London Stock Exchange ETF segment · UCITS ETF
Invest in HYSD ETF from India
Indian and foreign residents can buy iShares Broad $ High Yield Corp Bond UCITS ETF (HYSD) units directly through Paasa.
By Paasa · Updated
HYSD at a glance
- Price
- £4.74+£0.02 (0.50%)
- Expense ratio
- 0.22%
- Day range
- £4.74 – £4.76
- Assets
- £134.5M
- Domicile
- Ireland
- Holdings
- 1,910
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- -2.19%
- 6 months
- -1.98%
- YTD
- -6.98%
- 1 year
- -5.69%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BLK ICS USD LEAF AGENCY DIST1.3%
- 21261229 BC LTD 144A 10.00% 04/15/2032 (BHCCN)0.5%
- 3ECHOSTAR CORP 10.75% 11/30/2029 (ECHO)0.4%
- 4MERIDIAN ARC HOLDCO LLC 144A 6.25% 04/30/2031 (MERIDI)0.4%
- 5PR RNO PROPERTY OWNER 1 LLC 144A 6.50% 05/01/2031 (TRACTD)0.3%
- 6CLOUD SOFTWARE GROUP INC 144A 6.50% 03/31/2029 (TIBX)0.3%
- 7CLOUD SOFTWARE GROUP INC 144A 9.00% 09/30/2029 (TIBX)0.3%
- 8QUIKRETE HOLDINGS INC 144A 6.38% 03/01/2032 (QUIKHO)0.3%
- 9SV RNO PROPERTY OWNER 1 LLC 144A 5.88% 03/01/2031 (TRACTC)0.2%
- 10GALAXY HELIOS DATA CENTERS II LLC 144A 9.88% 08/01/2031 (GALAXY)0.2%
HYSD holds 1,910 securities in total. These 10 are 4.1% of the fund.
Where the money is invested
Countries
- United States98.7%
- Ireland1.3%
- United Kingdom0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HYUSLSEiShares Broad $ High Yield Corp Bond UCITS ETF | 0.2% | 2.1B |
| EH1YXETRAiShares Broad € High Yield Corp Bond UCITS ETF | 0.2% | 362.7M |
Assets are shown in each fund's own reporting currency.
How to invest in HYSD 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 GBP when you buy.
Step 3
Search HYSD and buy
Find the fund by its ticker, HYSD, on the London Stock Exchange ETF segment, and place your order.
Why invest in HYSD from India
What HYSD holds
This investment vehicle aims to deliver a comprehensive return to its investors, encompassing both gains from price appreciation and regular income distributions, by closely mirroring the performance of the ICE BofAML US High Yield Constrained Index.
Outside US estate tax
HYSD 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 HYSD's UCITS structure matters for Indian investors
HYSD 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 HYSD from India?
Yes. Indian residents can buy iShares Broad $ High Yield Corp Bond UCITS ETF (HYSD) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 HYSD invest in?
iShares Broad $ High Yield Corp Bond UCITS ETF holds 1,910 securities. Its largest holdings are BLK ICS USD LEAF AGENCY DIST (1.3%), 1261229 BC LTD 144A 10.00% 04/15/2032 (BHCCN) (0.5%) and ECHOSTAR CORP 10.75% 11/30/2029 (ECHO) (0.4%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of HYSD?
iShares Broad $ High Yield Corp Bond UCITS ETF has an expense ratio of 0.22% a year, taken from the fund's assets rather than billed to you. The fund manages about £134.5M.
Is HYSD a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Broad $ 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.
How are HYSD dividends taxed in India?
iShares Broad $ High Yield Corp Bond UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell HYSD?
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 GBP/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.