London Stock Exchange ETF segment · UCITS ETF
Invest in VWCG ETF from India
Indian and foreign residents can buy Vanguard FTSE Developed Europe UCITS ETF (VWCG) units directly through Paasa.
By Paasa · Updated
VWCG at a glance
- Price
- $65.60-$1.58 (2.35%)
- Expense ratio
- 0.1%
- Day range
- $65.60 – $66.61
- Assets
- $9.1B
- Domicile
- Ireland
- Holdings
- 567
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -6.14%
- 6 months
- +3.31%
- YTD
- +3.39%
- 1 year
- +9.26%
- 5 years
- +56.54%
Price change, excluding dividends.
Top 10 holdings
- 1ASML Holding NV4.4%
- 2HSBC Holdings PLC2.4%
- 3Roche Holding AG2.1%
- 4Novartis AG1.9%
- 5Shell PLC1.7%
- 6Nestle SA1.7%
- 7Siemens AG1.6%
- 8AstraZeneca PLC1.6%
- 9SAP SE1.5%
- 10Banco Santander SA1.5%
VWCG holds 567 securities in total. These 10 are 20.3% of the fund.
Where the money is invested
Sectors
- Financial Services25.9%
- Industrials19.1%
- Healthcare12.5%
- Technology9.0%
- Consumer Defensive7.9%
- Consumer Cyclical6.7%
Countries
- United Kingdom21.2%
- Switzerland14.8%
- Germany13.4%
- France12.9%
- Netherlands9.4%
- Spain6.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| VEUALSEFTSE Developed Europe UCITS ETF | 0.1% | 6.7B |
| VWCGXETRAVanguard FTSE Developed Europe UCITS ETF (EUR) Accumulating | 0.1% | 7.9B |
| VEURLSEVanguard FTSE Developed Europe UCITS ETF (EUR) Distributing | 0.1% | 6.7B |
| VGEUXETRAVanguard FTSE Developed Europe UCITS ETF (EUR) Distributing | 0.1% | 7.9B |
| VEURAMSVanguard FTSE Developed Europe UCITS ETF (EUR) Distributing | 0.1% | 7.9B |
Assets are shown in each fund's own reporting currency.
How to invest in VWCG 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 VWCG and buy
Find the fund by its ticker, VWCG, on the London Stock Exchange ETF segment, and place your order.
Why invest in VWCG from India
What VWCG holds
The fund operates using a passive, indexing investment strategy. Its objective is to closely mirror the performance of the FTSE Developed Europe Index, which it accomplishes by physically acquiring the individual securities that make up the index.
Outside US estate tax
VWCG 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 VWCG'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
VWCG 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 VWCG's UCITS structure matters for Indian investors
VWCG 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 VWCG from India?
Yes. Indian residents can buy Vanguard FTSE Developed Europe UCITS ETF (VWCG) 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 VWCG invest in?
Vanguard FTSE Developed Europe UCITS ETF holds 567 securities. Its largest holdings are ASML Holding NV (4.4%), HSBC Holdings PLC (2.4%) and Roche Holding AG (2.1%). Financial Services is its largest sector at 25.9%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of VWCG?
Vanguard FTSE Developed Europe UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $9.1B.
Is VWCG a UCITS ETF, and why does that matter for Indian investors?
Yes. Vanguard FTSE Developed Europe 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 VWCG pay dividends?
No. Vanguard FTSE Developed Europe 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 VWCG?
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.