London Stock Exchange ETF segment · UCITS ETF
Invest in BB3M ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - BetaBuilders US Treasury Bond 0-3 Months UCITS ETF (BB3M) units directly through Paasa.
By Paasa · Updated
BB3M at a glance
- Price
- $119.60+$0.02 (0.02%)
- Expense ratio
- 0.07%
- Day range
- $119.56 – $119.66
- Assets
- $1.8B
- Domicile
- Ireland
- Holdings
- 27
- Launched
- 2021
- Dividends
- —
- 1 month
- +0.29%
- 6 months
- +1.80%
- YTD
- +2.73%
- 1 year
- +3.77%
- 5 years
- +19.88%
Price change, excluding dividends.
Top 10 holdings
- 1US T BILL ZCP 10/01/267.6%
- 2US T BILL ZCP 10/29/266.9%
- 3Cash and Cash Equivalent6.5%
- 4US T BILL ZCP 10/08/266.3%
- 5US T BILL ZCP 10/20/265.7%
- 6US T BILL ZCP 10/22/265.6%
- 7US T BILL ZCP 10/15/265.5%
- 8US T BILL ZCP 10/06/265.4%
- 9US T BILL ZCP 11/27/265.0%
- 10US T BILL ZCP 09/29/264.5%
BB3M holds 27 securities in total. These 10 are 59.0% of the fund.
Where the money is invested
Countries
- United States100.0%
How to invest in BB3M 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 BB3M and buy
Find the fund by its ticker, BB3M, on the London Stock Exchange ETF segment, and place your order.
Why invest in BB3M from India
What BB3M holds
The primary goal of this Sub-Fund is to replicate the performance of US Dollar-denominated, fixed-coupon government securities issued by the U.S. Treasury, specifically those with a residual maturity of three months or less.
Outside US estate tax
BB3M 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
BB3M 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 BB3M's UCITS structure matters for Indian investors
BB3M 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 BB3M from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - BetaBuilders US Treasury Bond 0-3 Months UCITS ETF (BB3M) through Paasa. It is listed on the London Stock Exchange ETF segment 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 BB3M invest in?
JPMorgan ETFs Ireland ICAV - BetaBuilders US Treasury Bond 0-3 Months UCITS ETF holds 27 securities. Its largest holdings are US T BILL ZCP 10/01/26 (7.6%), US T BILL ZCP 10/29/26 (6.9%) and Cash and Cash Equivalent (6.5%). The fund is domiciled in Ireland.
What is the expense ratio of BB3M?
JPMorgan ETFs Ireland ICAV - BetaBuilders US Treasury Bond 0-3 Months UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.8B.
Is BB3M a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - BetaBuilders US Treasury Bond 0-3 Months 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 BB3M?
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.