JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc)
JPM Ultra-Short Active UCITS ETF (XETRA: JEST) is an exchange-traded fund listed on XETRA, trading at €110.91 (about ₹11,539 a unit) as of 13 Nov 2026, 11:35 AM ET. It has an expense ratio of 0.18% and holds 253 securities. Indian residents can buy JEST through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€110.68
Today's high
€110.91
52 week low
€107.45
52 week high
€110.91
JEST opened at €110.68, closed previously at €110.79, and has traded between €107.45 and €110.91 over the past 52 weeks.
About
The fund endeavors to produce regular distributions while working to ensure the stability of the invested capital.
Key statistics
Expense ratio
0.18%
Assets (AUM)
€1.6B
Holdings
253
NAV
€110.73
Avg. volume
4.15K
1-year price change
+2.10%
5-year price change
+11.60%
Price change excludes dividends.
Top 10 holdings
JEST holds 253 securities in total. These 10 are 17.3% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy JEST from India
Indian residents can buy JEST units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in JEST from India
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 JEST and buy
Find the fund by its ticker, JEST, on XETRA, and place your order.
Track holdings and download tax reports
Follow your JEST position in EUR and INR. JEST reinvests its income instead of paying it out, so your filing is the capital-gains statement plus the Schedule FA holding line.
Trading and taxes when buying JEST 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
- 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.
FAQs
What is the JEST price today?
JPM Ultra-Short Active UCITS ETF (JEST) last traded at €110.91 on XETRA, as of 13 Nov 2026, 11:35 AM ET. That is ₹11,539 a unit at the 14 Nov 2026 EUR/INR rate.
When does JEST trade, in Indian time?
XETRA trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when Germany is on daylight time. Orders can only execute during that window.
How big is JEST, and what does it cost to hold?
JPM Ultra-Short Active UCITS ETF manages about €1.6B. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2018.
Is JEST a UCITS ETF?
Yes. JPM Ultra-Short Active 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 JEST's largest holdings?
The top three are Cash and Cash Equivalent (6.0%), ANZ NEW ZEA 0.2% 09/23/27/EUR/ (1.6%) and DNB BANK ASA V/R 01/18/28/EUR/ (1.5%). JEST's 10 largest positions make up 17.3% of the fund.
Is JEST subject to US estate tax?
No. Because JEST 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 JEST 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 JEST 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 JEST performed?
JEST's price is up 2.1% over the past year and up 11.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is JEST different from a US-listed ETF?
JEST 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.