London Stock Exchange ETF segment · UCITS ETF
Invest in IUVD ETF from India
Indian and foreign residents can buy iShares Edge MSCI USA Value Factor UCITS ETF (IUVD) units directly through Paasa.
By Paasa · Updated
IUVD at a glance
- Price
- $12.21+$0.11 (0.90%)
- Expense ratio
- 0.2%
- Day range
- $12.16 – $12.24
- Assets
- $417.0M
- Domicile
- Ireland
- Holdings
- 146
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- +0.65%
- 6 months
- +38.90%
- YTD
- +46.39%
- 1 year
- +64.32%
- 5 years
- +95.03%
Price change, excluding dividends.
Top 10 holdings
- 1MICRON TECHNOLOGYMU23.8%
- 2CISCO SYSTEMS INCCSCO4.1%
- 3GENERAL MOTORSGM3.5%
- 4VERIZON COMMUNICATIONS INCVZ2.9%
- 5AT&TT2.7%
- 6HEWLETT PACKARD ENTERPRISEHPE2.0%
- 7BANK OF AMERICABAC1.9%
- 8DELL TECHNOLOGIES INC CLASS CDELL1.8%
- 9QUALCOMMQCOM1.8%
- 10FORD MOTOR COF1.8%
IUVD holds 146 securities in total. These 10 are 46.2% of the fund.
Where the money is invested
Sectors
- Technology40.3%
- Financial Services10.9%
- Communication Services10.1%
- Consumer Cyclical10.1%
- Healthcare8.1%
- Industrials7.7%
Countries
- United States96.8%
- Ireland1.9%
- Netherlands0.5%
- Bermuda0.3%
- Other0.2%
- Switzerland0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IUVLLSEiShares Edge MSCI USA Value Factor UCITS ETF | 0.2% | 3.7B |
Assets are shown in each fund's own reporting currency.
How to invest in IUVD 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 IUVD and buy
Find the fund by its ticker, IUVD, on the London Stock Exchange ETF segment, and place your order.
Why invest in IUVD from India
What IUVD 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 MSCI USA Enhanced Value Index.
Outside US estate tax
IUVD 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
IUVD 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 IUVD's UCITS structure matters for Indian investors
IUVD 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 IUVD from India?
Yes. Indian residents can buy iShares Edge MSCI USA Value Factor UCITS ETF (IUVD) 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 IUVD invest in?
iShares Edge MSCI USA Value Factor UCITS ETF holds 146 securities. Its largest holdings are MICRON TECHNOLOGY (23.8%), CISCO SYSTEMS INC (4.1%) and GENERAL MOTORS (3.5%). Technology is its largest sector at 40.3%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of IUVD?
iShares Edge MSCI USA Value Factor 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 $417.0M.
Is IUVD a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Edge MSCI USA Value Factor 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.
How are IUVD dividends taxed in India?
iShares Edge MSCI USA Value Factor UCITS ETF 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 IUVD?
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.