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NASDAQ · ETF

Invest in BGRN ETF from India

Indian and foreign residents can buy iShares Green Bond ETF (BGRN) units directly through Paasa.

By Paasa · Updated

BGRN at a glance

Price
$45.89+$0.04 (0.10%)
Expense ratio
0.2%
Day range
$45.77 – $45.93
Assets
$499.9M
Domicile
the US
Holdings
313
Launched
2018
Dividends
Distributing
1 month
-2.59%
6 months
-3.13%
YTD
-4.42%
1 year
-4.48%
5 years
-16.57%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1EUROPEAN INVESTMENT BANK 4.38% 10/10/20312.0%
  2. 2EUROPEAN INVESTMENT BANK 3.75% 02/14/20331.9%
  3. 3BLK CSH FND TREASURY SL AGENCY1.6%
  4. 4KFW 1.00% 10/01/20261.2%
  5. 5FORD MOTOR COMPANY 3.25% 02/12/20321.0%
  6. 6JPMORGAN CHASE & CO 6.07% 10/22/20270.9%
  7. 7KFW 1.75% 09/14/20290.9%
  8. 8KFW 4.38% 02/28/20340.9%
  9. 9INTERNATIONAL FINANCE CORP MTN 4.25% 07/14/20310.9%
  10. 10ISRAEL (STATE OF) 4.50% 01/17/20330.9%

BGRN holds 313 securities in total. These 10 are 12.2% of the fund.

Where the money is invested

Countries

  • United States39.7%
  • Hong Kong8.0%
  • Cayman Islands7.4%
  • Luxembourg6.7%
  • United Arab Emirates5.9%
  • South Korea5.3%

Similar funds

FundExpense ratioAssets
GRNBAMEXVanEck Green Bond ETF0.2%189.1M
CBUPXETRAiShares € Green Bond UCITS ETF0.2%49.7M

Assets are shown in each fund's own reporting currency.

How to invest in BGRN from India

  1. 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.

  2. 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.

  3. Step 3

    Search BGRN and buy

    Find the fund by its ticker, BGRN, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.

Why invest in BGRN from India

What BGRN holds

The iShares USD Green Bond ETF endeavors to mirror the performance of a designated index. This index comprises investment-grade green bonds, denominated in US dollars, which are issued by both American and international entities.

Hold a dollar asset

BGRN 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.

Buy a fraction of a unit

Buy by amount, not by unit, and get the matching fraction of one BGRN unit. There is no minimum trade size.

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.

Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.

US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.

A UCITS ETF tracking a similar market sits outside US estate tax.

How US estate tax works See UCITS options

Frequently asked questions

Can I buy BGRN from India?

Yes. Indian residents can buy iShares Green Bond ETF (BGRN) through Paasa. It is listed on NASDAQ 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 BGRN invest in?

iShares Green Bond ETF holds 313 securities. Its largest holdings are EUROPEAN INVESTMENT BANK 4.38% 10/10/2031 (2.0%), EUROPEAN INVESTMENT BANK 3.75% 02/14/2033 (1.9%) and BLK CSH FND TREASURY SL AGENCY (1.6%). It is a distributing fund domiciled in the US.

What is the expense ratio of BGRN?

iShares Green Bond 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 $499.9M.

How are BGRN dividends taxed in India?

iShares Green Bond ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

What tax do I pay in India when I sell BGRN?

The US does not levy capital gains tax on shares for Indian residents. 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.

Can I buy a fraction of one BGRN unit?

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $45.89, and there is no minimum trade size.

What happens to my BGRN units if I pass away?

US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

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