London Stock Exchange ETF segment · UCITS ETF
Invest in WSCR ETF from India
Indian and foreign residents can buy UBS Irl ETF plc - UBS MSCI World Small Socially Responsible UCITS ETF (WSCR) units directly through Paasa.
By Paasa · Updated
WSCR at a glance
- Price
- £9.02+£0.10 (1.13%)
- Expense ratio
- 0.23%
- Day range
- £9.02 – £9.07
- Assets
- £595.9M
- Domicile
- Ireland
- Holdings
- 782
- Launched
- 2021
- Dividends
- Accumulating
- 1 month
- -1.59%
- 6 months
- +8.57%
- YTD
- +8.27%
- 1 year
- +12.79%
- 5 years
- +23.42%
Price change, excluding dividends.
Top 10 holdings
- 1GUARDANT HEALTH INC0.9%
- 2US FOODS HOLDING CORP0.8%
- 3ROYAL GOLD INC0.8%
- 4NUTANIX INC - A0.7%
- 5WESCO INTERNATIONAL INC0.7%
- 6REVVITY INC0.7%
- 7EAST WEST BANCORP INC0.7%
- 8REINSURANCE GROUP OF AMERICA0.6%
- 9DYNATRACE INC0.6%
- 10AKAMAI TECHNOLOGIES INC0.6%
WSCR holds 782 securities in total. These 10 are 7.2% of the fund.
Where the money is invested
Sectors
- Industrials18.4%
- Technology18.0%
- Financial Services14.2%
- Healthcare12.3%
- Consumer Cyclical11.9%
- Real Estate8.3%
Countries
- United States59.5%
- Japan11.2%
- United Kingdom7.1%
- Australia5.3%
- Canada4.3%
- Switzerland1.9%
How to invest in WSCR 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 WSCR and buy
Find the fund by its ticker, WSCR, on the London Stock Exchange ETF segment, and place your order.
Why invest in WSCR from India
What WSCR holds
The primary goal of this investment product is to mirror the price movements and overall return of the MSCI World Small Cap SRI Low Carbon Select 5% Issuer Capped Total Return Index, net of all associated costs. This benchmark serves as the fund's guide for investment.
Outside US estate tax
WSCR 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 WSCR's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 WSCR's UCITS structure matters for Indian investors
WSCR 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 WSCR from India?
Yes. Indian residents can buy UBS Irl ETF plc - UBS MSCI World Small Socially Responsible UCITS ETF (WSCR) 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 WSCR invest in?
UBS Irl ETF plc - UBS MSCI World Small Socially Responsible UCITS ETF holds 782 securities. Its largest holdings are GUARDANT HEALTH INC (0.9%), US FOODS HOLDING CORP (0.8%) and ROYAL GOLD INC (0.8%). Industrials is its largest sector at 18.4%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of WSCR?
UBS Irl ETF plc - UBS MSCI World Small Socially Responsible UCITS ETF has an expense ratio of 0.23% a year, taken from the fund's assets rather than billed to you. The fund manages about £595.9M.
Is WSCR a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Irl ETF plc - UBS MSCI World Small Socially Responsible 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 WSCR pay dividends?
No. UBS Irl ETF plc - UBS MSCI World Small Socially Responsible 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 WSCR?
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.