iShares Edge MSCI World Minimum Volatility Advanced UCITS ETF
iShares Edge MSCI World Minimum Volatility Advanced UCITS ETF (SIX: MVEC) is an exchange-traded fund listed on the SIX Swiss Exchange, trading at CHF 6.56 (about ₹756 a unit) as of 29 Sep 2026, 9:11 AM ET. It has an expense ratio of 0.35% and holds 251 securities. Indian residents can buy MVEC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CHF 6.56
Today's high
CHF 6.56
52 week low
CHF 6.22
52 week high
CHF 6.83
MVEC opened at CHF 6.56, closed previously at CHF 6.59, and has traded between CHF 6.22 and CHF 6.83 over the past 52 weeks.
About
This particular share class is part of a fund designed to generate investor returns by combining asset appreciation and distributed income. Its primary goal is to mirror the performance of its benchmark index, the MSCI World Minimum Volatility Advanced Select Index. Operating under a passive management strategy, the underlying fund predominantly invests in the equity instruments (shares) that constitute this index, to the maximum practical extent.
Key statistics
Expense ratio
0.35%
Assets (AUM)
CHF 71.3M
Holdings
251
NAV
CHF 6.56
Avg. volume
—
1-year price change
+3.99%
5-year price change
+17.60%
Price change excludes dividends.
Top 10 holdings
MVEC holds 251 securities in total. These 10 are 13.5% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy MVEC from India
Indian residents can buy MVEC 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 CHF when you buy.
Search MVEC and buy
Find the fund by its ticker, MVEC, on the SIX Swiss Exchange, and place your order.
Read the full guide: how to invest in MVEC from India
Trading and taxes when buying MVEC 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
- 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 MVEC price today?
iShares Edge MSCI World Minimum Volatility Advanced UCITS ETF (MVEC) last traded at CHF 6.56 on the SIX Swiss Exchange, as of 29 Sep 2026, 9:11 AM ET. That is ₹756 a unit at the 29 Sep 2026 CHF/INR rate.
When does MVEC trade, in Indian time?
The SIX Swiss Exchange trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Switzerland is on standard time. Orders can only execute during that window.
How big is MVEC, and what does it cost to hold?
iShares Edge MSCI World Minimum Volatility Advanced UCITS ETF manages about CHF 71.3M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2021.
Is MVEC a UCITS ETF?
Yes. iShares Edge MSCI World Minimum Volatility Advanced 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 SIX Swiss Exchange and trades in CHF.
What are MVEC's largest holdings?
The top three are JOHNSON & JOHNSON (1.5%), MICROSOFT (1.5%) and COCA-COLA (1.4%). MVEC's 10 largest positions make up 13.5% of the fund.
Is MVEC subject to US estate tax?
No. Because MVEC 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 MVEC?
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 MVEC 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 MVEC performed?
MVEC's price is up 4.0% over the past year and up 17.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MVEC different from a US-listed ETF?
MVEC 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.