SIX Swiss Exchange · UCITS ETF
Invest in IDTC ETF from India
Indian and foreign residents can buy iShares $ Treasury Bond 7-10yr UCITS ETF (IDTC) units directly through Paasa.
By Paasa · Updated
IDTC at a glance
- Price
- CHF 3.85+CHF 0.00 (0.08%)
- Expense ratio
- 0.1%
- Day range
- CHF 3.85 – CHF 3.85
- Assets
- CHF 140.6M
- Domicile
- Ireland
- Holdings
- 13
- Launched
- 2019
- Dividends
- —
- 1 month
- -3.72%
- 6 months
- -5.38%
- YTD
- -7.42%
- 1 year
- -7.42%
- 5 years
- -25.36%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY NOTE 4.38% 05/15/2034 (TNOTE)9.1%
- 2TREASURY NOTE 4.63% 02/15/2035 (TNOTE)9.0%
- 3TREASURY NOTE 4.25% 05/15/2035 (TNOTE)9.0%
- 4TREASURY NOTE 4.25% 11/15/2034 (TNOTE)8.9%
- 5TREASURY NOTE (OLD) 4.38% 05/15/2036 (TNOTE)8.9%
- 6TREASURY NOTE 4.25% 08/15/2035 (TNOTE)8.8%
- 7TREASURY NOTE 4.00% 02/15/2034 (TNOTE)8.7%
- 8TREASURY NOTE 3.88% 08/15/2034 (TNOTE)8.7%
- 9TREASURY NOTE 4.00% 11/15/2035 (TNOTE)8.7%
- 10TREASURY NOTE (2OLD) 4.13% 02/15/2036 (TNOTE)8.6%
IDTC holds 13 securities in total. These 10 are 88.4% of the fund.
Where the money is invested
Countries
- United States99.9%
- Ireland0.1%
- United Kingdom0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CBU0LSEiShares $ Treasury Bond 7-10yr UCITS ETF USD (Acc) | 0.07% | 4.9B |
| IDTMLSEiShares $ Treasury Bond 7-10yr UCITS ETF USD (Dist) | 0.07% | 3.6B |
| IBB1XETRAiShares $ Treasury Bond 7-10yr UCITS ETF | 0.1% | 1.5B |
| IGTMLSEiShares $ Treasury Bond 7-10yr UCITS ETF | 0.1% | 640.5M |
Assets are shown in each fund's own reporting currency.
How to invest in IDTC 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 CHF when you buy.
Step 3
Search IDTC and buy
Find the fund by its ticker, IDTC, on the SIX Swiss Exchange, and place your order.
Why invest in IDTC from India
What IDTC holds
The fund's objective is to follow the performance of an index that holds dollar-denominated government bonds, which are issued by the United States Treasury.
Outside US estate tax
IDTC 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 IDTC's UCITS structure matters for Indian investors
IDTC 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 IDTC from India?
Yes. Indian residents can buy iShares $ Treasury Bond 7-10yr UCITS ETF (IDTC) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 IDTC invest in?
iShares $ Treasury Bond 7-10yr UCITS ETF holds 13 securities. Its largest holdings are TREASURY NOTE 4.38% 05/15/2034 (TNOTE) (9.1%), TREASURY NOTE 4.63% 02/15/2035 (TNOTE) (9.0%) and TREASURY NOTE 4.25% 05/15/2035 (TNOTE) (9.0%). The fund is domiciled in Ireland.
What is the expense ratio of IDTC?
iShares $ Treasury Bond 7-10yr UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 140.6M.
Is IDTC a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares $ Treasury Bond 7-10yr 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 IDTC?
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 CHF/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.