XETRA · UCITS ETF
Invest in CBUM ETF from India
Indian and foreign residents can buy iShares S&P 500 Scored and Screened UCITS ETF (CBUM) units directly through Paasa.
By Paasa · Updated
CBUM at a glance
- Price
- €8.63-€0.03 (0.37%)
- Expense ratio
- 0.1%
- Day range
- €8.60 – €8.63
- Assets
- €335.5M
- Domicile
- Ireland
- Holdings
- 324
- Launched
- 2022
- Dividends
- —
- 1 month
- -4.91%
- 6 months
- +0.76%
- YTD
- +6.48%
- 1 year
- +7.95%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA10.7%
- 2MICROSOFT9.8%
- 3ALPHABET CLASS A4.4%
- 4ALPHABET CLASS C3.5%
- 5ELI LILLY2.9%
- 6MICRON TECHNOLOGY2.3%
- 7VISA CLASS A1.8%
- 8WALMART1.4%
- 9MASTERCARD CLASS A1.4%
- 10ABBVIE1.3%
CBUM holds 324 securities in total. These 10 are 39.6% of the fund.
Where the money is invested
Sectors
- Technology34.9%
- Financial Services13.8%
- Healthcare13.6%
- Communication Services9.9%
- Industrials7.9%
- Consumer Defensive5.9%
Countries
- United States99.4%
- Switzerland0.3%
- China0.2%
- Ireland0.1%
- United Kingdom0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SNPEAMEXXtrackers S&P 500 Scored & Screened ETF | 0.1% | 2.9B |
| SPXELSEInvesco S&P 500 Scored & Screened UCITS ETF | 0.09% | 3.7B |
| ESPXAMSiShares S&P 500 Scored and Screened UCITS ETF | 0.07% | 504.6M |
| 5ESEXETRAInvesco S&P 500 Scored & Screened UCITS ETF | 0.09% | 3.3B |
Assets are shown in each fund's own reporting currency.
How to invest in CBUM 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 EUR when you buy.
Step 3
Search CBUM and buy
Find the fund by its ticker, CBUM, on XETRA, and place your order.
Why invest in CBUM from India
What CBUM holds
This fund's primary objective is to mirror the overall investment performance of the S&P 500 Scored and Screened Index Net (USD), encompassing both capital appreciation and income generation from its underlying assets.
Outside US estate tax
CBUM 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 CBUM's UCITS structure matters for Indian investors
CBUM 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 CBUM from India?
Yes. Indian residents can buy iShares S&P 500 Scored and Screened UCITS ETF (CBUM) through Paasa. It is listed on XETRA and trades in EUR. 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 CBUM invest in?
iShares S&P 500 Scored and Screened UCITS ETF holds 324 securities. Its largest holdings are NVIDIA (10.7%), MICROSOFT (9.8%) and ALPHABET CLASS A (4.4%). Technology is its largest sector at 34.9%. The fund is domiciled in Ireland.
What is the expense ratio of CBUM?
iShares S&P 500 Scored and Screened UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about €335.5M.
Is CBUM a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares S&P 500 Scored and Screened 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 CBUM?
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 EUR/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.