XETRA · UCITS ETF
Invest in EDMJ ETF from India
Indian and foreign residents can buy iShares MSCI Japan CTB Enhanced ESG UCITS ETF (EDMJ) units directly through Paasa.
By Paasa · Updated
EDMJ at a glance
- Price
- €9.06+€0.19 (2.08%)
- Expense ratio
- 0.15%
- Day range
- €9.01 – €9.09
- Assets
- €1.3B
- Domicile
- Ireland
- Holdings
- 162
- Launched
- 2019
- Dividends
- —
- 1 month
- +3.92%
- 6 months
- +16.93%
- YTD
- +23.80%
- 1 year
- +29.64%
- 5 years
- +51.29%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GROUP8306.T5.2%
- 2KEYENCE6861.T3.7%
- 3SONY GROUP6758.T3.6%
- 4ADVANTEST6857.T3.5%
- 5MIZUHO FINANCIAL GROUP8411.T3.2%
- 6SUMITOMO MITSUI FINANCIAL GROUP8316.T3.0%
- 7SOFTBANK GROUP9984.T3.0%
- 8MITSUI8031.T2.6%
- 9TOKIO MARINE HOLDINGS8766.T2.4%
- 10FANUC CORP6954.T2.3%
EDMJ holds 162 securities in total. These 10 are 32.5% of the fund.
Where the money is invested
Countries
- Japan99.7%
- Other0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EEJDLSEiShares MSCI Japan CTB Enhanced ESG UCITS ETF | 0.15% | 894.2M |
| CEB3XETRAiShares MSCI Japan CTB Enhanced ESG UCITS ETF EUR Hedged Acc | 0.18% | 132.1M |
Assets are shown in each fund's own reporting currency.
How to invest in EDMJ 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 EUR when you buy.
Step 3
Search EDMJ and buy
Find the fund by its ticker, EDMJ, on XETRA, and place your order.
Why invest in EDMJ from India
What EDMJ holds
This fund aims to provide investors with returns, encompassing both capital appreciation and income generated from its holdings. Its objective is to replicate the performance of its designated benchmark, the MSCI Japan ESG Enhanced Focus CTB Index.
Outside US estate tax
EDMJ 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 EDMJ's UCITS structure matters for Indian investors
EDMJ 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 EDMJ from India?
Yes. Indian residents can buy iShares MSCI Japan CTB Enhanced ESG UCITS ETF (EDMJ) through Paasa. It is listed on XETRA and trades in EUR. 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 EDMJ invest in?
iShares MSCI Japan CTB Enhanced ESG UCITS ETF holds 162 securities. Its largest holdings are MITSUBISHI UFJ FINANCIAL GROUP (5.2%), KEYENCE (3.7%) and SONY GROUP (3.6%). The fund is domiciled in Ireland.
What is the expense ratio of EDMJ?
iShares MSCI Japan CTB Enhanced ESG UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.3B.
Is EDMJ a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI Japan CTB Enhanced ESG 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 EDMJ?
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 EUR/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.