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Tokyo Stock Exchange · ETF

Invest in 1329 ETF from India

Indian and foreign residents can buy iShares Core Nikkei 225 ETF (1329) units directly through Paasa.

By Paasa · Updated

1329 at a glance

Price
¥6,961.00+¥150.00 (2.20%)
Expense ratio
0.05%
Day range
¥6,883.00 – ¥6,978.00
Assets
¥2.1T
Domicile
Japan
Holdings
225
Launched
2001
Dividends
Distributing
1 month
+1.38%
6 months
+29.12%
YTD
+32.79%
1 year
+48.93%
5 years
+127.48%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1ADVANTEST12.3%
  2. 2TOKYO ELECTRON8.6%
  3. 3FAST RETAILING8.3%
  4. 4SOFTBANK GROUP7.6%
  5. 5RECRUIT HOLDINGS LTD2.5%
  6. 6IBIDEN LTD2.3%
  7. 7TDK2.3%
  8. 8KIOXIA HOLDINGS1.9%
  9. 9KDDI1.8%
  10. 10FUJIKURA1.5%

1329 holds 225 securities in total. These 10 are 49.0% of the fund.

Where the money is invested

Sectors

  • Technology36.3%
  • Industrials17.5%
  • Consumer Cyclical15.4%
  • Communication Services12.6%
  • Healthcare6.0%
  • Basic Materials4.1%

Countries

  • Japan99.8%
  • Other0.2%

Similar funds

FundExpense ratioAssets
XDJPLSEXtrackers Nikkei 225 UCITS ETF 1D0.09%2.4B
XDJEXETRAXtrackers Nikkei 225 UCITS ETF 2D EUR Hedged0.19%2.8B

Assets are shown in each fund's own reporting currency.

How to invest in 1329 from India

  1. Step 1

    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.

  2. Step 2

    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 JPY when you buy.

  3. Step 3

    Search 1329 and buy

    Find the fund by its ticker, 1329, on the Tokyo Stock Exchange, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in 1329 from India

What 1329 holds

The iShares Core Nikkei 225 ETF seeks to track the performance of the Nikkei 225 Total Return Index. The Nikkei 225 Total Return Index is one of the leading indexes representing the Japanese equity market.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy 1329 from India?

Yes. Indian residents can buy iShares Core Nikkei 225 ETF (1329) through Paasa. It is listed on the Tokyo Stock Exchange and trades in JPY. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.

What does 1329 invest in?

iShares Core Nikkei 225 ETF holds 225 securities. Its largest holdings are ADVANTEST (12.3%), TOKYO ELECTRON (8.6%) and FAST RETAILING (8.3%). Technology is its largest sector at 36.3%. It is a distributing fund domiciled in Japan.

What is the expense ratio of 1329?

iShares Core Nikkei 225 ETF has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about ¥2.1T.

How are 1329 dividends taxed in India?

iShares Core Nikkei 225 ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

What tax do I pay in India when I sell 1329?

Japan generally does not levy capital gains tax on non-resident individual investors. In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the JPY/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Can I buy a single 1329 unit?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥6,961.00 a unit, size the order by the lot.

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