XETRA · UCITS ETF
Invest in IE3E ETF from India
Indian and foreign residents can buy iShares € Corp Bond 0-3Yr ESG SRI UCITS ETF (IE3E) units directly through Paasa.
By Paasa · Updated
IE3E at a glance
- Price
- €5.54+€0.01 (0.13%)
- Expense ratio
- 0.12%
- Day range
- €5.53 – €5.54
- Assets
- €1.7B
- Domicile
- Ireland
- Holdings
- 1,425
- Launched
- 2022
- Dividends
- —
- 1 month
- -0.39%
- 6 months
- +1.07%
- YTD
- +0.52%
- 1 year
- +1.07%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BLK LEAF FUND AGENCY ACC T0 EUR3.7%
- 2JPMORGAN CHASE & CO MTN RegS 1.96% 03/23/2030 (JPM)0.2%
- 3GOLDMAN SACHS GROUP INC/THE MTN RegS 3.64% 07/22/2030 (GS)0.2%
- 4AXA SA MTN RegS 3.25% 05/28/2049 (AXASA)0.2%
- 5CREDIT AGRICOLE SA RegS 2.63% 03/17/2027 (ACAFP)0.2%
- 6JPMORGAN CHASE & CO MTN RegS 1.64% 05/18/2028 (JPM)0.2%
- 7MORGAN STANLEY 4.66% 03/02/2029 (MS)0.2%
- 8BANCO SANTANDER SA MTN RegS 3.25% 04/02/2029 (SANTAN)0.2%
- 9BANQUE FEDERATIVE DU CREDIT MUTUEL MTN RegS 3.13% 09/14/2027 (BFCM)0.2%
- 10WELLS FARGO & COMPANY MTN RegS 2.77% 07/23/2029 (WFC)0.2%
IE3E holds 1,425 securities in total. These 10 are 5.4% of the fund.
Where the money is invested
Countries
- France18.9%
- United States14.4%
- Netherlands12.8%
- United Kingdom7.2%
- Spain6.9%
- Germany6.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SUSSLSEiShares € Corp Bond 0-3Yr ESG SRI UCITS ETF | 0.12% | 2.3B |
| IU0ASIXiShares $ Corp Bond 0-3Yr ESG SRI UCITS ETF | 0.12% | 217.3M |
| SUSULSEiShares $ Corp Bond 0-3Yr ESG SRI UCITS ETF | 0.12% | 493.9M |
| IU0EXETRAiShares $ Corp Bond 0-3Yr ESG SRI UCITS ETF | 0.14% | 355.6M |
| SGSULSEiShares $ Corp Bond 0-3Yr ESG SRI UCITS ETF | 0.14% | 99.2M |
Assets are shown in each fund's own reporting currency.
How to invest in IE3E 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 IE3E and buy
Find the fund by its ticker, IE3E, on XETRA, and place your order.
Why invest in IE3E from India
What IE3E holds
The core objective of this investment vehicle is to deliver a total return to its shareholders, comprising both capital appreciation and income generated from its underlying assets. This return is intended to replicate the performance of its reference index, the Bloomberg MSCI Euro Corp 0-3 ESG SRI Index.
Outside US estate tax
IE3E 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 IE3E's UCITS structure matters for Indian investors
IE3E 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 IE3E from India?
Yes. Indian residents can buy iShares € Corp Bond 0-3Yr ESG SRI UCITS ETF (IE3E) 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 IE3E invest in?
iShares € Corp Bond 0-3Yr ESG SRI UCITS ETF holds 1,425 securities. Its largest holdings are BLK LEAF FUND AGENCY ACC T0 EUR (3.7%), JPMORGAN CHASE & CO MTN RegS 1.96% 03/23/2030 (JPM) (0.2%) and GOLDMAN SACHS GROUP INC/THE MTN RegS 3.64% 07/22/2030 (GS) (0.2%). The fund is domiciled in Ireland.
What is the expense ratio of IE3E?
iShares € Corp Bond 0-3Yr ESG SRI UCITS ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.7B.
Is IE3E a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares € Corp Bond 0-3Yr ESG SRI 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 IE3E?
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.