Yes, you can invest a fixed amount in UCITS ETFs every month from India, much like a mutual fund SIP.
The cost to watch is not the fund or the brokerage but the fixed fee some banks charge each time you send money abroad. It can take a large bite out of a small SIP of ₹10,000 to ₹20,000 a month.
This guide shows how a monthly SIP works on Paasa, the costs each remittance can carry, and when a lump sum makes more sense.
Table of contents
How a monthly SIP works on Paasa
A UCITS ETF SIP has two steps each month: send money abroad, then buy the fund.
- Open your Paasa account and complete KYC online. There is no minimum balance and no monthly platform fee on the Access plan.
- Send money under LRS. Paasa pre-fills the LRS paperwork for each remittance.
- Buy your UCITS ETF. You can buy fractional units, so you can invest the exact amount you sent rather than rounding to whole units.
- Repeat each month, or less often if you batch your remittances.
If you have not picked a fund yet, see Top UCITS ETFs for Indian investors.
For the full buying process, from the broker account to placing the order, see how to buy UCITS ETFs from India.
What each remittance costs
Each remittance can carry up to four costs:
- The bank's transaction fee. A fixed amount per remittance, plus 18% GST.
- GST on currency conversion. Charged on a small notional value of the amount converted, not on the full amount.
- The exchange rate margin. The gap between the rate you get and the market rate. Banks rarely publish it.
- Intermediary bank charges. Fees taken by banks that pass the payment along. These vary and are usually not published in advance.
Lump sum or SIP
If you already have a sum ready to invest, putting it in at once means fewer remittances and lower fees. A monthly SIP suits money that comes from your salary each month, and it spreads your buying across different market prices.
You can also combine the two: invest what you have now in one remittance, then add a fixed amount each month or quarter.
Related: What are UCITS ETFs? and How to buy UCITS ETFs from India
About Paasa
Paasa is a global investing platform for Indian residents and NRIs. It gives you direct access to stocks, ETFs and UCITS funds on their home exchanges across the US, Canada, the UK, Germany, France, Switzerland, the Netherlands, South Korea, Japan, Hong Kong and Singapore.
- UCITS access: Buy UCITS ETFs and UCITS mutual funds in USD, GBP or EUR lines from one account.
- LRS and FEMA handled: The remittance paperwork is prepared for you, and every INR transfer is tracked for your return.
- Tax reports: Schedule FA, capital gains and dividend reports built for Indian tax returns, included with the account.
