London Stock Exchange ETF segment · UCITS ETF
Invest in IUCS ETF from India
Indian and foreign residents can buy iShares S&P 500 Consumer Staples Sector UCITS ETF (IUCS) units directly through Paasa.
By Paasa · Updated
IUCS at a glance
- Price
- $11.15-$0.06 (0.49%)
- Expense ratio
- 0.15%
- Day range
- $11.15 – $11.20
- Assets
- $579.7M
- Domicile
- Ireland
- Holdings
- 33
- Launched
- 2017
- Dividends
- —
- 1 month
- +8.94%
- 6 months
- +8.10%
- YTD
- +19.71%
- 1 year
- +21.01%
- 5 years
- +49.27%
Price change, excluding dividends.
Top 10 holdings
- 1WALMART16.7%
- 2COSTCO WHOLESALE CORP14.4%
- 3PROCTER & GAMBLE11.6%
- 4COCA-COLA11.3%
- 5PHILIP MORRIS INTERNATIONAL9.1%
- 6PEPSICO5.9%
- 7ALTRIA GROUP INC3.9%
- 8MONDELEZ INTERNATIONAL CLASS A2.5%
- 9COLGATE-PALMOLIVE2.3%
- 10TARGET CORP2.2%
IUCS holds 33 securities in total. These 10 are 80.0% of the fund.
Where the money is invested
Sectors
- Consumer Staples Merchandise Retail34.9%
- Soft Drinks & Non-Alcoholic Beverages20.5%
- Household Products17.1%
- Tobacco13.2%
- Packaged Foods & Meats6.0%
- Agricultural Products & Services2.9%
Countries
- United States100.0%
How to invest in IUCS 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 IUCS and buy
Find the fund by its ticker, IUCS, on the London Stock Exchange ETF segment, and place your order.
Why invest in IUCS from India
What IUCS holds
This investment vehicle endeavors to replicate the returns of an equity benchmark solely comprising U.S. companies within the Consumer Staples industry, classified according to the Global Industry Classification Standard (GICS).
Outside US estate tax
IUCS 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
IUCS 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 IUCS' UCITS structure matters for Indian investors
IUCS 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 IUCS from India?
Yes. Indian residents can buy iShares S&P 500 Consumer Staples Sector UCITS ETF (IUCS) 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 IUCS invest in?
iShares S&P 500 Consumer Staples Sector UCITS ETF holds 33 securities. Its largest holdings are WALMART (16.7%), COSTCO WHOLESALE CORP (14.4%) and PROCTER & GAMBLE (11.6%). Consumer Staples Merchandise Retail is its largest sector at 34.9%. The fund is domiciled in Ireland.
What is the expense ratio of IUCS?
iShares S&P 500 Consumer Staples Sector UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $579.7M.
Is IUCS a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares S&P 500 Consumer Staples Sector 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 IUCS?
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.