London Stock Exchange ETF segment · UCITS ETF
Invest in IDTW ETF from India
Indian and foreign residents can buy iShares MSCI Taiwan UCITS ETF (IDTW) units directly through Paasa.
By Paasa · Updated
IDTW at a glance
- Price
- $178.12-$1.78 (0.99%)
- Expense ratio
- 0.74%
- Day range
- $177.63 – $183.86
- Assets
- $1.5B
- Domicile
- Ireland
- Holdings
- 75
- Launched
- 2005
- Dividends
- Distributing
- 1 month
- -13.40%
- 6 months
- -1.87%
- YTD
- +49.05%
- 1 year
- +53.06%
- 5 years
- +110.12%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFACTURING32.7%
- 2MEDIATEK8.4%
- 3HON HAI PRECISION INDUSTRY LTD4.4%
- 4DELTA ELECTRONICS3.6%
- 5ASE TECHNOLOGY HOLDING3.0%
- 6TWD CASH2.4%
- 7NAN YA PLASTICS CORP2.1%
- 8FUBON FINANCIAL HOLDING2.0%
- 9CTBC FINANCIAL HOLDING1.9%
- 10ELITE MATERIAL1.8%
IDTW holds 75 securities in total. These 10 are 62.2% of the fund.
Where the money is invested
Sectors
- Technology79.1%
- Financial Services14.5%
- Industrials1.4%
- Consumer Cyclical1.3%
- Communication Services1.2%
- Basic Materials1.1%
Countries
- Taiwan98.7%
- United States1.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EWTAMEXiShares MSCI Taiwan ETF | 0.59% | 9.5B |
| XMTDLSEXtrackers MSCI Taiwan UCITS ETF 1C | 0.65% | 599.2M |
| 9074HKSEiShares Core MSCI Taiwan ETF | 0.3% | 97.9M |
Assets are shown in each fund's own reporting currency.
How to invest in IDTW 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 IDTW and buy
Find the fund by its ticker, IDTW, on the London Stock Exchange ETF segment, and place your order.
Why invest in IDTW from India
What IDTW holds
This investment vehicle aims to mirror the returns of a stock market index featuring corporations domiciled in Taiwan. A key development occurred on November 2nd, 2020, when its underlying benchmark was updated from the MSCI Taiwan Index to the MSCI Taiwan 20/35 Index.
Outside US estate tax
IDTW 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
IDTW 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 IDTW's UCITS structure matters for Indian investors
IDTW 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 IDTW from India?
Yes. Indian residents can buy iShares MSCI Taiwan UCITS ETF (IDTW) 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 IDTW invest in?
iShares MSCI Taiwan UCITS ETF holds 75 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MANUFACTURING (32.7%), MEDIATEK (8.4%) and HON HAI PRECISION INDUSTRY LTD (4.4%). Technology is its largest sector at 79.1%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of IDTW?
iShares MSCI Taiwan UCITS ETF has an expense ratio of 0.74% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
Is IDTW a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI Taiwan 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 IDTW dividends taxed in India?
iShares MSCI Taiwan 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 IDTW?
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.