Invesco MSCI Emerging Markets Universal Screened UCITS ETF
Invesco MSCI Emerging Markets Universal Screened UCITS ETF (LSE: ESEM) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $59.26 (about ₹5,693 a unit) as of 29 Sep 2026, 11:35 AM ET. It has an expense ratio of 0.19%. Indian residents can buy ESEM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$59.26
Today's high
$59.58
52 week low
$43.49
52 week high
$61.15
ESEM opened at $59.36, closed previously at $59.20, and has traded between $43.49 and $61.15 over the past 52 weeks.
About
The Invesco MSCI Emerging Markets Universal Screened UCITS ETF seeks to deliver the net total return performance of the MSCI EM Universal Select Business Screens Index, after accounting for management fees. This benchmark index targets large and mid-capitalisation companies across global emerging markets. Its sophisticated strategy involves adjusting the free-float market capitalisation weights of constituents based on environmental, social, and governance (ESG) metrics, aiming to increase allocation towards companies with both robust ESG profiles and a positive trajectory in improving these standards. The index is constructed by starting with the MSCI Emerging Markets Index and then systematically excluding specific types of securities. These exclusions apply to companies that have not received an ESG assessment or rating from MSCI; those involved in significant ESG controversies within the last three years; firms with an MSCI ESG Rating of CCC; and businesses engaged in controversial weapons, conventional weapons, nuclear weapons, civilian firearms, oil sands, thermal coal, tobacco, or recreational cannabis. Each eligible company subsequently receives a combined ESG score, which incorporates its current MSCI ESG rating alongside the observed trend in that rating over time. This comprehensive score is crucial for re-weighting the securities within the Reference Index. The fund is passively managed and employs a representative sampling approach. Its portfolio managers utilize modelling tools to invest in a carefully chosen subset of the index's securities. This method aims to closely mirror the index's performance while minimizing the costs typically associated with full replication. The fund’s holdings are rebalanced in tandem with the Reference Index, which undergoes a review and adjustment process twice a year. It is important to note that an investment in this fund represents the acquisition of units in a passively managed, index-tracking fund, rather than direct ownership of the underlying assets.
Key statistics
Expense ratio
0.19%
Assets (AUM)
$179.7M
Holdings
—
NAV
$59.13
Avg. volume
—
1-year price change
+34.93%
5-year price change
+54.69%
Price change excludes dividends.
Top 10 holdings
These 10 are 27.2% of the fund.
Where the money is invested
Sectors
Countries
How to buy ESEM from India
Indian residents can buy ESEM 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.
Search ESEM and buy
Find the fund by its ticker, ESEM, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in ESEM from India
Trading and taxes when buying ESEM 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 foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the ESEM price today?
Invesco MSCI Emerging Markets Universal Screened UCITS ETF (ESEM) last traded at $59.26 on the London Stock Exchange ETF segment, as of 29 Sep 2026, 11:35 AM ET. That is ₹5,693 a unit at the 29 Sep 2026 USD/INR rate.
When does ESEM 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 ESEM, and what does it cost to hold?
Invesco MSCI Emerging Markets Universal Screened UCITS ETF manages about $179.7M. Its expense ratio is 0.19% a year, deducted inside the fund. It launched in 2021.
Is ESEM a UCITS ETF?
Yes. Invesco MSCI Emerging Markets Universal Screened UCITS ETF 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 US dollars.
What are ESEM's largest holdings?
The top three are SK HYNIX INC KRW5000 (5.3%), TAIWAN SEMICONDUCTOR MANUFAC TWD10 (5.3%) and SAMSUNG ELECTRONICS CO LTD KRW100 (4.6%). ESEM's 10 largest positions make up 27.2% of the fund.
Is ESEM subject to US estate tax?
No. Because ESEM 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.
How are US dividends taxed inside ESEM?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on ESEM taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has ESEM performed?
ESEM's price is up 34.9% over the past year and up 54.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is ESEM different from a US-listed ETF?
ESEM is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.