iShares Euro Government Bond 15-30yr UCITS ETF (Dist)
iShares Euro Government Bond 15-30yr UCITS ETF (XETRA: IBCL) is an exchange-traded fund listed on XETRA, trading at €148.85 (about ₹16,201 a unit) as of 30 Sep 2026, 11:36 AM ET. It has an expense ratio of 0.15% and holds 53 securities. Indian residents can buy IBCL through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€148.85
Today's high
€149.75
52 week low
€148.78
52 week high
€173.45
IBCL opened at €149.75, closed previously at €148.78, and has traded between €148.78 and €173.45 over the past 52 weeks.
About
This fund is designed to replicate the returns of a specific benchmark index. This index consists of high-quality government debt securities issued by France, Germany, Italy, the Netherlands, and Spain.
Key statistics
Expense ratio
0.15%
Assets (AUM)
€691.5M
Holdings
53
NAV
€149.11
Avg. volume
—
1-year price change
-11.46%
5-year price change
-45.21%
Price change excludes dividends.
Top 10 holdings
IBCL holds 53 securities in total. These 10 are 30.0% of the fund.
Where the money is invested
Countries
How to buy IBCL from India
Indian residents can buy IBCL 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 EUR when you buy.
Search IBCL and buy
Find the fund by its ticker, IBCL, on XETRA, and place your order.
Read the full guide: how to invest in IBCL from India
Trading and taxes when buying IBCL from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the IBCL price today?
iShares Euro Government Bond 15-30yr UCITS ETF (IBCL) last traded at €148.85 on XETRA, as of 30 Sep 2026, 11:36 AM ET. That is ₹16,201 a unit at the 30 Sep 2026 EUR/INR rate.
When does IBCL trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is IBCL, and what does it cost to hold?
iShares Euro Government Bond 15-30yr UCITS ETF manages about €691.5M. Its expense ratio is 0.15% a year, deducted inside the fund. It launched in 2006.
Is IBCL a UCITS ETF?
Yes. iShares Euro Government Bond 15-30yr 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 XETRA and trades in EUR.
What are IBCL's largest holdings?
The top three are GERMANY (FEDERAL REPUBLIC OF) RegS 2.50% 08/15/2046 (DBR) (3.7%), GERMANY (FEDERAL REPUBLIC OF) RegS 2.50% 07/04/2044 (DBR) (3.5%) and GERMANY (FEDERAL REPUBLIC OF) RegS 2.90% 08/15/2056 (DBR) (3.3%). IBCL's 10 largest positions make up 30.0% of the fund.
Is IBCL subject to US estate tax?
No. Because IBCL 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 IBCL accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on IBCL 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 IBCL performed?
IBCL's price is down 11.5% over the past year and down 45.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is IBCL different from a US-listed ETF?
IBCL 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.