SIX Swiss Exchange · UCITS ETF
Invest in DTLC ETF from India
Indian and foreign residents can buy iShares $ Treasury Bond 20+yr UCITS ETF (DTLC) units directly through Paasa.
By Paasa · Updated
DTLC at a glance
- Price
- CHF 2.30+CHF 0.01 (0.35%)
- Expense ratio
- 0.1%
- Day range
- CHF 2.30 – CHF 2.31
- Assets
- CHF 222.7M
- Domicile
- Ireland
- Holdings
- 40
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- -6.50%
- 6 months
- -10.51%
- YTD
- -12.88%
- 1 year
- -16.36%
- 5 years
- -56.19%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY BOND (OLD) 5.00% 05/15/2056 (TBOND)4.2%
- 2TREASURY BOND 4.75% 05/15/2055 (TBOND)4.0%
- 3TREASURY BOND (2OLD) 4.75% 02/15/2056 (TBOND)4.0%
- 4TREASURY BOND 4.75% 08/15/2055 (TBOND)4.0%
- 5TREASURY BOND 4.63% 05/15/2054 (TBOND)4.0%
- 6TREASURY BOND 4.63% 11/15/2055 (TBOND)4.0%
- 7TREASURY BOND 4.63% 02/15/2055 (TBOND)3.9%
- 8TREASURY BOND 4.50% 11/15/2054 (TBOND)3.9%
- 9TREASURY BOND 4.75% 11/15/2053 (TBOND)3.9%
- 10TREASURY BOND 4.25% 08/15/2054 (TBOND)3.7%
DTLC holds 40 securities in total. These 10 are 39.5% of the fund.
Where the money is invested
Countries
- United States100.0%
- Other0.0%
- Ireland0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DTLALSEiShares $ Treasury Bond 20+yr UCITS ETF | 0.07% | 3.1B |
| IDTGLSEiShares $ Treasury Bond 20+yr UCITS ETF | 0.1% | 418.7M |
| IDTLLSEiShares $ Treasury Bond 20+yr UCITS ETF | 0.07% | 922.0M |
| DTLELSEiShares $ Treasury Bond 20+yr UCITS ETF | 0.1% | 773.0M |
Assets are shown in each fund's own reporting currency.
How to invest in DTLC 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 CHF when you buy.
Step 3
Search DTLC and buy
Find the fund by its ticker, DTLC, on the SIX Swiss Exchange, and place your order.
Why invest in DTLC from India
What DTLC holds
The objective of this Fund is to match the performance of an index which consists solely of U.S. Treasury-issued government bonds, all of which are denominated in U.S. currency.
Outside US estate tax
DTLC 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 DTLC's UCITS structure matters for Indian investors
DTLC is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy DTLC from India?
Yes. Indian residents can buy iShares $ Treasury Bond 20+yr UCITS ETF (DTLC) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 DTLC invest in?
iShares $ Treasury Bond 20+yr UCITS ETF holds 40 securities. Its largest holdings are TREASURY BOND (OLD) 5.00% 05/15/2056 (TBOND) (4.2%), TREASURY BOND 4.75% 05/15/2055 (TBOND) (4.0%) and TREASURY BOND (2OLD) 4.75% 02/15/2056 (TBOND) (4.0%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of DTLC?
iShares $ Treasury Bond 20+yr UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 222.7M.
Is DTLC a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares $ Treasury Bond 20+yr 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.
How are DTLC dividends taxed in India?
iShares $ Treasury Bond 20+yr 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 DTLC?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the CHF/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.