JPM EUR Ultra-Short Income Active UCITS ETF – EUR (acc)
JPM Ultra-Short Active UCITS ETF (LSE: JSET) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £92.44 (about ₹11,529 a unit) as of 13 Nov 2026, 10:17 AM ET. It has an expense ratio of 0.18% and holds 253 securities. Indian residents can buy JSET through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£92.44
Today's high
£92.59
52 week low
£92.16
52 week high
£95.99
JSET opened at £92.56, closed previously at £92.55, and has traded between £92.16 and £95.99 over the past 52 weeks.
About
The primary objective of this Sub-Fund is to deliver ongoing income, with a concurrent focus on minimizing fluctuations in the invested capital.
Key statistics
Expense ratio
0.18%
Assets (AUM)
£1.2B
Holdings
253
NAV
£92.39
Avg. volume
3.28K
1-year price change
-3.64%
5-year price change
+8.96%
Price change excludes dividends.
Top 10 holdings
JSET holds 253 securities in total. These 10 are 17.3% of the fund.
Where the money is invested
Sectors
Countries
How to buy JSET from India
Indian residents can buy JSET 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 JSET 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 GBP when you buy.
Search JSET and buy
Find the fund by its ticker, JSET, on the London Stock Exchange ETF segment, and place your order.
Track holdings and download tax reports
Follow your JSET position in GBP and INR. JSET 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 JSET 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.
FAQs
What is the JSET price today?
JPM Ultra-Short Active UCITS ETF (JSET) last traded at £92.44 on the London Stock Exchange ETF segment, as of 13 Nov 2026, 10:17 AM ET. That is ₹11,529 a unit at the 13 Nov 2026 GBP/INR rate.
When does JSET trade, in Indian time?
The London Stock Exchange ETF segment trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when the UK is on daylight time. Orders can only execute during that window.
How big is JSET, and what does it cost to hold?
JPM Ultra-Short Active UCITS ETF manages about £1.2B. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2018.
Is JSET 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 the London Stock Exchange ETF segment and trades in GBP.
What are JSET'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%). JSET's 10 largest positions make up 17.3% of the fund.
Is JSET subject to US estate tax?
No. Because JSET 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 JSET 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 JSET 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 JSET performed?
JSET's price is down 3.6% over the past year and up 9.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is JSET different from a US-listed ETF?
JSET 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.