XETRA · UCITS ETF
Invest in IG31 ETF from India
Indian and foreign residents can buy iShares iBonds Dec 2031 Term € Corp UCITS ETF (IG31) units directly through Paasa.
By Paasa · Updated
IG31 at a glance
- Price
- €5.12-€0.03 (0.54%)
- Expense ratio
- 0.12%
- Day range
- €5.12 – €5.15
- Assets
- €274.9M
- Domicile
- Ireland
- Holdings
- 312
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -2.39%
- 6 months
- -0.87%
- YTD
- -2.20%
- 1 year
- -2.01%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BANCO SANTANDER SA MTN RegS 4.88% 10/18/2031 (SANTAN)1.0%
- 2INTESA SANPAOLO SPA MTN RegS 5.13% 08/29/2031 (ISPIM)0.8%
- 3CREDIT AGRICOLE SA RegS 3.88% 04/20/2031 (ACAFP)0.7%
- 4DH EUROPE FINANCE II SARL 0.75% 09/18/2031 (DHR)0.7%
- 5BANQUE FEDERATIVE DU CREDIT MUTUEL MTN RegS 4.75% 11/10/2031 (BFCM)0.6%
- 6BANQUE FEDERATIVE DU CREDIT MUTUEL MTN RegS 3.25% 10/17/2031 (BFCM)0.6%
- 7STELLANTIS NV MTN RegS 4.25% 06/16/2031 (STLA)0.6%
- 8BANQUE FEDERATIVE DU CREDIT MUTUEL MTN RegS 3.13% 03/11/2031 (BFCM)0.6%
- 9BANCO BILBAO VIZCAYA ARGENTARIA SA MTN RegS 3.38% 06/30/2031 (BBVASM)0.6%
- 10SIEMENS FINANCIERINGSMAATSCHAPPIJ RegS 3.38% 08/24/2031 (SIEGR)0.6%
IG31 holds 312 securities in total. These 10 are 6.9% of the fund.
Where the money is invested
Countries
- France18.3%
- United States15.4%
- Netherlands14.0%
- Germany8.1%
- Other6.0%
- Spain5.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| ID31LSEiShares iBonds Dec 2031 Term $ Corp UCITS ETF USD (Acc) | 0.12% | 218.8M |
Assets are shown in each fund's own reporting currency.
How to invest in IG31 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 IG31 and buy
Find the fund by its ticker, IG31, on XETRA, and place your order.
Why invest in IG31 from India
What IG31 holds
The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the Bloomberg MSCI December 2031 Maturity EUR Corporate ESG Screened Index.
Outside US estate tax
IG31 is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from IG31's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 IG31's UCITS structure matters for Indian investors
IG31 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 IG31 from India?
Yes. Indian residents can buy iShares iBonds Dec 2031 Term € Corp UCITS ETF (IG31) 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 IG31 invest in?
iShares iBonds Dec 2031 Term € Corp UCITS ETF holds 312 securities. Its largest holdings are BANCO SANTANDER SA MTN RegS 4.88% 10/18/2031 (SANTAN) (1.0%), INTESA SANPAOLO SPA MTN RegS 5.13% 08/29/2031 (ISPIM) (0.8%) and CREDIT AGRICOLE SA RegS 3.88% 04/20/2031 (ACAFP) (0.7%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of IG31?
iShares iBonds Dec 2031 Term € Corp 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 €274.9M.
Is IG31 a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares iBonds Dec 2031 Term € Corp 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.
Does IG31 pay dividends?
No. iShares iBonds Dec 2031 Term € Corp UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell IG31?
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.