XETRA · UCITS ETF
Invest in IS0M ETF from India
Indian and foreign residents can buy iShares Italy Govt Bond UCITS ETF (IS0M) units directly through Paasa.
By Paasa · Updated
IS0M at a glance
- Price
- €144.25+€0.32 (0.22%)
- Expense ratio
- 0.2%
- Day range
- €144.25 – €144.83
- Assets
- €499.4M
- Domicile
- Ireland
- Holdings
- 96
- Launched
- 2012
- Dividends
- Distributing
- 1 month
- -2.06%
- 6 months
- -3.47%
- YTD
- -4.89%
- 1 year
- -5.42%
- 5 years
- -16.66%
Price change, excluding dividends.
Top 10 holdings
- 1ITALY (REPUBLIC OF) 4.00% 02/01/2037 (BTPS)1.9%
- 2ITALY (REPUBLIC OF) RegS 6.00% 05/01/2031 (BTPS)1.9%
- 3ITALY (REPUBLIC OF) MTN 3.50% 03/01/2030 (BTPS)1.7%
- 4ITALY (REPUBLIC OF) 5.00% 08/01/2034 (BTPS)1.7%
- 5ITALY (REPUBLIC OF) RegS 5.75% 02/01/2033 (BTPS)1.7%
- 6ITALY (REPUBLIC OF) 5.00% 08/01/2039 (BTPS)1.6%
- 7ITALY (REPUBLIC OF) 4.75% 09/01/2028 (BTPS)1.6%
- 8ITALY (REPUBLIC OF) RegS 5.25% 11/01/2029 (BTPS)1.6%
- 9ITALY (REPUBLIC OF) 5.00% 09/01/2040 (BTPS)1.5%
- 10ITALY (REPUBLIC OF) RegS 3.85% 12/15/2029 (BTPS)1.5%
IS0M holds 96 securities in total. These 10 are 16.6% of the fund.
Where the money is invested
Sectors
- Government99.9%
- Corporate0.0%
Countries
- Italy99.9%
- Ireland0.1%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| ITEBLSEiShares Italy Govt Bond UCITS ETF | 0.22% | 111.5K |
| ITEHLSEiShares Italy Govt Bond UCITS ETF | 0.22% | 247.5K |
Assets are shown in each fund's own reporting currency.
How to invest in IS0M 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 EUR when you buy.
Step 3
Search IS0M and buy
Find the fund by its ticker, IS0M, on XETRA, and place your order.
Why invest in IS0M from India
What IS0M holds
The Fund seeks to track the performance of an index composed of Italian government bonds.
Outside US estate tax
IS0M 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 IS0M's UCITS structure matters for Indian investors
IS0M 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 IS0M from India?
Yes. Indian residents can buy iShares Italy Govt Bond UCITS ETF (IS0M) through Paasa. It is listed on XETRA and trades in EUR. 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 IS0M invest in?
iShares Italy Govt Bond UCITS ETF holds 96 securities. Its largest holdings are ITALY (REPUBLIC OF) 4.00% 02/01/2037 (BTPS) (1.9%), ITALY (REPUBLIC OF) RegS 6.00% 05/01/2031 (BTPS) (1.9%) and ITALY (REPUBLIC OF) MTN 3.50% 03/01/2030 (BTPS) (1.7%). Corporate is its largest sector at 0.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of IS0M?
iShares Italy Govt Bond UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €499.4M.
Is IS0M a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Italy Govt 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 IS0M dividends taxed in India?
iShares Italy Govt 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 IS0M?
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 EUR/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.