London Stock Exchange ETF segment · UCITS ETF
Invest in ESES ETF from India
Indian and foreign residents can buy Invesco MSCI Emerging Markets Universal Screened UCITS ETF (ESES) units directly through Paasa.
By Paasa · Updated
ESES at a glance
- Price
- £44.61+£0.09 (0.20%)
- Expense ratio
- 0.19%
- Day range
- £44.34 – £44.61
- Assets
- £133.8M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- +0.95%
- 6 months
- +22.73%
- YTD
- +29.53%
- 1 year
- +35.74%
- 5 years
- +59.55%
Price change, excluding dividends.
Top 10 holdings
- 1SK HYNIX INC KRW50005.3%
- 2TAIWAN SEMICONDUCTOR MANUFAC TWD105.3%
- 3SAMSUNG ELECTRONICS CO LTD KRW1004.7%
- 4TENCENT HOLDINGS LTD HKD0.000022.6%
- 5DELTA ELECTRONICS INC TWD101.8%
- 6ALIBABA GROUP HOLDING LTD HKD 0.00001.8%
- 7MEDIATEK INC TWD101.7%
- 8CHINA CONSTRUCTION BANK-H CNY11.7%
- 9HDFC BANK LIMITED INR11.3%
- 10ICICI BANK LTD INR21.2%
These 10 are 27.3% of the fund.
Where the money is invested
Sectors
- Financial Services31.8%
- Technology31.3%
- Consumer Cyclical8.8%
- Communication Services7.1%
- Basic Materials5.4%
- Industrials4.8%
Countries
- Taiwan (Province of China)22.0%
- China21.9%
- Korea (the Republic of)18.4%
- India11.3%
- South Africa4.2%
- Brazil3.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| ESEMLSEInvesco MSCI Emerging Markets Universal Screened UCITS ETF | 0.19% | 177.5M |
Assets are shown in each fund's own reporting currency.
How to invest in ESES 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 GBP when you buy.
Step 3
Search ESES and buy
Find the fund by its ticker, ESES, on the London Stock Exchange ETF segment, and place your order.
Why invest in ESES from India
What ESES holds
The Invesco MSCI Emerging Markets Universal Screened UCITS ETF aims to deliver the net total return performance of the MSCI EM (Emerging Markets) Universal Select Business Screens Index, accounting for fees. This benchmark index targets large and medium-sized companies in global emerging markets, with a focus on increasing investment in firms that exhibit both strong environmental, social, and governance (ESG) credentials and a positive trend in their ESG performance.
Outside US estate tax
ESES 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 ESES' UCITS structure matters for Indian investors
ESES 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 ESES from India?
Yes. Indian residents can buy Invesco MSCI Emerging Markets Universal Screened UCITS ETF (ESES) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 ESES invest in?
Its largest holdings are SK HYNIX INC KRW5000 (5.3%), TAIWAN SEMICONDUCTOR MANUFAC TWD10 (5.3%) and SAMSUNG ELECTRONICS CO LTD KRW100 (4.7%). Financial Services is its largest sector at 31.8%. The fund is domiciled in Ireland.
What is the expense ratio of ESES?
Invesco MSCI Emerging Markets Universal Screened UCITS ETF has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about £133.8M.
Is ESES a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco MSCI Emerging Markets Universal Screened 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 ESES?
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 GBP/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.