SIX Swiss Exchange · UCITS ETF
Invest in CSEMAS ETF from India
Indian and foreign residents can buy iShares MSCI EM Asia UCITS ETF (CSEMAS) units directly through Paasa.
By Paasa · Updated
CSEMAS at a glance
- Price
- $299.65-$1.40 (0.47%)
- Expense ratio
- 0.2%
- Day range
- $299.00 – $302.70
- Assets
- $8.7B
- Domicile
- Ireland
- Holdings
- 538
- Launched
- 2010
- Dividends
- —
- 1 month
- -0.71%
- 6 months
- +20.49%
- YTD
- +25.53%
- 1 year
- +29.92%
- 5 years
- +58.88%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFACTURING18.6%
- 2SAMSUNG ELECTRONICS LTD9.0%
- 3SK HYNIX6.9%
- 4ISH MSCI CHINA A ETF USD ACC4.1%
- 5TENCENT HOLDINGS3.3%
- 6MEDIATEK2.3%
- 7ALIBABA GROUP HOLDING2.2%
- 8SAMSUNG ELECTRONICS NON VOTING PRE1.2%
- 9DELTA ELECTRONICS1.1%
- 10CHINA CONSTRUCTION BANK CORP H1.0%
CSEMAS holds 538 securities in total. These 10 are 49.8% of the fund.
Where the money is invested
Sectors
- Technology50.6%
- Financial Services14.6%
- Consumer Cyclical8.9%
- Industrials6.4%
- Communication Services6.3%
- Basic Materials3.6%
Countries
- Taiwan (Province of China)34.5%
- Korea (the Republic of)25.5%
- China17.0%
- India12.8%
- Ireland4.5%
- Hong Kong1.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CEMALSEiShares MSCI EM Asia UCITS ETF | 0.2% | 8.7B |
Assets are shown in each fund's own reporting currency.
How to invest in CSEMAS 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 CSEMAS and buy
Find the fund by its ticker, CSEMAS, on the SIX Swiss Exchange, and place your order.
Why invest in CSEMAS from India
What CSEMAS holds
This fund's goal is to replicate the investment results of a benchmark index, consisting of carefully chosen businesses from developing Asian nations.
Outside US estate tax
CSEMAS 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
CSEMAS 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 CSEMAS' UCITS structure matters for Indian investors
CSEMAS 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 CSEMAS from India?
Yes. Indian residents can buy iShares MSCI EM Asia UCITS ETF (CSEMAS) through Paasa. It is listed on the SIX Swiss Exchange 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 CSEMAS invest in?
iShares MSCI EM Asia UCITS ETF holds 538 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MANUFACTURING (18.6%), SAMSUNG ELECTRONICS LTD (9.0%) and SK HYNIX (6.9%). Technology is its largest sector at 50.6%. The fund is domiciled in Ireland.
What is the expense ratio of CSEMAS?
iShares MSCI EM Asia UCITS 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 $8.7B.
Is CSEMAS a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI EM Asia 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 CSEMAS?
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.