Euronext Amsterdam · UCITS ETF
Invest in EWSA ETF from India
Indian and foreign residents can buy iShares MSCI World Small CTB Enhanced ESG UCITS ETF (EWSA) units directly through Paasa.
By Paasa · Updated
EWSA at a glance
- Price
- $6.84+$0.03 (0.47%)
- Expense ratio
- 0.35%
- Day range
- $6.83 – $6.87
- Assets
- $464.6M
- Domicile
- Ireland
- Holdings
- 2,699
- Launched
- 2021
- Dividends
- Accumulating
- 1 month
- -3.93%
- 6 months
- +11.57%
- YTD
- +10.97%
- 1 year
- +16.26%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1MODERNA0.7%
- 2ROYAL GOLD0.5%
- 3DT MIDSTREAM0.5%
- 4ASSURANT INC0.4%
- 5WATTS WATER TECHNOLOGIES CLASS A0.4%
- 6NITERRA0.3%
- 7FEDERAL REALTY INVESTMENT TRUST RE0.3%
- 8GATX0.3%
- 9UNITED BANKSHARES0.3%
- 10ZURN ELKAY WATER SOLUTIONS CORP0.3%
EWSA holds 2,699 securities in total. These 10 are 4.0% of the fund.
Where the money is invested
Sectors
- Industrials16.9%
- Technology15.0%
- Financial Services14.4%
- Healthcare11.9%
- Consumer Cyclical9.9%
- Basic Materials8.9%
Countries
- United States58.7%
- Japan12.8%
- Canada4.5%
- United Kingdom4.0%
- Australia3.6%
- Switzerland1.7%
How to invest in EWSA 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 EWSA and buy
Find the fund by its ticker, EWSA, on Euronext Amsterdam, and place your order.
Why invest in EWSA from India
What EWSA holds
This fund's primary objective is to generate investment returns for its holders. These returns are derived from both the appreciation in value of its underlying assets and any income they produce.
Outside US estate tax
EWSA 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 EWSA's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
EWSA 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 EWSA's UCITS structure matters for Indian investors
EWSA 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 EWSA from India?
Yes. Indian residents can buy iShares MSCI World Small CTB Enhanced ESG UCITS ETF (EWSA) 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 EWSA invest in?
iShares MSCI World Small CTB Enhanced ESG UCITS ETF holds 2,699 securities. Its largest holdings are MODERNA (0.7%), ROYAL GOLD (0.5%) and DT MIDSTREAM (0.5%). Industrials is its largest sector at 16.9%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of EWSA?
iShares MSCI World Small CTB Enhanced ESG UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $464.6M.
Is EWSA a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI World Small CTB Enhanced ESG 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.
Does EWSA pay dividends?
No. iShares MSCI World Small CTB Enhanced ESG UCITS ETF 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 EWSA?
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.