Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond Ucits ETF
Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond Ucits ETF (XETRA: SLMG) is an exchange-traded fund listed on XETRA, trading at €4.76 (about ₹520 a unit) as of 28 Sep 2026, 11:38 AM ET. It has an expense ratio of 0.5% and holds 816 securities. Indian residents can buy SLMG through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€4.76
Today's high
€4.83
52 week low
€4.76
52 week high
€5.05
SLMG opened at €4.81, closed previously at €4.80, and has traded between €4.76 and €5.05 over the past 52 weeks.
About
Offering an investment opportunity in U.S. dollar-denominated debt from emerging economies, this ETF also integrates Environmental, Social, and Governance (ESG) criteria into its selection process.
Key statistics
Expense ratio
0.5%
Assets (AUM)
€1.1B
Holdings
816
NAV
€4.83
Avg. volume
—
1-year price change
-1.43%
5-year price change
-7.55%
Price change excludes dividends.
Top 10 holdings
SLMG holds 816 securities in total. These 10 are 6.7% of the fund.
Where the money is invested
Countries
How to buy SLMG from India
Indian residents can buy SLMG 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 SLMG and buy
Find the fund by its ticker, SLMG, on XETRA, and place your order.
Read the full guide: how to invest in SLMG from India
Trading and taxes when buying SLMG 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.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the SLMG price today?
Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond Ucits ETF (SLMG) last traded at €4.76 on XETRA, as of 28 Sep 2026, 11:38 AM ET. That is ₹520 a unit at the 28 Sep 2026 EUR/INR rate.
When does SLMG 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 SLMG, and what does it cost to hold?
Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond Ucits ETF manages about €1.1B. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 2019.
Is SLMG a UCITS ETF?
Yes. Ishares II PLC - Ishares J.P. Morgan ESG Emerging Bond 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 SLMG's largest holdings?
The top three are ARGENTINA REPUBLIC OF GOVERNMENT 4.13% 07/09/2035 (ARGENT) (1.2%), URUGUAY (ORIENTAL REPUBLIC OF) 5.10% 06/18/2050 (URUGUA) (0.8%) and ARGENTINA REPUBLIC OF GOVERNMENT 0.75% 07/09/2030 (ARGENT) (0.7%). SLMG's 10 largest positions make up 6.7% of the fund.
Is SLMG subject to US estate tax?
No. Because SLMG 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 gains on SLMG 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 SLMG performed?
SLMG's price is down 1.4% over the past year and down 7.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is SLMG different from a US-listed ETF?
SLMG 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.