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XETRA · UCITS ETF

Invest in 2B76 ETF from India

Indian and foreign residents can buy iShares Automation & Robotics UCITS ETF (2B76) units directly through Paasa.

By Paasa · Updated

2B76 at a glance

Price
€19.59+€0.28 (1.45%)
Expense ratio
0.4%
Day range
€19.38 – €19.61
Assets
€4.8B
Domicile
Ireland
Holdings
158
Launched
2016
Dividends
—
1 month
+7.67%
6 months
+44.23%
YTD
+40.70%
1 year
+44.65%
5 years
+74.10%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1SNOWFLAKE3.7%
  2. 2ADVANTEST3.5%
  3. 3ADVANCED MICRO DEVICES3.5%
  4. 4SERVICENOW3.3%
  5. 5SAP3.2%
  6. 6EMERSON ELECTRIC3.0%
  7. 7NVIDIA3.0%
  8. 8TERADYNE2.9%
  9. 9INTEL CORPORATION2.9%
  10. 10KEYENCE2.9%

2B76 holds 158 securities in total. These 10 are 32.0% of the fund.

Where the money is invested

Sectors

  • Technology75.0%
  • Industrials21.9%
  • Healthcare2.5%
  • Consumer Cyclical0.5%
  • Communication Services0.1%
  • Basic Materials0.0%

Countries

  • United States57.1%
  • Japan13.3%
  • Germany7.3%
  • Switzerland5.7%
  • Taiwan (Province of China)4.3%
  • Canada2.6%

Similar funds

FundExpense ratioAssets
RBTXLSEiShares Automation & Robotics UCITS ETF0.4%4.1B
RBOTLSEiShares Automation & Robotics UCITS ETF0.4%5.4B
RBODLSEiShares Automation & Robotics UCITS ETF0.4%359.0M
2B7FXETRAiShares Automation & Robotics UCITS ETF0.4%316.3M

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

How to invest in 2B76 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 EUR when you buy.

  3. Step 3

    Search 2B76 and buy

    Find the fund by its ticker, 2B76, on XETRA, and place your order.

Why invest in 2B76 from India

What 2B76 holds

This investment fund aims to replicate the financial performance of an underlying index. This index comprises companies from both established and growing global markets that derive a substantial portion of their income from industries involved in the progress of automated and robotic solutions.

Outside US estate tax

2B76 is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.

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.

Why 2B76's UCITS structure matters for Indian investors

2B76 is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.

On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.

Capital gains are taxed in India the same way as on a US-listed ETF.

See UCITS options

Frequently asked questions

Can I buy 2B76 from India?

Yes. Indian residents can buy iShares Automation & Robotics UCITS ETF (2B76) through Paasa. It is listed on XETRA and trades in EUR. 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 2B76 invest in?

iShares Automation & Robotics UCITS ETF holds 158 securities. Its largest holdings are SNOWFLAKE (3.7%), ADVANTEST (3.5%) and ADVANCED MICRO DEVICES (3.5%). Technology is its largest sector at 75.0%. The fund is domiciled in Ireland.

What is the expense ratio of 2B76?

iShares Automation & Robotics UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about €4.8B.

Is 2B76 a UCITS ETF, and why does that matter for Indian investors?

Yes. iShares Automation & Robotics UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.

What tax do I pay in India when I sell 2B76?

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 EUR/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.

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