XETRA · UCITS ETF
Invest in IS0P ETF from India
Indian and foreign residents can buy iShares Spain Govt Bond UCITS ETF (IS0P) units directly through Paasa.
By Paasa · Updated
IS0P at a glance
- Price
- €145.62+€0.21 (0.14%)
- Expense ratio
- 0.2%
- Day range
- €145.58 – €145.86
- Assets
- €253.2M
- Domicile
- Ireland
- Holdings
- 53
- Launched
- 2012
- Dividends
- Distributing
- 1 month
- -1.86%
- 6 months
- -2.80%
- YTD
- -3.89%
- 1 year
- -4.08%
- 5 years
- -17.94%
Price change, excluding dividends.
Top 10 holdings
- 1SPAIN (KINGDOM OF) 3.55% 10/31/2033 (SPGB)2.8%
- 2SPAIN (KINGDOM OF) 0.00% 01/31/2028 (SPGB)2.8%
- 3SPAIN (KINGDOM OF) 1.25% 10/31/2030 (SPGB)2.7%
- 4SPAIN (KINGDOM OF) 1.40% 04/30/2028 (SPGB)2.7%
- 5SPAIN (KINGDOM OF) RegS 3.10% 07/30/2031 (SPGB)2.7%
- 6SPAIN (KINGDOM OF) 3.20% 10/31/2035 (SPGB)2.7%
- 7SPAIN (KINGDOM OF) 1.95% 07/30/2030 (SPGB)2.6%
- 8SPAIN (KINGDOM OF) 0.50% 04/30/2030 (SPGB)2.5%
- 9SPAIN (KINGDOM OF) 4.20% 01/31/2037 (SPGB)2.5%
- 10SPAIN (KINGDOM OF) 5.15% 10/31/2028 (SPGB)2.5%
IS0P holds 53 securities in total. These 10 are 26.7% of the fund.
Where the money is invested
Countries
- Spain99.9%
- Ireland0.1%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SPEHLSEiShares Spain Govt Bond UCITS ETF | 0.22% | 904.3K |
| SPPBLSEiShares Spain Govt Bond UCITS ETF | 0.22% | 453.4K |
Assets are shown in each fund's own reporting currency.
How to invest in IS0P 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 IS0P and buy
Find the fund by its ticker, IS0P, on XETRA, and place your order.
Why invest in IS0P from India
What IS0P holds
The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the Bloomberg Spain Treasury Bond Index
Outside US estate tax
IS0P 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 IS0P's UCITS structure matters for Indian investors
IS0P 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 IS0P from India?
Yes. Indian residents can buy iShares Spain Govt Bond UCITS ETF (IS0P) 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 IS0P invest in?
iShares Spain Govt Bond UCITS ETF holds 53 securities. Its largest holdings are SPAIN (KINGDOM OF) 3.55% 10/31/2033 (SPGB) (2.8%), SPAIN (KINGDOM OF) 0.00% 01/31/2028 (SPGB) (2.8%) and SPAIN (KINGDOM OF) 1.25% 10/31/2030 (SPGB) (2.7%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of IS0P?
iShares Spain 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 €253.2M.
Is IS0P a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Spain 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 IS0P dividends taxed in India?
iShares Spain 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 IS0P?
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.