Euronext Amsterdam · UCITS ETF
Invest in H2OA ETF from India
Indian and foreign residents can buy iShares Global Water UCITS ETF (H2OA) units directly through Paasa.
By Paasa · Updated
H2OA at a glance
- Price
- €24.49-€0.10 (0.39%)
- Expense ratio
- 0.65%
- Day range
- €24.39 – €24.59
- Assets
- €58.1M
- Domicile
- Ireland
- Holdings
- 66
- Launched
- 2021
- Dividends
- —
- 1 month
- -2.78%
- 6 months
- +0.28%
- YTD
- +2.15%
- 1 year
- +3.05%
- 5 years
- +18.39%
Price change, excluding dividends.
Top 10 holdings
- 1AMERICAN WATER WORKSAWK8.2%
- 2COMPANHIA DE SANEAMENTO BASICO DESBSP3.SA7.5%
- 3XYLEM INCXYL7.1%
- 4ESSENTIAL UTILITIES INCWTRG5.9%
- 5UNITED UTILITIES GROUP PLCUU.L5.7%
- 6SEVERN TRENT PLCSVT.L5.2%
- 7VERALTO CORPVLTO4.9%
- 8ECOLABECL4.1%
- 9GEBERIT AGGEBN.SW3.6%
- 10WATTS WATER TECHNOLOGIES CLASS AWTS3.4%
H2OA holds 66 securities in total. These 10 are 55.7% of the fund.
Where the money is invested
Sectors
- Utilities46.5%
- Industrials43.8%
- Basic Materials6.0%
- Energy1.5%
- Technology1.3%
- Consumer Cyclical0.6%
Countries
- United States55.8%
- United Kingdom14.1%
- Brazil10.5%
- Switzerland6.8%
- Japan3.8%
- India1.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DH2OLSEiShares Global Water UCITS ETF | 0.65% | 2.1B |
| PIONASDAQInvesco Global Water ETF | 0.75% | 261.9M |
Assets are shown in each fund's own reporting currency.
How to invest in H2OA 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 EUR when you buy.
Step 3
Search H2OA and buy
Find the fund by its ticker, H2OA, on Euronext Amsterdam, and place your order.
Why invest in H2OA from India
What H2OA holds
This Fund's objective is to deliver investor returns, comprising both capital appreciation and income generated by its holdings, with its overall performance designed to track the S&P Global Water Index.
Outside US estate tax
H2OA 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 H2OA's UCITS structure matters for Indian investors
H2OA 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 H2OA from India?
Yes. Indian residents can buy iShares Global Water UCITS ETF (H2OA) through Paasa. It is listed on Euronext Amsterdam and trades in EUR. 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 H2OA invest in?
iShares Global Water UCITS ETF holds 66 securities. Its largest holdings are AMERICAN WATER WORKS (8.2%), COMPANHIA DE SANEAMENTO BASICO DE (7.5%) and XYLEM INC (7.1%). Utilities is its largest sector at 46.5%. The fund is domiciled in Ireland.
What is the expense ratio of H2OA?
iShares Global Water UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about €58.1M.
Is H2OA a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global Water 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 H2OA?
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 EUR/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.