London Stock Exchange ETF segment · UCITS ETF
Invest in EMVL ETF from India
Indian and foreign residents can buy iShares Edge MSCI EM Value Factor UCITS ETF (EMVL) units directly through Paasa.
By Paasa · Updated
EMVL at a glance
- Price
- $102.64-$0.08 (0.08%)
- Expense ratio
- 0.4%
- Day range
- $102.42 – $102.88
- Assets
- $1.8B
- Domicile
- Ireland
- Holdings
- 151
- Launched
- 2018
- Dividends
- —
- 1 month
- +1.99%
- 6 months
- +31.51%
- YTD
- +43.37%
- 1 year
- +57.88%
- 5 years
- +132.41%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFACTURING13.2%
- 2SAMSUNG ELECTRONICS LTD9.4%
- 3SK HYNIX7.8%
- 4SAMSUNG ELECTRONICS NON VOTING PRE3.3%
- 5CHINA CONSTRUCTION BANK CORP H2.9%
- 6LENOVO GROUP2.7%
- 7HON HAI PRECISION INDUSTRY2.7%
- 8INDUSTRIAL AND COMMERCIAL BANK OF2.6%
- 9BANK OF CHINA LTD H2.6%
- 10PETROLEO BRASILEIRO ADR REPTG PRE2.2%
EMVL holds 151 securities in total. These 10 are 49.3% of the fund.
Where the money is invested
Sectors
- Technology48.5%
- Financial Services17.8%
- Basic Materials9.0%
- Energy7.1%
- Consumer Cyclical5.6%
- Industrials3.9%
Countries
- South Korea25.8%
- Taiwan24.5%
- China21.6%
- Brazil7.7%
- India5.4%
- Hong Kong4.6%
How to invest in EMVL 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 EMVL and buy
Find the fund by its ticker, EMVL, on the London Stock Exchange ETF segment, and place your order.
Why invest in EMVL from India
What EMVL holds
The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI EM Select Value Factor Focus Index.
Outside US estate tax
EMVL 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
EMVL 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 EMVL's UCITS structure matters for Indian investors
EMVL 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 EMVL from India?
Yes. Indian residents can buy iShares Edge MSCI EM Value Factor UCITS ETF (EMVL) 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 EMVL invest in?
iShares Edge MSCI EM Value Factor UCITS ETF holds 151 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MANUFACTURING (13.2%), SAMSUNG ELECTRONICS LTD (9.4%) and SK HYNIX (7.8%). Technology is its largest sector at 48.5%. The fund is domiciled in Ireland.
What is the expense ratio of EMVL?
iShares Edge MSCI EM Value Factor UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.8B.
Is EMVL a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Edge MSCI EM Value Factor 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 EMVL?
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.