XETRA · UCITS ETF
Invest in 36B3 ETF from India
Indian and foreign residents can buy iShares MSCI Europe SRI UCITS ETF (36B3) units directly through Paasa.
By Paasa · Updated
36B3 at a glance
- Price
- €7.96+€0.03 (0.37%)
- Expense ratio
- 0.2%
- Day range
- €7.96 – €8.01
- Assets
- €196.1M
- Domicile
- Ireland
- Holdings
- 121
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -3.11%
- 6 months
- +12.33%
- YTD
- +6.76%
- 1 year
- +11.07%
- 5 years
- +11.23%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDINGASML.AS7.1%
- 2NOVARTIS AGNOVN.SW4.6%
- 3SCHNEIDER ELECTRICSU.PA4.2%
- 4ABB LTDABBN.SW4.1%
- 5ZURICH INSURANCE GROUP AGZURN.SW3.2%
- 6ING GROEPINGA.AS3.1%
- 7LOREAL SAOR.PA3.1%
- 8AXA SACS.PA2.4%
- 9SAPSAP.DE2.4%
- 10MUENCHENER RUECKVERSICHERUNGS-GESEMUV2.DE2.2%
36B3 holds 121 securities in total. These 10 are 36.4% of the fund.
Where the money is invested
Sectors
- Financial Services25.5%
- Industrials19.7%
- Healthcare12.9%
- Technology12.7%
- Consumer Defensive9.3%
- Basic Materials6.3%
Countries
- Switzerland23.4%
- France18.1%
- Netherlands14.9%
- United Kingdom12.1%
- Germany10.0%
- Sweden4.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IESGLSEiShares MSCI Europe SRI UCITS ETF | 0.2% | 2.6B |
| ESIELSEiShares MSCI Europe SRI UCITS ETF EUR (Acc) | 0.18% | 235.1M |
| IDSEAMSiShares MSCI Europe SRI UCITS ETF | 0.2% | 25.8M |
| CBUDXETRAiShares MSCI Europe SRI UCITS ETF | 0.23% | 8.5M |
Assets are shown in each fund's own reporting currency.
How to invest in 36B3 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 EUR when you buy.
Step 3
Search 36B3 and buy
Find the fund by its ticker, 36B3, on XETRA, and place your order.
Why invest in 36B3 from India
What 36B3 holds
The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI Europe SRI Select Reduced Fossil Fuel Index.
Outside US estate tax
36B3 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 36B3's UCITS structure matters for Indian investors
36B3 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.
Frequently asked questions
Can I buy 36B3 from India?
Yes. Indian residents can buy iShares MSCI Europe SRI UCITS ETF (36B3) 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 36B3 invest in?
iShares MSCI Europe SRI UCITS ETF holds 121 securities. Its largest holdings are ASML HOLDING (7.1%), NOVARTIS AG (4.6%) and SCHNEIDER ELECTRIC (4.2%). Financial Services is its largest sector at 25.5%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of 36B3?
iShares MSCI Europe SRI UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €196.1M.
Is 36B3 a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI Europe SRI 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.
How are 36B3 dividends taxed in India?
iShares MSCI Europe SRI UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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 36B3?
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.