XETRA · ETF
Invest in 4BRZ ETF from India
Indian and foreign residents can buy iShares MSCI Brazil UCITS ETF DE (4BRZ) units directly through Paasa.
By Paasa · Updated
4BRZ at a glance
- Price
- $51.33-$0.76 (1.46%)
- Expense ratio
- 0.27%
- Day range
- $51.17 – $52.00
- Assets
- $4.8B
- Domicile
- Germany
- Holdings
- 46
- Launched
- 2018
- Dividends
- —
- 1 month
- +2.89%
- 6 months
- -0.35%
- YTD
- +15.24%
- 1 year
- +23.81%
- 5 years
- +66.76%
Price change, excluding dividends.
Top 10 holdings
- 1CIA VALE DO RIO DOCE SHVALE3.SA9.9%
- 2NU HOLDINGS CLASS ANU9.7%
- 3PETROLEO BRASILEIRO PREF SAPETR4.SA8.7%
- 4ITAU UNIBANCO HOLDING PREF SAITUB4.SA8.6%
- 5PETROLEO BRASILEIRO SA PETROBRASPETR3.SA7.7%
- 6BANCO BRADESCO PREFBBDC4.SA3.8%
- 7B3 BRASIL BOLSA BALCAO SAB3SA3.SA3.4%
- 8ITAUSA INVESTIMENTOS ITAU PREF SAITSA4.SA3.1%
- 9BCO BTG PACTUAL UNT SABPAC11.SA2.9%
- 10WEGWEGE3.SA2.8%
4BRZ holds 46 securities in total. These 10 are 60.6% of the fund.
Where the money is invested
Sectors
- Financial Services35.7%
- Energy18.8%
- Basic Materials14.8%
- Industrials11.0%
- Utilities10.8%
- Consumer Defensive3.9%
Countries
- Brazil97.8%
- Other0.8%
- Netherlands0.7%
- United States0.6%
How to invest in 4BRZ 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.
Step 3
Search 4BRZ and buy
Find the fund by its ticker, 4BRZ, on XETRA, and place your order.
Why invest in 4BRZ from India
What 4BRZ holds
This fund aims to replicate the returns of a benchmark index that includes companies based in Brazil.
Hold a dollar asset
4BRZ is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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 4BRZ from India?
Yes. Indian residents can buy iShares MSCI Brazil UCITS ETF DE (4BRZ) through Paasa. It is listed on XETRA and trades in US dollars. 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 4BRZ invest in?
iShares MSCI Brazil UCITS ETF DE holds 46 securities. Its largest holdings are CIA VALE DO RIO DOCE SH (9.9%), NU HOLDINGS CLASS A (9.7%) and PETROLEO BRASILEIRO PREF SA (8.7%). Financial Services is its largest sector at 35.7%. The fund is domiciled in Germany.
What is the expense ratio of 4BRZ?
iShares MSCI Brazil UCITS ETF DE has an expense ratio of 0.27% a year, taken from the fund's assets rather than billed to you. The fund manages about $4.8B.
What tax do I pay in India when I sell 4BRZ?
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 USD/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.