London Stock Exchange ETF segment · UCITS ETF
Invest in IT29 ETF from India
Indian and foreign residents can buy iShares iBonds Dec 2029 Term $ Treasury UCITS ETF (IT29) units directly through Paasa.
By Paasa · Updated
IT29 at a glance
- Price
- $107.98+$0.18 (0.17%)
- Expense ratio
- 0.1%
- Day range
- $107.98 – $108.06
- Assets
- $18.7M
- Domicile
- Ireland
- Holdings
- 36
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -1.08%
- 6 months
- -0.81%
- YTD
- -0.92%
- 1 year
- +0.30%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY NOTE 4.63% 04/30/2029 (TNOTE)4.0%
- 2TREASURY NOTE 4.25% 06/30/2029 (TNOTE)4.0%
- 3TREASURY NOTE 3.50% 09/30/2029 (TNOTE)3.9%
- 4TREASURY NOTE 4.50% 05/31/2029 (TNOTE)3.9%
- 5TREASURY NOTE 4.00% 07/31/2029 (TNOTE)3.8%
- 6TREASURY NOTE 4.13% 03/31/2029 (TNOTE)3.8%
- 7TREASURY NOTE 3.63% 08/31/2029 (TNOTE)3.8%
- 8TREASURY NOTE 4.13% 11/30/2029 (TNOTE)3.8%
- 9TREASURY NOTE 4.13% 10/31/2029 (TNOTE)3.8%
- 10TREASURY NOTE 4.25% 02/28/2029 (TNOTE)3.5%
IT29 holds 36 securities in total. These 10 are 38.4% of the fund.
Where the money is invested
Countries
- United States97.7%
- Ireland2.3%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IBTJNASDAQiShares iBonds Dec 2029 Term Treasury ETF | 0.07% | 1.4B |
Assets are shown in each fund's own reporting currency.
How to invest in IT29 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 IT29 and buy
Find the fund by its ticker, IT29, on the London Stock Exchange ETF segment, and place your order.
Why invest in IT29 from India
What IT29 holds
The investment objective of the Fund is to seek to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the ICE 2029 Maturity US Treasury UCITS Index
Outside US estate tax
IT29 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 IT29's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
IT29 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 IT29's UCITS structure matters for Indian investors
IT29 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 IT29 from India?
Yes. Indian residents can buy iShares iBonds Dec 2029 Term $ Treasury UCITS ETF (IT29) 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 IT29 invest in?
iShares iBonds Dec 2029 Term $ Treasury UCITS ETF holds 36 securities. Its largest holdings are TREASURY NOTE 4.63% 04/30/2029 (TNOTE) (4.0%), TREASURY NOTE 4.25% 06/30/2029 (TNOTE) (4.0%) and TREASURY NOTE 3.50% 09/30/2029 (TNOTE) (3.9%). It is an accumulating fund domiciled in Ireland.
What is the expense ratio of IT29?
iShares iBonds Dec 2029 Term $ Treasury UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $18.7M.
Is IT29 a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares iBonds Dec 2029 Term $ Treasury 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 IT29 pay dividends?
No. iShares iBonds Dec 2029 Term $ Treasury 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 IT29?
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 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.