London Stock Exchange ETF segment · UCITS ETF
Invest in WELL ETF from India
Indian and foreign residents can buy Harbor Health Care UCITS ETF (WELL) units directly through Paasa.
By Paasa · Updated
WELL at a glance
- Price
- $8.12-$0.07 (0.79%)
- Expense ratio
- 0.89%
- Day range
- $8.12 – $8.14
- Assets
- $17.2M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -5.31%
- 6 months
- +9.81%
- YTD
- +1.82%
- 1 year
- +7.91%
- 5 years
- -26.37%
Price change, excluding dividends.
Top 10 holdings
- 1ASCENDIS PHARMA A/S9.0%
- 2ELI LILLY AND COMPANY8.9%
- 3NATERA INC COMMON STOCK5.8%
- 4ARGENX SE ADR4.5%
- 5INSMED INC COMMON STOCK4.0%
- 6REVOLUTION MEDICINES INC3.9%
- 7RHYTHM PHARMACEUTICALS3.7%
- 8ABBVIE INC COMMON STOCK3.4%
- 9UNITEDHEALTH GROUP INC3.3%
- 10VAXCYTE INC COMMON STOCK3.3%
These 10 are 49.8% of the fund.
Where the money is invested
Countries
- United States78.9%
- Denmark9.0%
- Netherlands4.5%
- Other2.9%
- France2.7%
- Canada1.4%
How to invest in WELL 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 WELL and buy
Find the fund by its ticker, WELL, on the London Stock Exchange ETF segment, and place your order.
Why invest in WELL from India
What WELL holds
The Harbor Health Care UCITS ETF (WELL) is designed to capture the sustained expansion and pioneering advancements within the U.S. healthcare sector. Its objective is to outperform the broader healthcare market by strategically investing in top-tier companies that offer unique products, cutting-edge technologies, and specialized services, all selected according to the fund management team's rigorous valuation standards.
Outside US estate tax
WELL 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 WELL'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
WELL 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 WELL's UCITS structure matters for Indian investors
WELL 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 WELL from India?
Yes. Indian residents can buy Harbor Health Care UCITS ETF (WELL) 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 WELL invest in?
Its largest holdings are ASCENDIS PHARMA A/S (9.0%), ELI LILLY AND COMPANY (8.9%) and NATERA INC COMMON STOCK (5.8%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of WELL?
Harbor Health Care UCITS ETF has an expense ratio of 0.89% a year, taken from the fund's assets rather than billed to you. The fund manages about $17.2M.
Is WELL a UCITS ETF, and why does that matter for Indian investors?
Yes. Harbor Health Care 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 WELL pay dividends?
No. Harbor Health Care 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 WELL?
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.