XETRA · ETF
Invest in ISPA ETF from India
Indian and foreign residents can buy iShares STOXX Global Select Dividend 100 UCITS ETF DE (ISPA) units directly through Paasa.
By Paasa · Updated
ISPA at a glance
- Price
- €40.68+€0.06 (0.14%)
- Expense ratio
- 0.46%
- Day range
- €40.54 – €40.73
- Assets
- €5.4B
- Domicile
- Germany
- Holdings
- 100
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- +2.68%
- 6 months
- +9.44%
- YTD
- +19.86%
- 1 year
- +21.80%
- 5 years
- +38.23%
Price change, excluding dividends.
Top 10 holdings
- 1LEGAL AND GENERAL GROUP PLC2.5%
- 2SITC INTERNATIONAL HOLDINGS LTD2.4%
- 3B&M EUROPEAN VALUE RETAIL PLC2.2%
- 4TELEPERFORMANCE2.2%
- 5ABN AMRO BANK NV1.7%
- 6TAYLOR WIMPEY PLC1.7%
- 7HP INC1.6%
- 8AEGON1.6%
- 9AKER BP1.6%
- 10INVESTEC PLC1.6%
ISPA holds 100 securities in total. These 10 are 19.1% of the fund.
Where the money is invested
Sectors
- Financial Services41.9%
- Industrials9.7%
- Consumer Cyclical8.7%
- Energy7.9%
- Consumer Defensive7.5%
- Utilities6.3%
Countries
- United States21.7%
- United Kingdom12.4%
- Hong Kong9.5%
- France9.3%
- Netherlands8.8%
- Australia8.7%
How to invest in ISPA 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 ISPA and buy
Find the fund by its ticker, ISPA, on XETRA, and place your order.
Why invest in ISPA from India
What ISPA holds
This fund aims to mirror the performance of an index that comprises 100 equities, specifically chosen from companies in Europe, North America, and the Asia Pacific region for their superior dividend yields.
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.
Frequently asked questions
Can I buy ISPA from India?
Yes. Indian residents can buy iShares STOXX Global Select Dividend 100 UCITS ETF DE (ISPA) 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 ISPA invest in?
iShares STOXX Global Select Dividend 100 UCITS ETF DE holds 100 securities. Its largest holdings are LEGAL AND GENERAL GROUP PLC (2.5%), SITC INTERNATIONAL HOLDINGS LTD (2.4%) and B&M EUROPEAN VALUE RETAIL PLC (2.2%). Financial Services is its largest sector at 41.9%. It is a distributing fund domiciled in Germany.
What is the expense ratio of ISPA?
iShares STOXX Global Select Dividend 100 UCITS ETF DE has an expense ratio of 0.46% a year, taken from the fund's assets rather than billed to you. The fund manages about €5.4B.
How are ISPA dividends taxed in India?
iShares STOXX Global Select Dividend 100 UCITS ETF DE 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 ISPA?
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 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.