Euronext Amsterdam · UCITS ETF
Invest in ASIG ETF from India
Indian and foreign residents can buy iShares $ Asia Investment Grade Corp Bond UCITS ETF (ASIG) units directly through Paasa.
By Paasa · Updated
ASIG at a glance
- Price
- $5.40-$0.03 (0.46%)
- Expense ratio
- 0.2%
- Day range
- $5.40 – $5.40
- Assets
- $276.6M
- Domicile
- Ireland
- Holdings
- 498
- Launched
- 2021
- Dividends
- —
- 1 month
- +0.78%
- 6 months
- -0.84%
- YTD
- -0.30%
- 1 year
- -0.30%
- 5 years
- +7.88%
Price change, excluding dividends.
Top 10 holdings
- 1SANDS CHINA LTD 5.40% 08/08/2028 (SANLTD)0.8%
- 2CHINA LIFE INSURANCE OVERSEAS CO L RegS 5.35% 08/15/2033 (CHILOV)0.8%
- 3PETRONAS CAPITAL LTD MTN RegS 4.55% 04/21/2050 (PETMK)0.7%
- 4CHINA TAIPING INSURANCE HOLDINGS C RegS 6.40% 12/31/2079 (CTIH)0.6%
- 5PETRONAS CAPITAL LTD MTN RegS 3.50% 04/21/2030 (PETMK)0.6%
- 6ALIBABA GROUP HOLDING LTD 5.25% 05/26/2035 (BABA)0.6%
- 7PETRONAS CAPITAL LTD MTN RegS 5.34% 04/03/2035 (PETMK)0.6%
- 8TSMC GLOBAL LTD RegS 2.25% 04/23/2031 (TAISEM)0.6%
- 9ALIBABA GROUP HOLDING LTD 2.13% 02/09/2031 (BABA)0.6%
- 10HDFC BANK LTD (GANDHINAGAR BRANCH) RegS 5.40% 08/26/2031 (HDFCB)0.5%
ASIG holds 498 securities in total. These 10 are 6.3% of the fund.
Where the money is invested
Sectors
- Industrial38.7%
- Agency32.4%
- Financial Institutions26.7%
- Utility0.9%
- Local Authority0.8%
Countries
- Hong Kong22.4%
- South Korea15.3%
- United States9.5%
- China8.2%
- India7.4%
- British Virgin Islands6.9%
How to invest in ASIG 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 ASIG and buy
Find the fund by its ticker, ASIG, on Euronext Amsterdam, and place your order.
Why invest in ASIG from India
What ASIG holds
This fund's objective is to closely mirror the investment performance of the iBoxx USD Asia ex-Japan Corporates Investment Grade ESG Screened Index. The underlying index comprises US dollar-denominated, high-quality corporate bonds from businesses operating in Asian nations, excluding Japan, which have also met specific environmental, social, and governance screening requirements.
Outside US estate tax
ASIG is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
ASIG 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.
Why ASIG's UCITS structure matters for Indian investors
ASIG is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy ASIG from India?
Yes. Indian residents can buy iShares $ Asia Investment Grade Corp Bond UCITS ETF (ASIG) through Paasa. It is listed on Euronext Amsterdam 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 ASIG invest in?
iShares $ Asia Investment Grade Corp Bond UCITS ETF holds 498 securities. Its largest holdings are SANDS CHINA LTD 5.40% 08/08/2028 (SANLTD) (0.8%), CHINA LIFE INSURANCE OVERSEAS CO L RegS 5.35% 08/15/2033 (CHILOV) (0.8%) and PETRONAS CAPITAL LTD MTN RegS 4.55% 04/21/2050 (PETMK) (0.7%). Industrial is its largest sector at 38.7%. The fund is domiciled in Ireland.
What is the expense ratio of ASIG?
iShares $ Asia Investment Grade Corp Bond 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 $276.6M.
Is ASIG a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares $ Asia Investment Grade Corp Bond 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.
What tax do I pay in India when I sell ASIG?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.