London Stock Exchange ETF segment · UCITS ETF
Invest in ESJS ETF from India
Indian and foreign residents can buy Invesco MSCI Japan Universal Screened UCITS ETF Accum Shs (ESJS) units directly through Paasa.
By Paasa · Updated
ESJS at a glance
- Price
- £52.43+£0.83 (1.61%)
- Expense ratio
- 0.15%
- Day range
- £52.43 – £52.43
- Assets
- £10.5M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- Accumulating
- 1 month
- +4.51%
- 6 months
- +13.64%
- YTD
- +22.83%
- 1 year
- +29.68%
- 5 years
- +62.98%
Price change, excluding dividends.
Top 10 holdings
- 1TOKYO ELECTRON LTD NPV4.0%
- 2SUMITOMO MITSUI FINANCIAL GR NPV3.8%
- 3HITACHI LTD NPV3.7%
- 4SOFTBANK GROUP CORP NPV3.6%
- 5RECRUIT HOLDINGS CO LTD NPV3.3%
- 6SONY GROUP CORP NPV3.3%
- 7MIZUHO FINANCIAL GROUP INC NPV3.2%
- 8MITSUBISHI UFJ FINANCIAL GRO NPV3.0%
- 9TOYOTA MOTOR CORP NPV2.6%
- 10TOKIO MARINE HOLDINGS INC NPV2.2%
These 10 are 32.7% of the fund.
Where the money is invested
Sectors
- Industrials23.7%
- Technology21.5%
- Financial Services20.1%
- Communication Services10.8%
- Consumer Cyclical10.4%
- Healthcare6.2%
Countries
- Japan100.0%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| ESGJLSEInvesco MSCI Japan Universal Screened UCITS ETF Accum Shs USD | 0.15% | 13.9M |
Assets are shown in each fund's own reporting currency.
How to invest in ESJS 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 ESJS and buy
Find the fund by its ticker, ESJS, on the London Stock Exchange ETF segment, and place your order.
Why invest in ESJS from India
What ESJS holds
The Invesco MSCI Japan ESG Universal Screened UCITS ETF aims to provide the performance of the MSCI Japan ESG Universal Select Business Screens Index, after the impact of fees.
Outside US estate tax
ESJS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from ESJS' holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 ESJS' UCITS structure matters for Indian investors
ESJS 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 ESJS from India?
Yes. Indian residents can buy Invesco MSCI Japan Universal Screened UCITS ETF Accum Shs (ESJS) 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 ESJS invest in?
Its largest holdings are TOKYO ELECTRON LTD NPV (4.0%), SUMITOMO MITSUI FINANCIAL GR NPV (3.8%) and HITACHI LTD NPV (3.7%). Industrials is its largest sector at 23.7%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of ESJS?
Invesco MSCI Japan Universal Screened UCITS ETF Accum Shs has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about £10.5M.
Is ESJS a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco MSCI Japan Universal Screened UCITS ETF Accum Shs 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.
Does ESJS pay dividends?
No. Invesco MSCI Japan Universal Screened UCITS ETF Accum Shs is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell ESJS?
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.