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London Stock Exchange ETF segment · UCITS ETF

Invest in EMCR ETF from India

Indian and foreign residents can buy iShares J.P. Morgan $ EM Corp Bond UCITS ETF (EMCR) units directly through Paasa.

By Paasa · Updated

EMCR at a glance

Price
$86.66+$0.33 (0.38%)
Expense ratio
0.5%
Day range
$86.19 – $87.02
Assets
$1.0B
Domicile
Ireland
Holdings
1,282
Launched
2012
Dividends
Distributing
1 month
-3.41%
6 months
-1.86%
YTD
-4.51%
1 year
-5.90%
5 years
-16.73%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1USD CASH0.8%
  2. 2DIGICEL INTERNATIONAL FINANCE LTD RegS 8.63% 08/01/2032 (DIGDIF)0.4%
  3. 3SANDS CHINA LTD 5.40% 08/08/2028 (SANLTD)0.3%
  4. 4YPF SA RegS 8.25% 01/17/2034 (YPFDAR)0.3%
  5. 5ECOPETROL SA 8.88% 01/13/2033 (ECOPET)0.3%
  6. 6ORLEN SA RegS 6.00% 01/30/2035 (PKNPW)0.3%
  7. 7FREEPORT INDONESIA PT RegS 5.32% 04/14/2032 (FRIDPT)0.3%
  8. 8FIRST QUANTUM MINERALS LTD RegS 6.38% 02/15/2036 (FMCN)0.3%
  9. 9SAMARCO MINERACAO SA RegS 9.00% 06/30/2031 (SAMMIN)0.3%
  10. 10ECOPETROL SA 6.88% 04/29/2030 (ECOPET)0.3%

EMCR holds 1,282 securities in total. These 10 are 3.5% of the fund.

Where the money is invested

Countries

  • Cayman Islands12.0%
  • United Kingdom8.1%
  • Hong Kong6.3%
  • Luxembourg4.5%
  • United States4.3%
  • Netherlands4.2%

Similar funds

FundExpense ratioAssets
EMCALSEiShares J.P. Morgan $ EM Corp Bond UCITS ETF0.5%1.9B

Assets are shown in each fund's own reporting currency.

How to invest in EMCR from India

  1. 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.

  2. 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.

  3. Step 3

    Search EMCR and buy

    Find the fund by its ticker, EMCR, on the London Stock Exchange ETF segment, and place your order.

Why invest in EMCR from India

What EMCR holds

This fund aims to replicate the performance of an index that consists of corporate bonds, denominated in US Dollars, issued by companies in Emerging Market countries. Effective July 12, 2017, its reference benchmark transitioned from the Morningstar EM Corporate Bond Index to the J.P.

Outside US estate tax

EMCR 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

EMCR 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 EMCR's UCITS structure matters for Indian investors

EMCR 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.

See UCITS options

Frequently asked questions

Can I buy EMCR from India?

Yes. Indian residents can buy iShares J.P. Morgan $ EM Corp Bond UCITS ETF (EMCR) through Paasa. It is listed on the London Stock Exchange ETF segment 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 EMCR invest in?

iShares J.P. Morgan $ EM Corp Bond UCITS ETF holds 1,282 securities. Its largest holdings are USD CASH (0.8%), DIGICEL INTERNATIONAL FINANCE LTD RegS 8.63% 08/01/2032 (DIGDIF) (0.4%) and SANDS CHINA LTD 5.40% 08/08/2028 (SANLTD) (0.3%). It is a distributing fund domiciled in Ireland.

What is the expense ratio of EMCR?

iShares J.P. Morgan $ EM Corp Bond UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.0B.

Is EMCR a UCITS ETF, and why does that matter for Indian investors?

Yes. iShares J.P. Morgan $ EM 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 EMCR dividends taxed in India?

iShares J.P. Morgan $ EM 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 EMCR?

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 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.

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