London Stock Exchange ETF segment · UCITS ETF
Invest in INFR ETF from India
Indian and foreign residents can buy iShares Global Infrastructure UCITS ETF (INFR) units directly through Paasa.
By Paasa · Updated
INFR at a glance
- Price
- £27.22-£0.15 (0.53%)
- Expense ratio
- 0.65%
- Day range
- £27.03 – £27.32
- Assets
- £1.8B
- Domicile
- Ireland
- Holdings
- 275
- Launched
- 2006
- Dividends
- Distributing
- 1 month
- -3.83%
- 6 months
- -6.64%
- YTD
- +2.74%
- 1 year
- +2.54%
- 5 years
- +18.04%
Price change, excluding dividends.
Top 10 holdings
- 1UNION PACIFIC5.3%
- 2NEXTERA ENERGY5.1%
- 3ENBRIDGE3.4%
- 4SOUTHERN3.1%
- 5DUKE ENERGY CORP2.9%
- 6CSX2.8%
- 7WILLIAMS2.7%
- 8AMERICAN TOWER REIT2.5%
- 9CANADIAN PACIFIC KANSAS CITY2.5%
- 10NATIONAL GRID PLC2.4%
INFR holds 275 securities in total. These 10 are 32.7% of the fund.
Where the money is invested
Sectors
- Utilities54.0%
- Industrials22.6%
- Energy17.0%
- Real Estate4.6%
- Communication Services1.0%
- Technology0.8%
Countries
- United States60.6%
- Canada12.8%
- Japan4.1%
- United Kingdom3.7%
- Other2.6%
- Hong Kong1.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IGFNASDAQiShares Global Infrastructure ETF | 0.37% | 10.1B |
| IDINLSEiShares Global Infrastructure UCITS ETF | 0.65% | 2.4B |
| IQQIXETRAiShares Global Infrastructure UCITS ETF | 0.65% | 2.1B |
Assets are shown in each fund's own reporting currency.
How to invest in INFR 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 INFR and buy
Find the fund by its ticker, INFR, on the London Stock Exchange ETF segment, and place your order.
Why invest in INFR from India
What INFR holds
The investment objective of this Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the FTSE Global Core Infrastructure Index.
Outside US estate tax
INFR 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 INFR's UCITS structure matters for Indian investors
INFR 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 INFR from India?
Yes. Indian residents can buy iShares Global Infrastructure UCITS ETF (INFR) 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 INFR invest in?
iShares Global Infrastructure UCITS ETF holds 275 securities. Its largest holdings are UNION PACIFIC (5.3%), NEXTERA ENERGY (5.1%) and ENBRIDGE (3.4%). Utilities is its largest sector at 54.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of INFR?
iShares Global Infrastructure UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.8B.
Is INFR a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global Infrastructure 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.
How are INFR dividends taxed in India?
iShares Global Infrastructure 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 INFR?
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.