NYSE Arca · ETF
Invest in IJK ETF from India
Indian and foreign residents can buy iShares S&P Mid- 400 Growth ETF (IJK) units directly through Paasa.
By Paasa · Updated
IJK at a glance
- Price
- $109.93+$0.17 (0.15%)
- Expense ratio
- 0.16%
- Day range
- $109.18 – $110.29
- Assets
- $10.3B
- Domicile
- the US
- Holdings
- 249
- Launched
- 2000
- Dividends
- Accumulating
- 1 month
- -3.32%
- 6 months
- +11.57%
- YTD
- +12.21%
- 1 year
- +14.65%
- 5 years
- +38.82%
Price change, excluding dividends.
Top 10 holdings
- 1CASH COLLATERAL MSFUT USD7.1%
- 2TWILIO CLASS A2.3%
- 3OKTA CLASS A1.8%
- 4TECHNIPFMC PLC1.4%
- 5NVENT ELECTRIC PLC1.4%
- 6ATI1.3%
- 7UNITED THERAPEUTICS1.1%
- 8XPO1.1%
- 9TENET HEALTHCARE CORP1.1%
- 10ROYAL GOLD1.1%
IJK holds 249 securities in total. These 10 are 19.5% of the fund.
Where the money is invested
Sectors
- Industrials26.4%
- Technology23.7%
- Healthcare16.0%
- Consumer Cyclical7.3%
- Financial Services7.3%
- Real Estate5.5%
Countries
- United States94.8%
- United Kingdom2.3%
- Ireland0.8%
- Bermuda0.8%
- Cayman Islands0.8%
- Sweden0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IVOGAMEXVanguard S&P Mid-Cap 400 Growth ETF | 0.1% | 1.8B |
Assets are shown in each fund's own reporting currency.
How to invest in IJK 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 IJK and buy
Find the fund by its ticker, IJK, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in IJK from India
What IJK holds
This iShares S&P Mid-Cap 400 Growth ETF is an investment vehicle designed to mirror the returns of an index comprising mid-sized American companies chosen for their growth attributes.
Dividends reinvested for you
Dividends from IJK's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
IJK 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one IJK unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy IJK from India?
Yes. Indian residents can buy iShares S&P Mid- 400 Growth ETF (IJK) through Paasa. It is listed on NYSE Arca 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 IJK invest in?
iShares S&P Mid- 400 Growth ETF holds 249 securities. Its largest holdings are CASH COLLATERAL MSFUT USD (7.1%), TWILIO CLASS A (2.3%) and OKTA CLASS A (1.8%). Industrials is its largest sector at 26.4%. It is an accumulating fund domiciled in the US.
What is the expense ratio of IJK?
iShares S&P Mid- 400 Growth ETF has an expense ratio of 0.16% a year, taken from the fund's assets rather than billed to you. The fund manages about $10.3B.
Does IJK pay dividends?
No. iShares S&P Mid- 400 Growth 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 IJK?
The US does not levy capital gains tax on shares for Indian residents. 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 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.
Can I buy a fraction of one IJK unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $109.93, and there is no minimum trade size.
What happens to my IJK units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.