iShares VII plc-iShares USD Treasury Bond 1-3yr UCITS ETF USD (Acc) B
iShares VII plc-iShares Treasury Bond 1-3yr UCITS ETF B (LSE: CU31) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £95.02 (about ₹12,097 a unit) as of 1 Oct 2026, 5:32 AM ET. It has an expense ratio of 0.07% and holds 91 securities. Indian residents can buy CU31 through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£94.51
Today's high
£95.02
52 week low
£90.23
52 week high
£95.67
CU31 opened at £94.51, closed previously at £94.39, and has traded between £90.23 and £95.67 over the past 52 weeks.
About
This fund aims to mirror the returns of an index comprising US Dollar-denominated government debt securities issued by the United States Treasury.
Key statistics
Expense ratio
0.07%
Assets (AUM)
£503.9M
Holdings
91
NAV
£9,460.00
Avg. volume
—
1-year price change
+3.71%
5-year price change
+12.42%
Price change excludes dividends.
Top 10 holdings
CU31 holds 91 securities in total. These 10 are 14.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy CU31 from India
Indian residents can buy CU31 units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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.
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, and Interactive Brokers converts the dollars to GBP when you buy.
Search CU31 and buy
Find the fund by its ticker, CU31, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in CU31 from India
Trading and taxes when buying CU31 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
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the CU31 price today?
iShares VII plc-iShares Treasury Bond 1-3yr UCITS ETF B (CU31) last traded at £95.02 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 5:32 AM ET. That is ₹12,097 a unit at the 30 Sep 2026 GBP/INR rate.
When does CU31 trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. 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.
How big is CU31, and what does it cost to hold?
iShares VII plc-iShares Treasury Bond 1-3yr UCITS ETF B manages about £503.9M. Its expense ratio is 0.07% a year, deducted inside the fund. It launched in 2009.
Is CU31 a UCITS ETF?
Yes. iShares VII plc-iShares Treasury Bond 1-3yr UCITS ETF B is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in GBP.
What are CU31's largest holdings?
The top three are TREASURY NOTE 3.50% 01/31/2028 (TNOTE) (2.3%), TREASURY NOTE 3.63% 08/31/2029 (TNOTE) (1.4%) and TREASURY NOTE 4.63% 04/30/2029 (TNOTE) (1.4%). CU31's 10 largest positions make up 14.9% of the fund.
Is CU31 subject to US estate tax?
No. Because CU31 is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is CU31 accumulating or distributing?
Accumulating. 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.
How are gains on CU31 taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has CU31 performed?
CU31's price is up 3.7% over the past year and up 12.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is CU31 different from a US-listed ETF?
CU31 is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.