London Stock Exchange ETF segment · UCITS ETF
Invest in CIND ETF from India
Indian and foreign residents can buy iShares Dow Jones Industrial Average UCITS ETF (CIND) units directly through Paasa.
By Paasa · Updated
CIND at a glance
- Price
- $627.81+$4.61 (0.74%)
- Expense ratio
- 0.33%
- Day range
- $626.73 – $630.80
- Assets
- $1.9B
- Domicile
- Ireland
- Holdings
- 30
- Launched
- 2010
- Dividends
- —
- 1 month
- -3.44%
- 6 months
- +12.24%
- YTD
- +7.12%
- 1 year
- +12.57%
- 5 years
- +56.98%
Price change, excluding dividends.
Top 10 holdings
- 1GOLDMAN SACHS GROUPGS10.6%
- 2CATERPILLAR INCCAT9.3%
- 3MICROSOFTMSFT5.7%
- 4AMGEN INCAMGN4.7%
- 5UNITEDHEALTH GROUPUNH4.3%
- 6VISA CLASS AV4.2%
- 7TRAVELERS COMPANIESTRV4.2%
- 8ALPHABET CLASS AGOOGL3.9%
- 9JPMORGAN CHASE & COJPM3.9%
- 10APPLEAAPL3.9%
CIND holds 30 securities in total. These 10 are 54.8% of the fund.
Where the money is invested
Sectors
- Financial Services27.1%
- Technology18.9%
- Industrials15.7%
- Healthcare13.5%
- Consumer Cyclical9.6%
- Communication Services5.2%
Countries
- United States99.7%
- Other0.3%
- Ireland0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DJEULSEAmundi Dow Jones Industrial Average UCITS ETF Dist | 0.5% | 400.4M |
Assets are shown in each fund's own reporting currency.
How to invest in CIND 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 CIND and buy
Find the fund by its ticker, CIND, on the London Stock Exchange ETF segment, and place your order.
Why invest in CIND from India
What CIND holds
This exchange-traded fund is designed to replicate the returns of an underlying index, which consists of 30 prominent American corporations. This index broadly covers major U.S. industrial sectors, with the specific exclusion of transportation and public utility companies.
Outside US estate tax
CIND 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
CIND 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 CIND's UCITS structure matters for Indian investors
CIND 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 CIND from India?
Yes. Indian residents can buy iShares Dow Jones Industrial Average UCITS ETF (CIND) 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 CIND invest in?
iShares Dow Jones Industrial Average UCITS ETF holds 30 securities. Its largest holdings are GOLDMAN SACHS GROUP (10.6%), CATERPILLAR INC (9.3%) and MICROSOFT (5.7%). Financial Services is its largest sector at 27.1%. The fund is domiciled in Ireland.
What is the expense ratio of CIND?
iShares Dow Jones Industrial Average UCITS ETF has an expense ratio of 0.33% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.9B.
Is CIND a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Dow Jones Industrial Average 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 CIND?
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 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.