Tokyo Stock Exchange · ETF
Invest in 1364 ETF from India
Indian and foreign residents can buy iShares JPX-Nikkei 400 ETF (1364) units directly through Paasa.
By Paasa · Updated
1364 at a glance
- Price
- ¥3,789.00+¥23.00 (0.61%)
- Expense ratio
- 0.05%
- Day range
- ¥3,750.00 – ¥3,790.00
- Assets
- ¥607.6B
- Domicile
- Japan
- Holdings
- 400
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -0.21%
- 6 months
- +12.87%
- YTD
- +19.41%
- 1 year
- +29.58%
- 5 years
- +97.45%
Price change, excluding dividends.
Top 10 holdings
- 1RECRUIT HOLDINGS LTD6098.T2.1%
- 2HITACHI6501.T1.8%
- 3ITOCHU8001.T1.8%
- 4MITSUI8031.T1.6%
- 5SONY GROUP6758.T1.6%
- 6MITSUBISHI UFJ FINANCIAL GROUP8306.T1.6%
- 7MITSUBISHI8058.T1.6%
- 8TOKIO MARINE HOLDINGS8766.T1.6%
- 9MITSUBISHI HEAVY INDUSTRIES7011.T1.6%
- 10MIZUHO FINANCIAL GROUP8411.T1.6%
1364 holds 400 securities in total. These 10 are 17.0% of the fund.
Where the money is invested
Sectors
- Industrials27.6%
- Technology18.6%
- Financial Services15.1%
- Consumer Cyclical11.6%
- Communication Services6.5%
- Healthcare5.8%
Countries
- Japan100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JPXNAMEXiShares JPX-Nikkei 400 ETF | 0.48% | 137.5M |
| N400LSEInvesco JPX-Nikkei 400 UCITS ETF | 0.19% | 217.2M |
| NS4EXETRAInvesco JPX-Nikkei 400 UCITS ETF | 0.19% | 188.9M |
| N4USLSEInvesco JPX-Nikkei 400 UCITS ETF | 0.19% | 214.9M |
Assets are shown in each fund's own reporting currency.
How to invest in 1364 from India
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.
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.
Step 3
Search 1364 and buy
Find the fund by its ticker, 1364, on the Tokyo Stock Exchange, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.
Why invest in 1364 from India
What 1364 holds
The iShares JPX-Nikkei 400 ETF is designed to mirror the financial performance of the JPX-Nikkei Index 400 Total Return Index. This particular index comprises companies that have undergone a stringent selection process, focusing on their profitability, return on equity, and a proven track record of activities that benefit shareholders.
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 1364 from India?
Yes. Indian residents can buy iShares JPX-Nikkei 400 ETF (1364) 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 1364 invest in?
iShares JPX-Nikkei 400 ETF holds 400 securities. Its largest holdings are RECRUIT HOLDINGS LTD (2.1%), HITACHI (1.8%) and ITOCHU (1.8%). Industrials is its largest sector at 27.6%. It is a distributing fund domiciled in Japan.
What is the expense ratio of 1364?
iShares JPX-Nikkei 400 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 ¥607.6B.
How are 1364 dividends taxed in India?
iShares JPX-Nikkei 400 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 1364?
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 1364 unit?
Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥3,789.00 a unit, size the order by the lot.