London Stock Exchange ETF segment · UCITS ETF
Invest in EMHD ETF from India
Indian and foreign residents can buy Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EMHD) units directly through Paasa.
By Paasa · Updated
EMHD at a glance
- Price
- $29.05-$0.46 (1.56%)
- Expense ratio
- 0.49%
- Day range
- $29.05 – $29.59
- Assets
- $291.8M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2016
- Dividends
- Distributing
- 1 month
- -4.35%
- 6 months
- -2.71%
- YTD
- +6.14%
- 1 year
- +11.35%
- 5 years
- -1.53%
Price change, excluding dividends.
Top 10 holdings
- 1NOVATEK MICROELECTRONICS COR TWD102.1%
- 2PETROBRAS - PETROLEO BRAS-PR BRL NPV PFD2.1%
- 3PETROBRAS - PETROLEO BRAS NPV1.9%
- 4MOBILE TELECOMMUNICATIONS CO KWd1001.8%
- 5FIBRA UNO ADMINISTRACION SA NPV1.6%
- 6CIA ENERGETICA MINAS GER-PRF BRL 5.0000 PFD1.6%
- 7VALE SA NPV1.5%
- 8ASTRA INTERNATIONAL TBK PT IDR501.4%
- 9CHINA SHENHUA ENERGY CO-A CNY 1.00001.4%
- 10VIBRA ENERGIA S.A BRL NPV1.3%
These 10 are 16.8% of the fund.
Where the money is invested
Sectors
- Financial Services26.1%
- Energy19.7%
- Industrials10.3%
- Utilities9.4%
- Consumer Cyclical6.4%
- Consumer Defensive6.3%
Countries
- China28.5%
- Brazil23.6%
- Taiwan8.4%
- Saudi Arabia5.8%
- Hong Kong5.2%
- Mexico4.9%
How to invest in EMHD 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.
Step 3
Search EMHD and buy
Find the fund by its ticker, EMHD, on the London Stock Exchange ETF segment, and place your order.
Why invest in EMHD from India
What EMHD holds
The Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EMHD.L) strives to replicate the net total return performance of the FTSE Emerging High Dividend Low Volatility Index, after accounting for its various fees. This fund pays out income to its investors on a quarterly schedule.
Outside US estate tax
EMHD 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
EMHD 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 EMHD's UCITS structure matters for Indian investors
EMHD 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 EMHD from India?
Yes. Indian residents can buy Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF (EMHD) 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 EMHD invest in?
Its largest holdings are NOVATEK MICROELECTRONICS COR TWD10 (2.1%), PETROBRAS - PETROLEO BRAS-PR BRL NPV PFD (2.1%) and PETROBRAS - PETROLEO BRAS NPV (1.9%). Financial Services is its largest sector at 26.1%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of EMHD?
Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF has an expense ratio of 0.49% a year, taken from the fund's assets rather than billed to you. The fund manages about $291.8M.
Is EMHD a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco FTSE Emerging Markets High Dividend Low Volatility 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 EMHD dividends taxed in India?
Invesco FTSE Emerging Markets High Dividend Low Volatility 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 EMHD?
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 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.