London Stock Exchange ETF segment · UCITS ETF
Invest in WUTI ETF from India
Indian and foreign residents can buy State Street SPDR MSCI World Utilities UCITS ETF Accum Ptg (WUTI) units directly through Paasa.
By Paasa · Updated
WUTI at a glance
- Price
- $64.35-$0.56 (0.86%)
- Expense ratio
- 0.3%
- Day range
- $64.20 – $64.70
- Assets
- $78.4M
- Domicile
- Ireland
- Holdings
- 74
- Launched
- 2009
- Dividends
- Accumulating
- 1 month
- -5.70%
- 6 months
- -11.12%
- YTD
- -2.82%
- 1 year
- -0.98%
- 5 years
- +47.41%
Price change, excluding dividends.
Top 10 holdings
- 1NextEra Energy Inc.7.5%
- 2Iberdrola SA6.9%
- 3Southern Company4.5%
- 4Duke Energy Corporation4.2%
- 5Constellation Energy Corporation3.8%
- 6Enel SpA3.6%
- 7National Grid plc3.6%
- 8American Electric Power Company Inc.3.1%
- 9Dominion Energy Inc2.5%
- 10Sempra2.4%
WUTI holds 74 securities in total. These 10 are 42.2% of the fund.
Where the money is invested
Sectors
- Utilities98.2%
- Industrials1.3%
- Energy0.6%
Countries
- United States58.3%
- Spain8.9%
- United Kingdom7.1%
- Italy5.2%
- Germany4.2%
- Canada3.4%
How to invest in WUTI 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 WUTI and buy
Find the fund by its ticker, WUTI, on the London Stock Exchange ETF segment, and place your order.
Why invest in WUTI from India
What WUTI holds
The investment objective of the Fund is to track the performance of companies in the Utilities sector, across developed markets globally.
Outside US estate tax
WUTI 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 WUTI'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
WUTI 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 WUTI's UCITS structure matters for Indian investors
WUTI 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 WUTI from India?
Yes. Indian residents can buy State Street SPDR MSCI World Utilities UCITS ETF Accum Ptg (WUTI) 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 WUTI invest in?
State Street SPDR MSCI World Utilities UCITS ETF Accum Ptg holds 74 securities. Its largest holdings are NextEra Energy Inc. (7.5%), Iberdrola SA (6.9%) and Southern Company (4.5%). Utilities is its largest sector at 98.2%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of WUTI?
State Street SPDR MSCI World Utilities UCITS ETF Accum Ptg has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about $78.4M.
Is WUTI a UCITS ETF, and why does that matter for Indian investors?
Yes. State Street SPDR MSCI World Utilities UCITS ETF Accum Ptg 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 WUTI pay dividends?
No. State Street SPDR MSCI World Utilities UCITS ETF Accum Ptg 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 WUTI?
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.