UBS AM Lists Two India-Focused ETFs on London Stock Exchange

UBS AM has expanded its emerging markets equity lineup on the London Stock Exchange today with the listing of two new UCITS ETFs providing exposure to Indian equities.

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Article created by the editorial staff of ETFWorld.co.uk

André Mueller, Head of Client Coverage at UBS Asset Management

The funds offer distinct approaches to the market: one provides low-cost synthetic replication of the broad MSCI India index, while the other applies ESG and low-carbon screens through physical replication.

UBS MSCI India SF UCITS ETF (IE000N70F6V6)

The UBS MSCI India SF UCITS ETF is designed to track the MSCI India Total Return Index (USD), which measures the performance of large and mid-capitalisation Indian companies.

This fund utilises synthetic replication. It invests in financial derivative instruments (FDIs) with UBS AG, London Branch, acting as the swap counterparty. Under the terms of the swap, the performance of the index is transferred to the fund. To mitigate counterparty risk, collateral is provided to the ETF in the form of G10 government bonds, supranational bonds, and cash.

The fund has a Total Expense Ratio (TER) of 0.15 per cent. It is classified as a UCITS-compliant passive fund and accumulates income. Data indicates the fund was initially launched in November 2025 .

UBS MSCI India Universal UCITS ETF (IE000MZFIJ99)

The second listing, the UBS MSCI India Universal UCITS ETF, tracks a different benchmark: the MSCI India Universal Low Carbon Select 5% Issuer Capped Index.

This index is also based on the large and mid-cap space of the Indian equity market but applies additional filters. According to the index methodology, it is designed to reflect the performance of a strategy seeking exposure to companies with a robust ESG profile and a positive trend in improving that profile . The index also applies a 5 per cent cap on any single issuer to ensure diversification .

In contrast to the SF variant, this fund uses physical replication. It invests directly in a representative sample of equities from the underlying index, an approach known as optimised sampling . The fund holds approximately 130 positions, with top holdings as of late 2025 including Reliance Industries, ICICI Bank, and HDFC Bank .

The fund carries a TER of 0.35 per cent. It is classified under Article 8 of the SFDR, promoting environmental and social characteristics. The fund has a distributing (dividend-paying) policy and was also launched in November 2025 .

Market Context

The listings provide investors with two distinct tools for accessing the Indian equity market. The first offers broad market exposure at a competitive price point via a synthetic structure. The second offers a rules-based approach to integrating ESG and climate considerations into Indian equity investment, using a direct physical holding structure. Both funds are domiciled in Ireland and are available to trade on the LSE effective today.

Source: ETFWorld