Tokyo Stock Exchange · ETF
Invest in 1475 ETF from India
Indian and foreign residents can buy iShares Core TOPIX ETF (1475) units directly through Paasa.
By Paasa · Updated
1475 at a glance
- Price
- ¥408.90+¥1.10 (0.27%)
- Expense ratio
- 0.05%
- Day range
- ¥407.80 – ¥411.80
- Assets
- ¥3.0T
- Domicile
- Japan
- Holdings
- 1,668
- Launched
- 2015
- Dividends
- Distributing
- 1 month
- -3.99%
- 6 months
- +0.84%
- YTD
- +15.87%
- 1 year
- +17.03%
- 5 years
- +95.37%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GROUP3.8%
- 2TOYOTA MOTOR3.0%
- 3SONY GROUP2.5%
- 4SUMITOMO MITSUI FINANCIAL GROUP2.5%
- 5RECRUIT HOLDINGS2.4%
- 6HITACHI2.2%
- 7MIZUHO FINANCIAL GROUP2.0%
- 8ADVANTEST1.8%
- 9TOKYO ELECTRON1.7%
- 10MITSUBISHI1.7%
1475 holds 1,668 securities in total. These 10 are 23.4% of the fund.
Where the money is invested
Sectors
- Electric Appliances18.3%
- Banks11.8%
- Wholesale Trade7.9%
- Information & Communication6.3%
- Transportation Equipment5.7%
- Machinery5.0%
Countries
- Japan100.0%
How to invest in 1475 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 1475 and buy
Find the fund by its ticker, 1475, on the Tokyo Stock Exchange, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.
Why invest in 1475 from India
What 1475 holds
The iShares Core TOPIX ETF aims to replicate the performance of the TOPIX Total Return Index. This index serves as a prominent benchmark, offering a comprehensive view of the overall trajectory of Japan's 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 1475 from India?
Yes. Indian residents can buy iShares Core TOPIX ETF (1475) 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 1475 invest in?
iShares Core TOPIX ETF holds 1,668 securities. Its largest holdings are MITSUBISHI UFJ FINANCIAL GROUP (3.8%), TOYOTA MOTOR (3.0%) and SONY GROUP (2.5%). Electric Appliances is its largest sector at 18.3%. It is a distributing fund domiciled in Japan.
What is the expense ratio of 1475?
iShares Core TOPIX 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 ¥3.0T.
How are 1475 dividends taxed in India?
iShares Core TOPIX 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 1475?
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 1475 unit?
Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥408.90 a unit, size the order by the lot.