London Stock Exchange ETF segment · UCITS ETF
Invest in IEQD ETF from India
Indian and foreign residents can buy iShares Edge MSCI Europe Quality Factor UCITS ETF (IEQD) units directly through Paasa.
By Paasa · Updated
IEQD at a glance
- Price
- €8.11+€0.06 (0.80%)
- Expense ratio
- 0.25%
- Day range
- €8.11 – €8.11
- Assets
- €30.6M
- Domicile
- Ireland
- Holdings
- 122
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -2.24%
- 6 months
- +9.35%
- YTD
- +5.93%
- 1 year
- +10.85%
- 5 years
- +20.21%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING9.2%
- 2ALLIANZ4.7%
- 3ABB LTD4.1%
- 4ROLLS-ROYCE HOLDINGS PLC3.5%
- 5ROCHE PS PAR AG3.0%
- 6ZURICH INSURANCE GROUP AG3.0%
- 7NESTLE SA2.9%
- 8NOVARTIS AG2.9%
- 9ASTRAZENECA PLC2.7%
- 10UNILEVER PLC2.7%
IEQD holds 122 securities in total. These 10 are 38.7% of the fund.
Where the money is invested
Sectors
- Financial Services22.3%
- Industrials19.5%
- Healthcare12.5%
- Technology11.1%
- Consumer Defensive8.7%
- Consumer Cyclical6.6%
Countries
- United Kingdom24.9%
- Switzerland22.2%
- Netherlands11.6%
- France10.7%
- Germany10.7%
- Spain4.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEFQLSEiShares Edge MSCI Europe Quality Factor UCITS ETF | 0.25% | 502.3M |
Assets are shown in each fund's own reporting currency.
How to invest in IEQD 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 IEQD and buy
Find the fund by its ticker, IEQD, on the London Stock Exchange ETF segment, and place your order.
Why invest in IEQD from India
What IEQD holds
This Fund aims to replicate the returns of an index consisting of a specific group of MSCI Europe equities exhibiting robust and consistent profitability.
Outside US estate tax
IEQD 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 IEQD's UCITS structure matters for Indian investors
IEQD 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 IEQD from India?
Yes. Indian residents can buy iShares Edge MSCI Europe Quality Factor UCITS ETF (IEQD) through Paasa. It is listed on the London Stock Exchange ETF segment 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 IEQD invest in?
iShares Edge MSCI Europe Quality Factor UCITS ETF holds 122 securities. Its largest holdings are ASML HOLDING (9.2%), ALLIANZ (4.7%) and ABB LTD (4.1%). Financial Services is its largest sector at 22.3%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of IEQD?
iShares Edge MSCI Europe Quality Factor UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €30.6M.
Is IEQD a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Edge MSCI Europe Quality Factor 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 IEQD dividends taxed in India?
iShares Edge MSCI Europe Quality Factor 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 IEQD?
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 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.