London Stock Exchange ETF segment · UCITS ETF
Invest in IEDY ETF from India
Indian and foreign residents can buy iShares EM Dividend UCITS ETF (IEDY) units directly through Paasa.
By Paasa · Updated
IEDY at a glance
- Price
- $19.10+$0.17 (0.91%)
- Expense ratio
- 0.65%
- Day range
- $19.00 – $19.21
- Assets
- $1.5B
- Domicile
- Ireland
- Holdings
- 115
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- -2.54%
- 6 months
- +0.28%
- YTD
- +8.48%
- 1 year
- +15.63%
- 5 years
- -11.03%
Price change, excluding dividends.
Top 10 holdings
- 1PETROLEO BRASILEIRO PREF SA4.3%
- 2EVERGREEN MARINE CORP (TAIWAN) LTD3.7%
- 3CHINA CONSTRUCTION BANK CORP H3.3%
- 4CIA VALE DO RIO DOCE SH2.9%
- 5BANK OF CHINA LTD H2.6%
- 6INDUSTRIAL AND COMMERCIAL BANK OF2.6%
- 7NOVATEK MICROELECTRONICS2.5%
- 8GPO FINANCE BANORTE2.5%
- 9ORLEN2.4%
- 10ITAUSA INVESTIMENTOS ITAU PREF SA2.3%
IEDY holds 115 securities in total. These 10 are 29.0% of the fund.
Where the money is invested
Sectors
- Financial Services29.7%
- Industrials18.4%
- Energy17.9%
- Basic Materials8.2%
- Technology8.1%
- Utilities6.5%
Countries
- Brazil21.7%
- China21.0%
- Taiwan16.4%
- Indonesia9.1%
- Poland5.8%
- Hong Kong5.0%
How to invest in IEDY 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 IEDY and buy
Find the fund by its ticker, IEDY, on the London Stock Exchange ETF segment, and place your order.
Why invest in IEDY from India
What IEDY holds
The investment objective of the Fund is to provide investors with a net total return, taking into account both capital and income returns, which reflects the return of the Dow Jones Emerging Markets Select Dividend Index.
Outside US estate tax
IEDY 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
IEDY 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 IEDY's UCITS structure matters for Indian investors
IEDY 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 IEDY from India?
Yes. Indian residents can buy iShares EM Dividend UCITS ETF (IEDY) 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 IEDY invest in?
iShares EM Dividend UCITS ETF holds 115 securities. Its largest holdings are PETROLEO BRASILEIRO PREF SA (4.3%), EVERGREEN MARINE CORP (TAIWAN) LTD (3.7%) and CHINA CONSTRUCTION BANK CORP H (3.3%). Financial Services is its largest sector at 29.7%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of IEDY?
iShares EM Dividend UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
Is IEDY a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares EM Dividend 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 IEDY dividends taxed in India?
iShares EM Dividend 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 IEDY?
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.