Old Mutual Limited
Old Mutual Limited (LSE: OMU) is trading at £0.63, about ₹79 at today's GBP/INR rate, as of 28 Sep 2026, 11:35 AM ET, down 1.26% today. Indian residents can buy Old Mutual from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£0.62
Today's high
£0.65
52 week low
£0.55
52 week high
£0.79
OMU opened at £0.64, closed previously at £0.63, and has traded between £0.55 and £0.79 over the past 52 weeks.
About
Old Mutual Limited operates as a diversified financial services group, primarily conducting its business across South Africa and the wider African continent through its various subsidiaries. The company structures its operations into several key divisions: the Mass and Foundation Cluster, Personal Finance and Wealth Management, Old Mutual Investments, Old Mutual Corporate, Old Mutual Insure, and a dedicated Rest of Africa segment. Its comprehensive offerings include risk mitigation products such as group risk and funeral coverage, long-term savings vehicles, and lending solutions like micro-lending, alongside transactional services. Old Mutual further provides financial guidance, a range of investment and income-generating products, and specialized asset management expertise. Additionally, it offers tailored investments, annuities, and consulting services to employee-sponsored retirement and benefit funds, in addition to health, property, and casualty insurance. The company serves a broad clientele, encompassing low-income and lower-middle-income individuals, high-income earners, high-net-worth individuals, and institutional employee retirement funds. Established in 1845, Old Mutual Limited is headquartered in Cape Town, South Africa.
Key statistics
Avg. volume
256.65K
Market cap
£2.52B
P/E Ratio
6.94
Price-to-sales ratio
0.19
Enterprise value
ZAR 31.09B
Free cash flow yield
-16.96%
Debt-to-equity ratio
0.22
Return on equity
13.73%
ROIC
0.63%
Beta
0.59
Dividend yield
5.63%
Last dividend
£0.04
Financial overview
Revenue
ZAR 273.62B
Earnings per share
ZAR 1.97
Free cash flow
-ZAR 4.76B
Net profit margin
2.89%
Gross margin
100.00%
EBITDA
ZAR 25.73B
Revenue growth
161.44%
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This is not an investment recommendation
How to buy Old Mutual from India
Indian residents can buy Old Mutual shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to GBP.
Search for Old Mutual and place an order
Find Old Mutual by name or by its ticker, OMU, and choose an order type. Old Mutual trades 12:30 pm – 9:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Old Mutual position in GBP and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Old Mutual from India
Trading and taxes when buying Old Mutual from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Old Mutual’s current yield is 5.63%.Dividend tax explained
- Transaction tax
- The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Old Mutual stock?
Yes. Old Mutual (OMU) has been listed on the London Stock Exchange since 2018, in the Insurance - Life industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Old Mutual share cost in rupees?
One Old Mutual share is £0.63 — about ₹79 at a GBP/INR rate of 126.89 on 27 Sep 2026. Both the Old Mutual price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Old Mutual from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Old Mutual shares taxed in India?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Old Mutual price. Paasa issues a capital-gains statement for your return.
Does Old Mutual pay a dividend, and how is it taxed in India?
Yes. Old Mutual pays a dividend and the current yield is 5.63%; the last declared dividend was £0.04 per share, about ₹5.15. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Old Mutual from India?
The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
Is Old Mutual a United Kingdom company, and does that change how it is taxed?
Old Mutual trades on the London Stock Exchange in GBP, but the company is domiciled in South Africa. Old Mutual trades as an ordinary share listed directly in the UK, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Are there transaction taxes when buying Old Mutual?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.
Do I have to declare Old Mutual shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Old Mutual holding, its cost and its closing value.
How do I sell Old Mutual and bring the money back to India?
You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.