XETRA · UCITS ETF
Invest in CEB3 ETF from India
Indian and foreign residents can buy iShares MSCI Japan CTB Enhanced ESG UCITS ETF (CEB3) units directly through Paasa.
By Paasa · Updated
CEB3 at a glance
- Price
- €8.67+€0.03 (0.39%)
- Expense ratio
- 0.18%
- Day range
- €8.64 – €8.70
- Assets
- €133.6M
- Domicile
- Ireland
- Holdings
- 162
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- +0.34%
- 6 months
- +18.11%
- YTD
- +21.58%
- 1 year
- +36.74%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GROUP5.4%
- 2KEYENCE3.7%
- 3SONY GROUP3.6%
- 4ADVANTEST3.5%
- 5MIZUHO FINANCIAL GROUP3.4%
- 6SUMITOMO MITSUI FINANCIAL GROUP3.1%
- 7SOFTBANK GROUP2.9%
- 8MITSUI2.6%
- 9TOKIO MARINE HOLDINGS2.4%
- 10SMC (JAPAN) CORP2.3%
CEB3 holds 162 securities in total. These 10 are 32.8% of the fund.
Where the money is invested
Sectors
- Technology24.1%
- Financial Services23.6%
- Industrials20.1%
- Communication Services8.7%
- Healthcare8.6%
- Consumer Cyclical7.6%
Countries
- Japan99.7%
- Other0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EDMJXETRAiShares MSCI Japan CTB Enhanced ESG UCITS ETF | 0.15% | 1.3B |
| EEJDLSEiShares MSCI Japan CTB Enhanced ESG UCITS ETF | 0.15% | 910.2M |
Assets are shown in each fund's own reporting currency.
How to invest in CEB3 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 CEB3 and buy
Find the fund by its ticker, CEB3, on XETRA, and place your order.
Why invest in CEB3 from India
What CEB3 holds
iShares MSCI Japan CTB Enhanced ESG UCITS ETF EUR Hedged Acc is an exchange-traded fund that seeks to track the performance of the MSCI Japan ESG Enhanced Focus CTB Index. The fund provides exposure to Japanese equities while applying ESG and EU Climate Transition Benchmark criteria, including carbon-emissions reduction objectives and exclusions for certain controversial activities.
Outside US estate tax
CEB3 is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from CEB3's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 CEB3's UCITS structure matters for Indian investors
CEB3 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 CEB3 from India?
Yes. Indian residents can buy iShares MSCI Japan CTB Enhanced ESG UCITS ETF (CEB3) 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 CEB3 invest in?
iShares MSCI Japan CTB Enhanced ESG UCITS ETF holds 162 securities. Its largest holdings are MITSUBISHI UFJ FINANCIAL GROUP (5.4%), KEYENCE (3.7%) and SONY GROUP (3.6%). Technology is its largest sector at 24.1%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of CEB3?
iShares MSCI Japan CTB Enhanced ESG UCITS ETF has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about €133.6M.
Is CEB3 a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI Japan CTB Enhanced ESG 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.
Does CEB3 pay dividends?
No. iShares MSCI Japan CTB Enhanced ESG UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell CEB3?
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.