
By Paasa · Updated
VUKG at a glance
- Price
- £57.15-£0.18 (0.31%)
- Expense ratio
- 0.09%
- Day range
- £57.10 – £57.81
- Assets
- £6.7B
- Domicile
- Ireland
- Holdings
- 122
- Launched
- 2019
- Dividends
- —
- 1 month
- -1.87%
- 6 months
- +6.15%
- YTD
- +9.02%
- 1 year
- +16.82%
- 5 years
- +77.26%
Price change, excluding dividends.
Top 10 holdings
- 1HSBC Holdings PLC10.2%
- 2Shell PLC7.3%
- 3AstraZeneca PLC7.0%
- 4Rolls-Royce Holdings PLC5.0%
- 5Unilever PLC3.9%
- 6British American Tobacco PLC3.3%
- 7BP PLC3.1%
- 8Rio Tinto PLC3.1%
- 9GSK PLC2.9%
- 10Barclays PLC2.6%
VUKG holds 122 securities in total. These 10 are 48.4% of the fund.
Where the money is invested
Sectors
- Financial Services26.4%
- Industrials14.4%
- Consumer Defensive13.8%
- Healthcare11.9%
- Energy10.9%
- Basic Materials8.8%
Countries
- United Kingdom93.9%
- Switzerland2.7%
- Ireland1.3%
- Hong Kong1.0%
- Bermuda0.2%
- Mexico0.2%
How to invest in VUKG 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 VUKG and buy
Find the fund by its ticker, VUKG, on the London Stock Exchange ETF segment, and place your order.
Why invest in VUKG from India
What VUKG holds
The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the FTSE 100 Index (the “Index”).
Outside US estate tax
VUKG 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 VUKG's UCITS structure matters for Indian investors
VUKG 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 VUKG from India?
Yes. Indian residents can buy Vanguard FTSE 100 UCITS ETF Accumulation (VUKG) 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 VUKG invest in?
Vanguard FTSE 100 UCITS ETF Accumulation holds 122 securities. Its largest holdings are HSBC Holdings PLC (10.2%), Shell PLC (7.3%) and AstraZeneca PLC (7.0%). Financial Services is its largest sector at 26.4%. The fund is domiciled in Ireland.
What is the expense ratio of VUKG?
Vanguard FTSE 100 UCITS ETF Accumulation has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about £6.7B.
Is VUKG a UCITS ETF, and why does that matter for Indian investors?
Yes. Vanguard FTSE 100 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. 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 VUKG?
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 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.