XETRA · UCITS ETF
Invest in EH1Y ETF from India
Indian and foreign residents can buy iShares Broad € High Yield Corp Bond UCITS ETF (EH1Y) units directly through Paasa.
By Paasa · Updated
EH1Y at a glance
- Price
- €4.70+€0.01 (0.11%)
- Expense ratio
- 0.2%
- Day range
- €4.70 – €4.75
- Assets
- €362.7M
- Domicile
- Ireland
- Holdings
- 718
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- -2.89%
- 6 months
- -1.05%
- YTD
- -6.00%
- 1 year
- -5.05%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BLK LEAF FUND AGENCY ACC T0 EUR1.4%
- 2STELLANTIS NV NC5.25 RegS 6.25% 12/31/2079 (STLA)0.5%
- 3COREWEAVE INC RegS 8.50% 07/15/2032 (CRWV)0.4%
- 4STELLANTIS NV NC8 RegS 6.88% 12/31/2079 (STLA)0.4%
- 5FIBERCOP SPA RegS 5.38% 04/15/2031 (FIBCOP)0.4%
- 6VMED O2 UK FINANCING I PLC RegS 5.63% 04/15/2032 (VMED)0.4%
- 7GRIFOLS SA RegS 3.88% 10/15/2028 (GRFSM)0.3%
- 8ZF EUROPE FINANCE BV MTN RegS 7.00% 06/12/2030 (ZFFNGR)0.3%
- 9CAB SELAS RegS 7.75% 08/09/2031 (BIOGRP)0.3%
- 10BOND US BIDCO 1/2/3/G1/2 RegS 6.50% 06/15/2033 (BSCOAT)0.3%
EH1Y holds 718 securities in total. These 10 are 4.8% of the fund.
Where the money is invested
Countries
- France20.5%
- United States13.3%
- Italy11.7%
- Germany11.5%
- United Kingdom7.6%
- Luxembourg4.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HYUSLSEiShares Broad $ High Yield Corp Bond UCITS ETF | 0.2% | 2.1B |
| HYSDLSEiShares Broad $ High Yield Corp Bond UCITS ETF | 0.22% | 134.5M |
Assets are shown in each fund's own reporting currency.
How to invest in EH1Y 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 EH1Y and buy
Find the fund by its ticker, EH1Y, on XETRA, and place your order.
Why invest in EH1Y from India
What EH1Y holds
This fund's objective is to deliver a comprehensive return to investors, combining both capital appreciation and income generation. It aims to mirror the performance of the ICE BofAML Euro High Yield Constrained Index.
Outside US estate tax
EH1Y 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 EH1Y's UCITS structure matters for Indian investors
EH1Y 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 EH1Y from India?
Yes. Indian residents can buy iShares Broad € High Yield Corp Bond UCITS ETF (EH1Y) 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 EH1Y invest in?
iShares Broad € High Yield Corp Bond UCITS ETF holds 718 securities. Its largest holdings are BLK LEAF FUND AGENCY ACC T0 EUR (1.4%), STELLANTIS NV NC5.25 RegS 6.25% 12/31/2079 (STLA) (0.5%) and COREWEAVE INC RegS 8.50% 07/15/2032 (CRWV) (0.4%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of EH1Y?
iShares Broad € High Yield Corp Bond 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 €362.7M.
Is EH1Y a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Broad € High Yield Corp Bond 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 EH1Y dividends taxed in India?
iShares Broad € High Yield Corp Bond 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 EH1Y?
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 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.