Euronext Amsterdam · UCITS ETF
Invest in CT2B ETF from India
Indian and foreign residents can buy iShares Smart City Infrastructure UCITS ETF (CT2B) units directly through Paasa.
By Paasa · Updated
CT2B at a glance
- Price
- $9.67+$0.15 (1.52%)
- Expense ratio
- 0.4%
- Day range
- $9.61 – $9.71
- Assets
- $48.5M
- Domicile
- Ireland
- Holdings
- 155
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- +0.23%
- 6 months
- +11.20%
- YTD
- +11.17%
- 1 year
- +12.07%
- 5 years
- +39.37%
Price change, excluding dividends.
Top 10 holdings
- 1PALO ALTO NETWORKS2.1%
- 2PALANTIR TECHNOLOGIES CLASS A2.0%
- 3KINGSPAN GROUP PLC1.7%
- 4SMC (JAPAN) CORP1.6%
- 5EMERSON ELECTRIC1.6%
- 6VERALTO CORP1.6%
- 7GFL ENVIRONMENTAL SUBORDINATE VOTI1.6%
- 8MOTOROLA SOLUTIONS INC1.5%
- 9CLEAN HARBORS INC1.5%
- 10KEYSIGHT TECHNOLOGIES1.5%
CT2B holds 155 securities in total. These 10 are 16.7% of the fund.
Where the money is invested
Sectors
- Industrials53.9%
- Technology33.1%
- Basic Materials4.5%
- Real Estate3.7%
- Communication Services2.9%
- Consumer Cyclical0.7%
Countries
- United States49.2%
- Japan10.8%
- Canada6.6%
- United Kingdom5.8%
- Sweden5.0%
- Ireland3.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CITYAMSiShares Smart City Infrastructure UCITS ETF | 0.4% | 388.2M |
Assets are shown in each fund's own reporting currency.
How to invest in CT2B 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 CT2B and buy
Find the fund by its ticker, CT2B, on Euronext Amsterdam, and place your order.
Why invest in CT2B from India
What CT2B holds
The iShares Smart City Infrastructure UCITS ETF endeavors to replicate the investment performance of an index, which is composed of companies from both established and emerging markets. These firms are dedicated to providing services and innovative solutions vital for the sustainable development and streamlined operation of intelligent urban infrastructure.
Outside US estate tax
CT2B 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
CT2B 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 CT2B's UCITS structure matters for Indian investors
CT2B 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 CT2B from India?
Yes. Indian residents can buy iShares Smart City Infrastructure UCITS ETF (CT2B) through Paasa. It is listed on Euronext Amsterdam 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 CT2B invest in?
iShares Smart City Infrastructure UCITS ETF holds 155 securities. Its largest holdings are PALO ALTO NETWORKS (2.1%), PALANTIR TECHNOLOGIES CLASS A (2.0%) and KINGSPAN GROUP PLC (1.7%). Industrials is its largest sector at 53.9%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of CT2B?
iShares Smart City Infrastructure UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about $48.5M.
Is CT2B a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Smart City Infrastructure 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.
How are CT2B dividends taxed in India?
iShares Smart City Infrastructure UCITS 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 CT2B?
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.