London Stock Exchange ETF segment · UCITS ETF
Invest in IGSG ETF from India
Indian and foreign residents can buy iShares Dow Jones Global Leaders Screened UCITS ETF (IGSG) units directly through Paasa.
By Paasa · Updated
IGSG at a glance
- Price
- £76.44-£0.53 (0.69%)
- Expense ratio
- 0.6%
- Day range
- £76.23 – £76.86
- Assets
- £1.7B
- Domicile
- Ireland
- Holdings
- 573
- Launched
- 2011
- Dividends
- —
- 1 month
- -0.03%
- 6 months
- +16.03%
- YTD
- +14.54%
- 1 year
- +18.25%
- 5 years
- +77.83%
Price change, excluding dividends.
Top 10 holdings
- 1MICROSOFT13.5%
- 2TAIWAN SEMICONDUCTOR MANUFACTURING8.1%
- 3ASML HOLDING2.9%
- 4VISA CLASS A2.7%
- 5ABBVIE2.0%
- 6MASTERCARD CLASS A2.0%
- 7CISCO SYSTEMS INC1.8%
- 8TENCENT HOLDINGS1.5%
- 9PALO ALTO NETWORKS1.4%
- 10ASTRAZENECA PLC1.1%
IGSG holds 573 securities in total. These 10 are 37.0% of the fund.
Where the money is invested
Sectors
- Technology37.7%
- Financial Services19.8%
- Industrials11.8%
- Healthcare9.2%
- Basic Materials5.1%
- Energy3.4%
Countries
- United States40.5%
- Taiwan12.2%
- Japan7.9%
- United Kingdom3.8%
- Germany3.8%
- Netherlands3.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IGSULSEiShares Dow Jones Global Leaders Screened UCITS ETF USD (Acc) | 0.6% | 2.2B |
| IUSLXETRAiShares Dow Jones Global Leaders Screened UCITS ETF | 0.6% | 2.0B |
Assets are shown in each fund's own reporting currency.
How to invest in IGSG 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 GBP when you buy.
Step 3
Search IGSG and buy
Find the fund by its ticker, IGSG, on the London Stock Exchange ETF segment, and place your order.
Why invest in IGSG from India
What IGSG holds
The primary objective of this Fund is to deliver investment returns to its shareholders. This is achieved through both capital appreciation of its holdings and income generation from its investments, with the ultimate goal of replicating the performance of the Dow Jones Global Best-In-Class Index, which functions as the Fund's official benchmark.
Outside US estate tax
IGSG 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 IGSG's UCITS structure matters for Indian investors
IGSG 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 IGSG from India?
Yes. Indian residents can buy iShares Dow Jones Global Leaders Screened UCITS ETF (IGSG) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 IGSG invest in?
iShares Dow Jones Global Leaders Screened UCITS ETF holds 573 securities. Its largest holdings are MICROSOFT (13.5%), TAIWAN SEMICONDUCTOR MANUFACTURING (8.1%) and ASML HOLDING (2.9%). Technology is its largest sector at 37.7%. The fund is domiciled in Ireland.
What is the expense ratio of IGSG?
iShares Dow Jones Global Leaders Screened UCITS ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.7B.
Is IGSG a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Dow Jones Global Leaders Screened 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.
What tax do I pay in India when I sell IGSG?
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 GBP/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.