London Stock Exchange ETF segment · UCITS ETF
Invest in HYGU ETF from India
Indian and foreign residents can buy iShares € High Yield Corp Bond UCITS ETF (HYGU) units directly through Paasa.
By Paasa · Updated
HYGU at a glance
- Price
- $7.34-$0.02 (0.21%)
- Expense ratio
- 0.55%
- Day range
- $7.34 – $7.36
- Assets
- $172.2M
- Domicile
- Ireland
- Holdings
- 670
- Launched
- 2017
- Dividends
- —
- 1 month
- -1.53%
- 6 months
- +3.18%
- YTD
- +1.19%
- 1 year
- +2.60%
- 5 years
- +23.22%
Price change, excluding dividends.
Top 10 holdings
- 1BLK LEAF FUND AGENCY ACC T0 EUR1.9%
- 2COREWEAVE INC RegS 8.50% 07/15/2032 (CRWV)0.5%
- 3VMED O2 UK FINANCING I PLC RegS 5.63% 04/15/2032 (VMED)0.4%
- 4FIBERCOP SPA RegS 5.38% 04/15/2031 (FIBCOP)0.4%
- 5UNITED GROUP BV RegS 5.76% 01/31/2033 (ADRBID)0.4%
- 6GRIFOLS SA RegS 3.88% 10/15/2028 (GRFSM)0.4%
- 7ZF EUROPE FINANCE BV MTN RegS 7.00% 06/12/2030 (ZFFNGR)0.4%
- 8CAB SELAS RegS 7.75% 08/09/2031 (BIOGRP)0.4%
- 9ORGANON & CO RegS 2.88% 04/30/2028 (OGN)0.4%
- 10TEAMSYSTEM SPA RegS 5.68% 07/01/2032 (TITANL)0.4%
HYGU holds 670 securities in total. These 10 are 5.5% of the fund.
Where the money is invested
Countries
- France19.1%
- Italy16.8%
- United States13.4%
- Germany11.4%
- United Kingdom9.3%
- Luxembourg5.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IHYGLSEiShares € High Yield Corp Bond UCITS ETF | 0.5% | 5.0B |
| IHYALSEiShares $ High Yield Corp Bond UCITS ETF | 0.5% | 2.8B |
| IHYULSEiShares $ High Yield Corp Bond UCITS ETF | 0.5% | 2.1B |
| HIGHLSEiShares € High Yield Corp Bond UCITS ETF | 0.5% | 1.5B |
| IHHGLSEiShares $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist) | 0.55% | 220.9M |
Assets are shown in each fund's own reporting currency.
How to invest in HYGU 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 HYGU and buy
Find the fund by its ticker, HYGU, on the London Stock Exchange ETF segment, and place your order.
Why invest in HYGU from India
What HYGU holds
The primary objective of this Fund is to mirror the financial performance of an index comprised of corporate debt instruments that are denominated in Euros and offer a high yield.
Outside US estate tax
HYGU 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
HYGU 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 HYGU's UCITS structure matters for Indian investors
HYGU is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy HYGU from India?
Yes. Indian residents can buy iShares € High Yield Corp Bond UCITS ETF (HYGU) through Paasa. It is listed on the London Stock Exchange ETF segment 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 HYGU invest in?
iShares € High Yield Corp Bond UCITS ETF holds 670 securities. Its largest holdings are BLK LEAF FUND AGENCY ACC T0 EUR (1.9%), COREWEAVE INC RegS 8.50% 07/15/2032 (CRWV) (0.5%) and VMED O2 UK FINANCING I PLC RegS 5.63% 04/15/2032 (VMED) (0.4%). The fund is domiciled in Ireland.
What is the expense ratio of HYGU?
iShares € High Yield Corp Bond UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $172.2M.
Is HYGU a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares € High Yield Corp Bond 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.
What tax do I pay in India when I sell HYGU?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.