London Stock Exchange ETF segment · UCITS ETF
Invest in IGLA ETF from India
Indian and foreign residents can buy iShares Global Govt Bond UCITS ETF (IGLA) units directly through Paasa.
By Paasa · Updated
IGLA at a glance
- Price
- $4.55-$0.02 (0.38%)
- Expense ratio
- 0.2%
- Day range
- $4.55 – $4.57
- Assets
- $580.7M
- Domicile
- Ireland
- Holdings
- 903
- Launched
- 2017
- Dividends
- —
- 1 month
- -2.82%
- 6 months
- -2.61%
- YTD
- -4.65%
- 1 year
- -4.05%
- 5 years
- -17.19%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY NOTE 3.50% 01/31/2028 (TNOTE)0.5%
- 2TREASURY NOTE 4.38% 05/15/2034 (TNOTE)0.5%
- 3TREASURY NOTE (OLD) 4.38% 05/15/2036 (TNOTE)0.5%
- 4TREASURY NOTE (2OLD) 4.13% 02/15/2036 (TNOTE)0.4%
- 5TREASURY NOTE 4.00% 02/15/2034 (TNOTE)0.4%
- 6TREASURY NOTE 4.63% 02/15/2035 (TNOTE)0.4%
- 7TREASURY NOTE 4.50% 11/15/2033 (TNOTE)0.4%
- 8TREASURY NOTE 4.25% 11/15/2034 (TNOTE)0.4%
- 9TREASURY NOTE 4.25% 05/15/2035 (TNOTE)0.4%
- 10TREASURY NOTE 3.88% 08/15/2034 (TNOTE)0.4%
IGLA holds 903 securities in total. These 10 are 4.5% of the fund.
Where the money is invested
Countries
- United States55.2%
- Japan11.6%
- France8.5%
- Italy7.7%
- United Kingdom7.1%
- Germany6.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IGLOLSEiShares Global Govt Bond UCITS ETF | 0.2% | 1.2B |
| IGLHLSEiShares Global Govt Bond UCITS ETF | 0.25% | 482.2M |
| SGLUAMSiShares Global Govt Bond UCITS ETF | 0.25% | 424.1M |
| IGLEAMSiShares Global Govt Bond UCITS ETF | 0.25% | 248.0M |
Assets are shown in each fund's own reporting currency.
How to invest in IGLA 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 IGLA and buy
Find the fund by its ticker, IGLA, on the London Stock Exchange ETF segment, and place your order.
Why invest in IGLA from India
What IGLA holds
This Fund aims to replicate the returns of an underlying index. This index is specifically designed to include sovereign debt instruments issued by the governments of developed economies, with all investments denominated in their respective domestic currencies.
Outside US estate tax
IGLA 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
IGLA 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 IGLA's UCITS structure matters for Indian investors
IGLA 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 IGLA from India?
Yes. Indian residents can buy iShares Global Govt Bond UCITS ETF (IGLA) 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 IGLA invest in?
iShares Global Govt Bond UCITS ETF holds 903 securities. Its largest holdings are TREASURY NOTE 3.50% 01/31/2028 (TNOTE) (0.5%), TREASURY NOTE 4.38% 05/15/2034 (TNOTE) (0.5%) and TREASURY NOTE (OLD) 4.38% 05/15/2036 (TNOTE) (0.5%). The fund is domiciled in Ireland.
What is the expense ratio of IGLA?
iShares Global Govt Bond 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 $580.7M.
Is IGLA a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global Govt Bond 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 IGLA?
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 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.