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Euronext Amsterdam · UCITS ETF

Invest in ESPX ETF from India

Indian and foreign residents can buy iShares S&P 500 Scored and Screened UCITS ETF (ESPX) units directly through Paasa.

By Paasa · Updated

ESPX at a glance

Price
$9.94+$0.02 (0.19%)
Expense ratio
0.07%
Day range
$9.94 – $9.94
Assets
$500.8M
Domicile
Ireland
Holdings
325
Launched
2022
Dividends
—
1 month
-1.51%
6 months
+20.42%
YTD
+12.29%
1 year
+18.45%
5 years
—

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1NVIDIA13.6%
  2. 2MICROSOFT9.3%
  3. 3ALPHABET CLASS A4.9%
  4. 4ALPHABET CLASS C4.0%
  5. 5MICRON TECHNOLOGY2.9%
  6. 6ELI LILLY2.3%
  7. 7VISA CLASS A1.5%
  8. 8INTEL CORPORATION1.4%
  9. 9WALMART1.2%
  10. 10ABBVIE1.2%

ESPX holds 325 securities in total. These 10 are 42.4% of the fund.

Where the money is invested

Sectors

  • Technology37.5%
  • Financial Services13.2%
  • Healthcare11.7%
  • Communication Services11.3%
  • Industrials8.1%
  • Consumer Defensive4.9%

Countries

  • United States95.3%
  • Ireland2.9%
  • United Kingdom0.6%
  • Singapore0.5%
  • Switzerland0.3%
  • Netherlands0.2%

Similar funds

FundExpense ratioAssets
SNPEAMEXXtrackers S&P 500 Scored & Screened ETF0.1%2.8B
SPXELSEInvesco S&P 500 Scored & Screened UCITS ETF0.09%4.3B
CBUMXETRAiShares S&P 500 Scored and Screened UCITS ETF0.1%406.2M
S5SDLSEUBS S&P 500 Scored & Screened UCITS ETF USD0.1%325.9B
5ESEXETRAInvesco S&P 500 Scored & Screened UCITS ETF0.09%3.8B

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

How to invest in ESPX 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 ESPX and buy

    Find the fund by its ticker, ESPX, on Euronext Amsterdam, and place your order.

Why invest in ESPX from India

What ESPX holds

The fund's objective is to track the performance of the S&P 500 Scored and Screened Index Net (USD). It aims to achieve this by generating both capital growth and income from its underlying investments.

Outside US estate tax

ESPX 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

ESPX 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 ESPX's UCITS structure matters for Indian investors

ESPX 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.

See UCITS options

Frequently asked questions

Can I buy ESPX from India?

Yes. Indian residents can buy iShares S&P 500 Scored and Screened UCITS ETF (ESPX) through Paasa. It is listed on Euronext Amsterdam 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 ESPX invest in?

iShares S&P 500 Scored and Screened UCITS ETF holds 325 securities. Its largest holdings are NVIDIA (13.6%), MICROSOFT (9.3%) and ALPHABET CLASS A (4.9%). Technology is its largest sector at 37.5%. The fund is domiciled in Ireland.

What is the expense ratio of ESPX?

iShares S&P 500 Scored and Screened UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about $500.8M.

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

Yes. iShares S&P 500 Scored and 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 ESPX?

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.

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