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London Stock Exchange ETF segment · UCITS ETF

Invest in IDEM ETF from India

Indian and foreign residents can buy iShares MSCI EM UCITS ETF (IDEM) units directly through Paasa.

By Paasa · Updated

IDEM at a glance

Price
$66.23-$1.07 (1.59%)
Expense ratio
0.18%
Day range
$66.20 – $66.83
Assets
$10.4B
Domicile
Ireland
Holdings
1,136
Launched
2005
Dividends
Distributing
1 month
-1.98%
6 months
+20.24%
YTD
+20.20%
1 year
+27.37%
5 years
+36.50%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1TAIWAN SEMICONDUCTOR MANUFACTURING2330.TW15.3%
  2. 2SAMSUNG ELECTRONICS LTD005930.KS7.8%
  3. 3SK HYNIX000660.KS6.0%
  4. 4TENCENT HOLDINGS0700.HK2.7%
  5. 5MEDIATEK2454.TW1.9%
  6. 6ALIBABA GROUP HOLDING9988.HK1.9%
  7. 7ISHARES MSCI BRAZIL UCITS ET USDHA4BRZ.DE1.5%
  8. 8SAMSUNG ELECTRONICS NON VOTING PRE005935.KS1.0%
  9. 9DELTA ELECTRONICS2308.TW0.9%
  10. 10CHINA CONSTRUCTION BANK CORP H0939.HK0.8%

IDEM holds 1,136 securities in total. These 10 are 39.9% of the fund.

Where the money is invested

Sectors

  • Technology43.9%
  • Financial Services19.1%
  • Consumer Cyclical7.7%
  • Industrials6.1%
  • Communication Services5.9%
  • Basic Materials5.8%

Countries

  • Taiwan (Province of China)28.4%
  • Korea (the Republic of)21.8%
  • China17.5%
  • India10.7%
  • South Africa2.5%
  • Brazil2.5%

Similar funds

FundExpense ratioAssets
IEMALSEiShares MSCI EM UCITS ETF USD (Acc)0.18%10.6B

Assets are shown in each fund's own reporting currency.

How to invest in IDEM from India

  1. 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.

  2. 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.

  3. Step 3

    Search IDEM and buy

    Find the fund by its ticker, IDEM, on the London Stock Exchange ETF segment, and place your order.

Why invest in IDEM from India

What IDEM holds

The Fund seeks to track the performance of an index composed of companies from emerging markets countries.

Outside US estate tax

IDEM 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

IDEM 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 IDEM's UCITS structure matters for Indian investors

IDEM 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.

See UCITS options

Frequently asked questions

Can I buy IDEM from India?

Yes. Indian residents can buy iShares MSCI EM UCITS ETF (IDEM) 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 IDEM invest in?

iShares MSCI EM UCITS ETF holds 1,136 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MANUFACTURING (15.3%), SAMSUNG ELECTRONICS LTD (7.8%) and SK HYNIX (6.0%). Technology is its largest sector at 43.9%. It is a distributing fund domiciled in Ireland.

What is the expense ratio of IDEM?

iShares MSCI EM UCITS ETF has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about $10.4B.

Is IDEM a UCITS ETF, and why does that matter for Indian investors?

Yes. iShares MSCI EM 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.

How are IDEM dividends taxed in India?

iShares MSCI EM 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 IDEM?

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.

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