London Stock Exchange ETF segment · UCITS ETF
Invest in IMBA ETF from India
Indian and foreign residents can buy iShares US Mortgage Backed Securities UCITS ETF (IMBA) units directly through Paasa.
By Paasa · Updated
IMBA at a glance
- Price
- $5.38+$0.04 (0.67%)
- Expense ratio
- 0.28%
- Day range
- $5.34 – $5.40
- Assets
- $2.8B
- Domicile
- Ireland
- Holdings
- 610
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- -3.48%
- 6 months
- -2.61%
- YTD
- -3.48%
- 1 year
- -1.90%
- 5 years
- -2.91%
Price change, excluding dividends.
Top 10 holdings
- 1BLK ICS USD LEAF AGENCY DIST9.1%
- 2FHLMC 30YR UMBS 2.00% 02/01/2051 (FRQB9104)8.4%
- 3FNMA 30YR UMBS 2.50% 08/01/2051 (FNMA4399)3.8%
- 4FNMA 30YR UMBS 2.00% 12/01/2050 (FNMA4208)3.3%
- 5FNMA 30YR UMBS SUPER 2.50% 02/01/2051 (FNFM6081)2.8%
- 6GNMA2 30YR 2021 PRODUCTION 2.00% 10/20/2051 (G2MA7648)2.1%
- 7GNMA2 30YR 2021 PRODUCTION 2.50% 02/20/2051 (G2MA7193)1.9%
- 8FNMA 30YR UMBS 4.50% 09/01/2052 (FNMA4733)1.5%
- 9GNMA2 30YR 2024 PRODUCTION 5.00% 11/20/2054 (G2MB0025)1.4%
- 10FNMA 30YR UMBS 2.50% 04/01/2052 (FNBV5355)1.4%
IMBA holds 610 securities in total. These 10 are 35.7% of the fund.
Where the money is invested
Countries
- Other92.5%
- Ireland7.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IMBSLSEiShares US Mortgage Backed Securities UCITS ETF | 0.28% | 761.4M |
| IMGPLSEiShares US Mortgage Backed Securities UCITS ETF | 0.3% | 179.2M |
| IMBEAMSiShares US Mortgage Backed Securities UCITS ETF | 0.3% | 24.9M |
Assets are shown in each fund's own reporting currency.
How to invest in IMBA 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 IMBA and buy
Find the fund by its ticker, IMBA, on the London Stock Exchange ETF segment, and place your order.
Why invest in IMBA from India
What IMBA 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 Barclays US Mortgage Backed Securities Index.
Outside US estate tax
IMBA 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 IMBA'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
IMBA 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 IMBA's UCITS structure matters for Indian investors
IMBA 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 IMBA from India?
Yes. Indian residents can buy iShares US Mortgage Backed Securities UCITS ETF (IMBA) 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 IMBA invest in?
iShares US Mortgage Backed Securities UCITS ETF holds 610 securities. Its largest holdings are BLK ICS USD LEAF AGENCY DIST (9.1%), FHLMC 30YR UMBS 2.00% 02/01/2051 (FRQB9104) (8.4%) and FNMA 30YR UMBS 2.50% 08/01/2051 (FNMA4399) (3.8%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of IMBA?
iShares US Mortgage Backed Securities UCITS ETF has an expense ratio of 0.28% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.8B.
Is IMBA a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares US Mortgage Backed Securities 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 IMBA pay dividends?
No. iShares US Mortgage Backed Securities 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 IMBA?
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.