London Stock Exchange ETF segment · UCITS ETF
Invest in BBSU ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - BetaBuilders US Equity UCITS ETF (BBSU) units directly through Paasa.
By Paasa · Updated
BBSU at a glance
- Price
- £55.42+£0.02 (0.04%)
- Expense ratio
- 0.04%
- Day range
- £55.35 – £55.42
- Assets
- £80.2M
- Domicile
- Ireland
- Holdings
- 471
- Launched
- 2019
- Dividends
- —
- 1 month
- +2.93%
- 6 months
- +18.23%
- YTD
- +13.95%
- 1 year
- +17.82%
- 5 years
- +89.62%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP8.0%
- 2APPLE INC7.4%
- 3MICROSOFT CORP5.7%
- 4AMAZON.COM INC3.7%
- 5ALPHABET INC-CL A3.0%
- 6BROADCOM INC2.5%
- 7ALPHABET INC-CL C2.4%
- 8META PLATFORMS INC-CLASS A2.4%
- 9MICRON TECHNOLOGY INC1.8%
- 10TESLA INC1.5%
BBSU holds 471 securities in total. These 10 are 38.4% of the fund.
Where the money is invested
Sectors
- Technology39.0%
- Financial Services12.1%
- Communication Services9.5%
- Consumer Cyclical9.2%
- Healthcare9.2%
- Industrials7.7%
Countries
- United States96.5%
- Ireland1.1%
- Other0.4%
- United Kingdom0.4%
- Switzerland0.3%
- Uruguay0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| BBDDLSEJPMorgan ETFs (Ireland) ICAV - BetaBuilders US Equity UCITS ETF | 0.04% | 80.2M |
| BBUDLSEJPMorgan ETFs (Ireland) ICAV - BetaBuilders US Equity UCITS ETF | 0.04% | 106.3M |
| BBUSLSEJPMorgan ETFs (Ireland) ICAV - BetaBuilders US Equity UCITS ETF | 0.04% | 106.3M |
| BBUSXETRAJPMorgan ETFs (Ireland) ICAV - BetaBuilders US Equity UCITS ETF | 0.04% | 93.8M |
Assets are shown in each fund's own reporting currency.
How to invest in BBSU 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 GBP when you buy.
Step 3
Search BBSU and buy
Find the fund by its ticker, BBSU, on the London Stock Exchange ETF segment, and place your order.
Why invest in BBSU from India
What BBSU holds
This fund aims to mirror the performance of its underlying Index primarily through investments in American equities.
Outside US estate tax
BBSU 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 BBSU's UCITS structure matters for Indian investors
BBSU 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 BBSU from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - BetaBuilders US Equity UCITS ETF (BBSU) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 BBSU invest in?
JPMorgan ETFs Ireland ICAV - BetaBuilders US Equity UCITS ETF holds 471 securities. Its largest holdings are NVIDIA CORP (8.0%), APPLE INC (7.4%) and MICROSOFT CORP (5.7%). Technology is its largest sector at 39.0%. The fund is domiciled in Ireland.
What is the expense ratio of BBSU?
JPMorgan ETFs Ireland ICAV - BetaBuilders US Equity UCITS ETF has an expense ratio of 0.04% a year, taken from the fund's assets rather than billed to you. The fund manages about £80.2M.
Is BBSU a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - BetaBuilders US Equity 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 BBSU?
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 GBP/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.