NYSE Arca · ETF
Invest in IWC ETF from India
Indian and foreign residents can buy iShares Micro- ETF (IWC) units directly through Paasa.
By Paasa · Updated
IWC at a glance
- Price
- $186.12-$1.65 (0.88%)
- Expense ratio
- 0.6%
- Day range
- $185.51 – $187.48
- Assets
- $1.4B
- Domicile
- the US
- Holdings
- 1,370
- Launched
- 2005
- Dividends
- Accumulating
- 1 month
- -4.57%
- 6 months
- +18.83%
- YTD
- +17.57%
- 1 year
- +24.87%
- 5 years
- +28.46%
Price change, excluding dividends.
Top 10 holdings
- 1CAREDXCDNA0.7%
- 2OUSTEROUST0.6%
- 3HYPERLIQUID STRATEGIES INCPURR0.6%
- 4PENGUIN SOLUTIONS INCPENG0.6%
- 5SELLAS LIFE SCIENCES GROUP INCSLS0.6%
- 6INNODATAINOD0.5%
- 7NURIX THERAPEUTICSNRIX0.5%
- 8STRIVE INC CLASS AASST0.5%
- 9VIRIDIAN THERAPEUTICS ORSVRDN0.5%
- 10BUTTERFLY NETWORK CLASS ABFLY0.5%
IWC holds 1,370 securities in total. These 10 are 5.7% of the fund.
Where the money is invested
Sectors
- Healthcare27.2%
- Financial Services24.2%
- Technology11.8%
- Industrials11.6%
- Consumer Cyclical7.9%
- Basic Materials4.2%
Countries
- United States97.2%
- Bermuda0.8%
- Israel0.3%
- Other0.3%
- United Kingdom0.3%
- Puerto Rico0.2%
How to invest in IWC 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 IWC and buy
Find the fund by its ticker, IWC, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in IWC from India
What IWC holds
This iShares Micro-Cap ETF endeavors to mirror the investment outcomes of a benchmark index comprising stocks from the smallest U.S. companies by market capitalization.
Dividends reinvested for you
Dividends from IWC'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
IWC 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one IWC unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy IWC from India?
Yes. Indian residents can buy iShares Micro- ETF (IWC) through Paasa. It is listed on NYSE Arca 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 IWC invest in?
iShares Micro- ETF holds 1,370 securities. Its largest holdings are CAREDX (0.7%), OUSTER (0.6%) and HYPERLIQUID STRATEGIES INC (0.6%). Healthcare is its largest sector at 27.2%. It is an accumulating fund domiciled in the US.
What is the expense ratio of IWC?
iShares Micro- ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.4B.
Does IWC pay dividends?
No. iShares Micro- 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 IWC?
The US does not levy capital gains tax on shares for Indian residents. 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.
Can I buy a fraction of one IWC unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $186.12, and there is no minimum trade size.
What happens to my IWC units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.