ETFs

ETF (UCITS compliant)

L&G India INR Government Bond UCITS ETF

The L&G India INR Government Bond UCITS ETF is the first ETF in Europe to provide dedicated exposure to India government bonds, a convenient and transparent way for investors to gain exposure to the country’s growing local-currency government bond market.

ISINIE00BL6K6H97

Price

TER0.39%

Fund aim

The L&G India INR Government Bond UCITS ETF (the “ETF”) aims to track the performance of the J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index (the “Index”).

Fund snapshot

The L&G India INR Government Bond UCITS ETF aims to provide exposure to the INR-denominated Indian government bonds that have been made eligible for investment to non-residents under the Fully Accessible Route (FAR).

Fund facts

Fund size$644.9m
Base currencyUSD
Fund launch date28 Oct 2021
DomicileIreland
Share class launch28 Oct 2021
Replication methodPhysical - full replication
ISA eligibleYes
SIPP eligibleYes
UK Fund Reporting statusYes
As at 13 Feb 2024

Benchmark

J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index

Index description

J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index

The J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index aims to track the performance of eligible fixed-rate, INR-denominated Indian government bonds, that have been made eligible for investment to non-residents under the FAR.

Index data

ProviderJ.P. Morgan
Bloomberg codeGBIEINFU
Reuters code.GBIEINFU
TypeTotal Return
WebsiteGo to website

Performance

Performance for the USD Distributing unit class in USD, launched on 28 October 2021. Source: Lipper. Performance assumes all ETF charges have been taken and that all income generated by the investments, after deduction of tax, remains in the ETF.
Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. The tables and charts above shows the fund's performance as the percentage loss or gain per year over the last 10 years.
Share class launch date:28 Oct 2021
Benchmark:J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index
Share class launch date:28 Oct 2021
Benchmark:J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index
    Share class launch date:28 Oct 2021
    Benchmark:J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index

    Portfolio breakdown

    Top 10 holdings41.3%
    Rest of portfolio58.7%
    No. of holdings in ETF38
    No. of constituents in Index30

    Top 10 holdings (%)

    India Government Bond 7.36% 12 Sep 524.5
    India Government Bond 7.26% 22 Aug 324.2
    India Government Bond 7.41% 19 Dec 364.2
    India Government Bond 7.1% 18 Apr 294.2
    India Government Bond 6.54% 17 Jan 324.2
    India Government Bond 7.54% 23 May 364.1
    India Government Bond 5.63% 12 Apr 264.0
    India Government Bond 6.1% 12 Jul 314.0
    India Government Bond 6.99% 15 Dec 513.9
    India Government Bond 6.67% 17 Dec 503.9

    Country (%)

    India
    97.9
    Supranational
    2.1

    All data source LGIM unless otherwise stated. Totals may not sum to 100% due to rounding. In order to minimise transaction costs, the Fund will not always own all the assets that constitute the index and on occasion it will own assets that are not in the index. The number of fund holdings can also differ from the index due to corporate events and proxy holdings.

    Fund managers

    LGIM Index Fund Management Team headshot

    LGIM Index Fund Management Team

    The Index Fund Management team comprises 25 fund managers, supported by two analysts. Management oversight is provided by the Global Head of Index Funds. The team has average industry experience of 15 years, of which seven years has been at LGIM, and is focused on achieving the equally important objectives of close tracking and maximising returns.

    Literature

    Prices

    Pricing information

    Price time16:00 EST (NY)
    CurrencyUSD
    Monthly price history

    Download full price history

    Listings and codes

    Listings

    ExchangeCurrencyTickerISINBloombergReutersListing dateTrading hours (local)
    London Stock Exchange
    GBPTIGGIE00BL6K6H97TIGG LNTIGG.L28/10/202108:00 - 16:30
    London Stock Exchange
    USDTIGRIE00BL6K6H97TIGR LNTIGR.L28/10/202108:00 - 16:30
    Borsa Italiana
    EURTIGRIE00BL6K6H97TIGR IMTIGR.MI28/10/202109:00 - 17:30
    Deutsche Börse Xetra
    EURTIGRIE00BL6K6H97TIGR GYTIGRG.DE28/10/202109:00 - 17:30
    SIX Swiss Exchange
    CHFTIGRIE00BL6K6H97TIGR SWTIGR.S17/11/202109:00 - 17:30
    Bolsa Mexicana
    MXNTIGRIE00BL6K6H97TIGR1N MMTIGR1N.MX17/07/202309:00 - 17:30

    Codes

    ISINIE00BL6K6H97
    SEDOLBL6K6H9
    BloombergTIGR
    MEX-

    Dealing information

    IssuerLegal & General UCITS ETF Plc
    Depositary and TrusteeThe Bank of New York Mellon SA/NV, Dublin Branch
    Securities regulatorCentral Bank of Ireland

    Country registration

    This share class is registered for sale in the following countries:

    Austria
    Denmark
    Finland
    France
    Germany
    Ireland
    Italy
    Luxembourg
    Netherlands
    Norway
    Singapore*
    Spain
    Sweden
    Switzerland
    United Kingdom

    *The Fund is on the list of restricted collective investment schemes, but is not authorised or recognised by the Monetary Authority of Singapore (the “MAS”) and the Shares cannot be offered or marketed to retail clients.