London Stock Exchange ETF segment · UCITS ETF
Invest in DJSC ETF from India
Indian and foreign residents can buy iShares EURO STOXX Small UCITS ETF (DJSC) units directly through Paasa.
By Paasa · Updated
DJSC at a glance
- Price
- £44.96-£0.06 (0.13%)
- Expense ratio
- 0.4%
- Day range
- £44.88 – £45.15
- Assets
- £374.1M
- Domicile
- Ireland
- Holdings
- 88
- Launched
- 2004
- Dividends
- Distributing
- 1 month
- -3.89%
- 6 months
- +10.55%
- YTD
- +4.75%
- 1 year
- +12.18%
- 5 years
- +12.10%
Price change, excluding dividends.
Top 10 holdings
- 1SYENSQO NVSYENS.BR1.8%
- 2ANDRITZ AGANDR.VI1.8%
- 3SCORSCR.PA1.7%
- 4TECHNOPROBE SPATPRO.MI1.7%
- 5BANCA MEDIOLANUMBMED.MI1.7%
- 6LOTUS BAKERIES NVLOTB.BR1.7%
- 7AT & S AUSTRIA TECHNOLOGIE & SYSTEATS.VI1.6%
- 8METLEN ENERGY & METALS PLCMTLN.L1.6%
- 9NORDEXNDX1.DE1.6%
- 10EVONIK INDUSTRIES AGEVK.DE1.6%
DJSC holds 88 securities in total. These 10 are 16.7% of the fund.
Where the money is invested
Sectors
- Industrials26.1%
- Financial Services14.9%
- Consumer Cyclical10.2%
- Technology9.8%
- Basic Materials9.6%
- Utilities7.6%
Countries
- France20.7%
- Germany18.0%
- Italy16.7%
- Belgium9.7%
- Spain8.7%
- Netherlands6.9%
How to invest in DJSC 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 GBP when you buy.
Step 3
Search DJSC and buy
Find the fund by its ticker, DJSC, on the London Stock Exchange ETF segment, and place your order.
Why invest in DJSC from India
What DJSC holds
The Fund aims to mirror the investment performance of a benchmark index, which is constructed from small-capitalization businesses operating within the Eurozone.
Outside US estate tax
DJSC 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 DJSC's UCITS structure matters for Indian investors
DJSC 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 DJSC from India?
Yes. Indian residents can buy iShares EURO STOXX Small UCITS ETF (DJSC) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 DJSC invest in?
iShares EURO STOXX Small UCITS ETF holds 88 securities. Its largest holdings are SYENSQO NV (1.8%), ANDRITZ AG (1.8%) and SCOR (1.7%). Industrials is its largest sector at 26.1%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of DJSC?
iShares EURO STOXX Small 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 £374.1M.
Is DJSC a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares EURO STOXX Small 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 DJSC dividends taxed in India?
iShares EURO STOXX Small 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 DJSC?
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 GBP/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.