London Stock Exchange ETF segment · UCITS ETF
Invest in IHYU ETF from India
Indian and foreign residents can buy iShares $ High Yield Corp Bond UCITS ETF (IHYU) units directly through Paasa.
By Paasa · Updated
IHYU at a glance
- Price
- $91.84-$0.19 (0.21%)
- Expense ratio
- 0.5%
- Day range
- $91.64 – $92.27
- Assets
- $2.1B
- Domicile
- Ireland
- Holdings
- 1,344
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- -2.34%
- 6 months
- -1.12%
- YTD
- -4.33%
- 1 year
- -5.81%
- 5 years
- -11.86%
Price change, excluding dividends.
Top 10 holdings
- 1BLK ICS USD LEAF AGENCY DIST1.3%
- 2MPT OPERATING PARTNERSHIP LP / MPT 144A 9.25% 02/15/2032 (MPW)1.0%
- 3CCO HOLDINGS LLC 4.50% 05/01/2032 (CHTR)0.8%
- 4ECHOSTAR CORP 6.75% 11/30/2030 (ECHO)0.8%
- 5CVS HEALTH CORP NC5.25 7.00% 03/10/2055 (CVS)0.7%
- 6BLOCK INC 6.50% 05/15/2032 (XYZ)0.7%
- 7VODAFONE GROUP PLC 7.00% 04/04/2079 (VOD)0.7%
- 8TENET HEALTHCARE CORP 6.13% 06/15/2030 (THC)0.6%
- 9UNITED RENTALS (NORTH AMERICA) INC 4.88% 01/15/2028 (URI)0.5%
- 10TENET HEALTHCARE CORP 6.13% 10/01/2028 (THC)0.5%
IHYU holds 1,344 securities in total. These 10 are 7.5% of the fund.
Where the money is invested
Sectors
- Utilities83.6%
- Real Estate16.4%
Countries
- United States84.8%
- Canada3.9%
- Other2.3%
- Ireland2.1%
- United Kingdom1.8%
- Luxembourg0.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IHYGLSEiShares € High Yield Corp Bond UCITS ETF | 0.5% | 5.0B |
| IHYALSEiShares $ High Yield Corp Bond UCITS ETF | 0.5% | 2.8B |
| HIGHLSEiShares € High Yield Corp Bond UCITS ETF | 0.5% | 1.5B |
| HYGULSEiShares € High Yield Corp Bond UCITS ETF | 0.55% | 172.2M |
| IHHGLSEiShares $ High Yield Corp Bond UCITS ETF GBP Hedged (Dist) | 0.55% | 220.9M |
Assets are shown in each fund's own reporting currency.
How to invest in IHYU 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 IHYU and buy
Find the fund by its ticker, IHYU, on the London Stock Exchange ETF segment, and place your order.
Why invest in IHYU from India
What IHYU holds
This share class aims to replicate the financial performance of a benchmark index, which comprises US Dollar-issued, high-yield corporate debt.
Outside US estate tax
IHYU 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
IHYU 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 IHYU's UCITS structure matters for Indian investors
IHYU 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 IHYU from India?
Yes. Indian residents can buy iShares $ High Yield Corp Bond UCITS ETF (IHYU) 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 IHYU invest in?
iShares $ High Yield Corp Bond UCITS ETF holds 1,344 securities. Its largest holdings are BLK ICS USD LEAF AGENCY DIST (1.3%), MPT OPERATING PARTNERSHIP LP / MPT 144A 9.25% 02/15/2032 (MPW) (1.0%) and CCO HOLDINGS LLC 4.50% 05/01/2032 (CHTR) (0.8%). Utilities is its largest sector at 83.6%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of IHYU?
iShares $ High Yield Corp Bond UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.1B.
Is IHYU a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares $ High Yield Corp 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.
How are IHYU dividends taxed in India?
iShares $ High Yield Corp Bond 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 IHYU?
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.