XETRA · UCITS ETF
Invest in IS3V ETF from India
Indian and foreign residents can buy iShares Global Inflation Linked Govt Bond UCITS ETF (IS3V) units directly through Paasa.
By Paasa · Updated
IS3V at a glance
- Price
- €4.45-€0.01 (0.18%)
- Expense ratio
- 0.2%
- Day range
- €4.44 – €4.47
- Assets
- €451.1M
- Domicile
- Ireland
- Holdings
- 154
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- -2.24%
- 6 months
- -2.24%
- YTD
- -2.03%
- 1 year
- -1.38%
- 5 years
- -17.94%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY (CPI) NOTE 1.88% 07/15/2035 (TIPS)1.8%
- 2TREASURY (CPI) NOTE 1.88% 01/15/2036 (TIPS)1.7%
- 3TREASURY (CPI) NOTE 2.13% 01/15/2035 (TIPS)1.7%
- 4TREASURY (CPI) NOTE 1.25% 04/15/2031 (TIPS)1.6%
- 5TREASURY (CPI) NOTE 0.13% 01/15/2032 (TIPS)1.6%
- 6TREASURY (CPI) NOTE 1.13% 01/15/2033 (TIPS)1.6%
- 7TREASURY (CPI) NOTE 1.88% 07/15/2034 (TIPS)1.6%
- 8TREASURY (CPI) NOTE 1.75% 01/15/2034 (TIPS)1.6%
- 9TREASURY (CPI) NOTE 0.50% 01/15/2028 (TIPS)1.6%
- 10TREASURY (CPI) NOTE 1.13% 10/15/2030 (TIPS)1.6%
IS3V holds 154 securities in total. These 10 are 16.4% of the fund.
Where the money is invested
Countries
- United States51.4%
- United Kingdom22.3%
- France8.6%
- Italy7.1%
- Spain3.3%
- Germany1.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IGILLSEiShares Global Inflation Linked Govt Bond UCITS ETF | 0.2% | 517.8M |
| GILELSEiShares Global Inflation Linked Govt Bond UCITS ETF | 0.2% | 105.5M |
Assets are shown in each fund's own reporting currency.
How to invest in IS3V 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 IS3V and buy
Find the fund by its ticker, IS3V, on XETRA, and place your order.
Why invest in IS3V from India
What IS3V holds
The Fund seeks to track the performance of an index composed of investment grade developed world inflation-linked government bonds issued in local currency.
Outside US estate tax
IS3V 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 IS3V's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 IS3V's UCITS structure matters for Indian investors
IS3V 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 IS3V from India?
Yes. Indian residents can buy iShares Global Inflation Linked Govt Bond UCITS ETF (IS3V) 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 IS3V invest in?
iShares Global Inflation Linked Govt Bond UCITS ETF holds 154 securities. Its largest holdings are TREASURY (CPI) NOTE 1.88% 07/15/2035 (TIPS) (1.8%), TREASURY (CPI) NOTE 1.88% 01/15/2036 (TIPS) (1.7%) and TREASURY (CPI) NOTE 2.13% 01/15/2035 (TIPS) (1.7%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of IS3V?
iShares Global Inflation Linked 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 €451.1M.
Is IS3V a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Global Inflation Linked 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.
Does IS3V pay dividends?
No. iShares Global Inflation Linked Govt Bond 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 IS3V?
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.