London Stock Exchange ETF segment · UCITS ETF
Invest in ICBR ETF from India
Indian and foreign residents can buy Invesco Cybersecurity UCITS ETF AccumUSD (ICBR) units directly through Paasa.
By Paasa · Updated
ICBR at a glance
- Price
- $7.96+$0.01 (0.10%)
- Expense ratio
- 0.35%
- Day range
- $7.91 – $7.96
- Assets
- $16.0M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2024
- Dividends
- —
- 1 month
- +1.40%
- 6 months
- +44.46%
- YTD
- +34.46%
- 1 year
- +26.55%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1OKTA INC NPV4.1%
- 2ZSCALER INC USD0.0013.8%
- 3VARONIS SYSTEMS INC USD0.0013.7%
- 4DATADOG INC - CLASS A USD0.000013.5%
- 5RAPID7 INC USD0.013.5%
- 6CHECK POINT SOFTWARE TECH USD0.013.4%
- 7FORTINET INC USD0.0013.4%
- 8F5 INC USD NPV3.4%
- 9TENABLE HOLDINGS INC USD0.013.4%
- 10CROWDSTRIKE HOLDINGS INC - A NPV3.3%
These 10 are 35.5% of the fund.
Where the money is invested
Countries
- United States74.5%
- Canada7.1%
- Israel4.7%
- Japan4.3%
- Netherlands2.6%
- Finland2.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IVCSXETRAInvesco Cybersecurity UCITS ETF AccumUSD | — | — |
Assets are shown in each fund's own reporting currency.
How to invest in ICBR 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 ICBR and buy
Find the fund by its ticker, ICBR, on the London Stock Exchange ETF segment, and place your order.
Why invest in ICBR from India
What ICBR holds
The objective of the Fund is to provide exposure global listed companies that are focused on protecting enterprises and devices from unauthorised access via electronic means.
Outside US estate tax
ICBR 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
ICBR 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 ICBR's UCITS structure matters for Indian investors
ICBR 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 ICBR from India?
Yes. Indian residents can buy Invesco Cybersecurity UCITS ETF AccumUSD (ICBR) 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 ICBR invest in?
Its largest holdings are OKTA INC NPV (4.1%), ZSCALER INC USD0.001 (3.8%) and VARONIS SYSTEMS INC USD0.001 (3.7%). The fund is domiciled in Ireland.
What is the expense ratio of ICBR?
Invesco Cybersecurity UCITS ETF AccumUSD has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $16.0M.
Is ICBR a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco Cybersecurity UCITS ETF AccumUSD 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 ICBR?
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.