XETRA · UCITS ETF
Invest in 36BZ ETF from India
Indian and foreign residents can buy iShares MSCI China A UCITS ETF (36BZ) units directly through Paasa.
By Paasa · Updated
36BZ at a glance
- Price
- €5.02+€0.01 (0.24%)
- Expense ratio
- 0.4%
- Day range
- €4.99 – €5.03
- Assets
- €2.2B
- Domicile
- Ireland
- Holdings
- 417
- Launched
- 2015
- Dividends
- —
- 1 month
- -3.07%
- 6 months
- +1.43%
- YTD
- +2.05%
- 1 year
- +3.74%
- 5 years
- -5.97%
Price change, excluding dividends.
Top 10 holdings
- 1KWEICHOW MOUTAI A3.3%
- 2CONTEMPORARY AMPEREX TECHNOLOGY A2.7%
- 3ZHONGJI INNOLIGHT A1.9%
- 4CHINA MERCHANTS BANK A1.8%
- 5CHINA YANGTZE POWER LTD A1.5%
- 6CAMBRICON TECHNOLOGIES CORPORATION1.4%
- 7FOXCONN INDUSTRIAL INTERNET LTD A1.3%
- 8ZIJIN MINING GROUP LTD A1.3%
- 9AGRICULTURAL BANK OF CHINA LTD A1.2%
- 10HYGON INFORMATION TECHNOLOGY LTD A1.2%
36BZ holds 417 securities in total. These 10 are 17.6% of the fund.
Where the money is invested
Sectors
- Technology32.7%
- Financial Services19.1%
- Industrials13.0%
- Basic Materials11.5%
- Consumer Defensive6.5%
- Consumer Cyclical4.8%
Countries
- China99.6%
- United States0.2%
- Other0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IASHLSEiShares MSCI China A UCITS ETF | 0.4% | 1.9B |
| CNYALSEiShares MSCI China A UCITS ETF | 0.4% | 2.5B |
| XX25LSEXtrackers MSCI China A UCITS ETF 1C | 0.35% | 97.5M |
| CNALLSEAmundi MSCI China A UCITS ETF Acc | 0.35% | 81.8M |
| HCAALSEHSBC MSCI CHINA A UCITS ETF | 0.3% | 95.1M |
Assets are shown in each fund's own reporting currency.
How to invest in 36BZ 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 36BZ and buy
Find the fund by its ticker, 36BZ, on XETRA, and place your order.
Why invest in 36BZ from India
What 36BZ holds
This fund's objective is to replicate the performance of a market index consisting of companies based in China. On May 3, 2018, a modification to its reference index took place, shifting from the MSCI China A International Index to the MSCI China A Inclusion Index.
Outside US estate tax
36BZ 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 36BZ's UCITS structure matters for Indian investors
36BZ 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 36BZ from India?
Yes. Indian residents can buy iShares MSCI China A UCITS ETF (36BZ) 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 36BZ invest in?
iShares MSCI China A UCITS ETF holds 417 securities. Its largest holdings are KWEICHOW MOUTAI A (3.3%), CONTEMPORARY AMPEREX TECHNOLOGY A (2.7%) and ZHONGJI INNOLIGHT A (1.9%). Technology is its largest sector at 32.7%. The fund is domiciled in Ireland.
What is the expense ratio of 36BZ?
iShares MSCI China A 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 €2.2B.
Is 36BZ a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI China A 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 36BZ?
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.