Euronext Amsterdam · UCITS ETF
Invest in EWSP ETF from India
Indian and foreign residents can buy iShares S&P 500 Equal Weight UCITS ETF (EWSP) units directly through Paasa.
By Paasa · Updated
EWSP at a glance
- Price
- $8.12+$0.09 (1.11%)
- Expense ratio
- —
- Day range
- $7.99 – $8.12
- Assets
- —
- Domicile
- Ireland
- Holdings
- —
- Launched
- —
- Dividends
- Accumulating
- 1 month
- +5.94%
- 6 months
- +10.56%
- YTD
- +16.26%
- 1 year
- +20.94%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1KIMBERLY CLARK0.4%
- 2MODERNA0.3%
- 3PTC0.3%
- 4ACCENTURE PLC CLASS A0.3%
- 5GARTNER0.3%
- 6CARNIVAL CORP LTD0.3%
- 7HASBRO0.3%
- 8METTLER TOLEDO0.3%
- 9IDEXX LABORATORIES0.2%
- 10ELI LILLY0.2%
These 10 are 2.8% of the fund.
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| RSPAMEXInvesco S&P 500 Equal Weight ETF | 0.2% | 101.7B |
| XDEWLSEXtrackers S&P 500 Equal Weight UCITS ETF 1C | 0.15% | 16.1B |
| EWSPLSEiShares S&P 500 Equal Weight UCITS ETF | 0.15% | 4.2B |
| SPEQLSEInvesco S&P 500 Equal Weight UCITS ETF | 0.2% | 1.7B |
| ISPELSEiShares S&P 500 Equal Weight UCITS ETF | 0.17% | 386.6M |
Assets are shown in each fund's own reporting currency.
How to invest in EWSP 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 EWSP and buy
Find the fund by its ticker, EWSP, on Euronext Amsterdam, and place your order.
Why invest in EWSP from India
What EWSP holds
The fund seeks to provide returns reflecting the S&P 500 Equal Weight Index, which gives equal weights to the index’s U.S. large-cap stocks. It is a passively managed, physically replicated, accumulating equity ETF.
Outside US estate tax
EWSP 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 EWSP'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
EWSP 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 EWSP's UCITS structure matters for Indian investors
EWSP 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 EWSP from India?
Yes. Indian residents can buy iShares S&P 500 Equal Weight UCITS ETF (EWSP) 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 EWSP invest in?
Its largest holdings are KIMBERLY CLARK (0.4%), MODERNA (0.3%) and PTC (0.3%). It is an accumulating fund domiciled in Ireland.
Is EWSP a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares S&P 500 Equal Weight 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 EWSP pay dividends?
No. iShares S&P 500 Equal Weight 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 EWSP?
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.