XETRA · UCITS ETF
Invest in IE1A ETF from India
Indian and foreign residents can buy iShares € Corp Bond 1-5yr UCITS ETF (IE1A) units directly through Paasa.
By Paasa · Updated
IE1A at a glance
- Price
- €5.44+€0.00 (0.09%)
- Expense ratio
- 0.2%
- Day range
- €5.43 – €5.44
- Assets
- €941.7M
- Domicile
- Ireland
- Holdings
- 2,498
- Launched
- 2022
- Dividends
- —
- 1 month
- -1.14%
- 6 months
- +0.32%
- YTD
- -0.60%
- 1 year
- -0.23%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1EUR CASH0.2%
- 2ANHEUSER-BUSCH INBEV NV MTN RegS 2.00% 03/17/2028 (ABIBB)0.2%
- 3JPMORGAN CHASE & CO MTN RegS 1.96% 03/23/2030 (JPM)0.1%
- 4BP CAPITAL MARKETS PLC NC9 RegS 3.63% 12/31/2079 (BPLN)0.1%
- 5JPMORGAN CHASE & CO MTN RegS 4.46% 11/13/2031 (JPM)0.1%
- 6VERIZON COMMUNICATIONS INC 4.00% 06/15/2056 (VZ)0.1%
- 7MORGAN STANLEY 4.66% 03/02/2029 (MS)0.1%
- 8GOLDMAN SACHS GROUP INC/THE MTN RegS 3.64% 07/22/2030 (GS)0.1%
- 9MORGAN STANLEY MTN 3.38% 01/23/2032 (MS)0.1%
- 10BNP PARIBAS SA MTN RegS 3.58% 01/15/2031 (BNP)0.1%
IE1A holds 2,498 securities in total. These 10 are 1.3% of the fund.
Where the money is invested
Countries
- France18.2%
- Netherlands14.2%
- United States14.1%
- Germany8.5%
- United Kingdom7.6%
- Spain5.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IE15LSEiShares € Corp Bond 1-5yr UCITS ETF | 0.2% | 3.0B |
Assets are shown in each fund's own reporting currency.
How to invest in IE1A 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 EUR when you buy.
Step 3
Search IE1A and buy
Find the fund by its ticker, IE1A, on XETRA, and place your order.
Why invest in IE1A from India
What IE1A holds
This fund aims to replicate the performance of a benchmark index, which holds corporate bonds rated as investment grade and issued in Euro currency.
Outside US estate tax
IE1A 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 IE1A's UCITS structure matters for Indian investors
IE1A 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 IE1A from India?
Yes. Indian residents can buy iShares € Corp Bond 1-5yr UCITS ETF (IE1A) through Paasa. It is listed on XETRA and trades in EUR. 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 IE1A invest in?
iShares € Corp Bond 1-5yr UCITS ETF holds 2,498 securities. Its largest holdings are EUR CASH (0.2%), ANHEUSER-BUSCH INBEV NV MTN RegS 2.00% 03/17/2028 (ABIBB) (0.2%) and JPMORGAN CHASE & CO MTN RegS 1.96% 03/23/2030 (JPM) (0.1%). The fund is domiciled in Ireland.
What is the expense ratio of IE1A?
iShares € Corp Bond 1-5yr UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €941.7M.
Is IE1A a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares € Corp Bond 1-5yr 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 IE1A?
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 EUR/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.