London Stock Exchange ETF segment · UCITS ETF
Invest in ISFD ETF from India
Indian and foreign residents can buy iShares Core FTSE 100 UCITS ETF (ISFD) units directly through Paasa.
By Paasa · Updated
ISFD at a glance
- Price
- $10.39+$0.03 (0.29%)
- Expense ratio
- 0.2%
- Day range
- $10.36 – $10.44
- Assets
- $231.9M
- Domicile
- Ireland
- Holdings
- 101
- Launched
- 2017
- Dividends
- —
- 1 month
- -0.86%
- 6 months
- +8.80%
- YTD
- +10.06%
- 1 year
- +18.61%
- 5 years
- +83.31%
Price change, excluding dividends.
Top 10 holdings
- 1HSBC HOLDINGS PLCHSBA.L10.1%
- 2SHELLSHEL.L8.3%
- 3ASTRAZENECA PLCAZN.L7.3%
- 4ROLLS-ROYCE HOLDINGS PLCRR.L4.9%
- 5UNILEVER PLCULVR.L3.8%
- 6BP PLCBP.L3.5%
- 7BRITISH AMERICAN TOBACCOBATS.L3.4%
- 8GLAXOSMITHKLINEGSK.L2.9%
- 9RIO TINTORIO.L2.9%
- 10LLOYDS BANKING GROUP PLCLLOY.L2.5%
ISFD holds 101 securities in total. These 10 are 49.5% of the fund.
Where the money is invested
Sectors
- Financial Services26.4%
- Industrials14.4%
- Consumer Defensive13.8%
- Healthcare11.9%
- Energy10.8%
- Basic Materials8.7%
Countries
- United Kingdom93.3%
- Switzerland2.6%
- Ireland1.3%
- Hong Kong1.0%
- Other0.8%
- Bermuda0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| VUKELSEVanguard FTSE 100 UCITS ETF | 0.09% | 6.7B |
| CUKXLSEiShares Core FTSE 100 UCITS ETF GBP (Acc) | 0.07% | 3.2B |
| HUKXLSEHSBC FTSE 100 UCITS ETF | 0.07% | 862.1M |
| ISFULSEiShares Core FTSE 100 UCITS ETF | 0.07% | 21.6B |
| S100LSEInvesco FTSE 100 UCITS ETF | 0.09% | 35.2M |
Assets are shown in each fund's own reporting currency.
How to invest in ISFD 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 ISFD and buy
Find the fund by its ticker, ISFD, on the London Stock Exchange ETF segment, and place your order.
Why invest in ISFD from India
What ISFD holds
This Fund is designed to replicate the investment performance of an index comprised of the hundred largest publicly listed companies in the United Kingdom.
Outside US estate tax
ISFD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
ISFD 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 ISFD's UCITS structure matters for Indian investors
ISFD 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 ISFD from India?
Yes. Indian residents can buy iShares Core FTSE 100 UCITS ETF (ISFD) 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 ISFD invest in?
iShares Core FTSE 100 UCITS ETF holds 101 securities. Its largest holdings are HSBC HOLDINGS PLC (10.1%), SHELL (8.3%) and ASTRAZENECA PLC (7.3%). Financial Services is its largest sector at 26.4%. The fund is domiciled in Ireland.
What is the expense ratio of ISFD?
iShares Core FTSE 100 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 $231.9M.
Is ISFD a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Core FTSE 100 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.
What tax do I pay in India when I sell ISFD?
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 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.