London Stock Exchange ETF segment · UCITS ETF
Invest in IWFQ ETF from India
Indian and foreign residents can buy iShares Edge MSCI World Quality Factor UCITS ETF (IWFQ) units directly through Paasa.
By Paasa · Updated
IWFQ at a glance
- Price
- £67.28-£0.30 (0.44%)
- Expense ratio
- 0.25%
- Day range
- £67.08 – £67.65
- Assets
- £4.8B
- Domicile
- Ireland
- Holdings
- 290
- Launched
- 2014
- Dividends
- —
- 1 month
- +1.79%
- 6 months
- +13.25%
- YTD
- +12.81%
- 1 year
- +17.07%
- 5 years
- +70.67%
Price change, excluding dividends.
Top 10 holdings
- 1MICROSOFT6.4%
- 2APPLE5.9%
- 3NVIDIA5.4%
- 4META PLATFORMS CLASS A4.2%
- 5VISA CLASS A3.5%
- 6ASML HOLDING3.1%
- 7ELI LILLY2.6%
- 8LAM RESEARCH2.0%
- 9MASTERCARD CLASS A2.0%
- 10TJX1.9%
IWFQ holds 290 securities in total. These 10 are 36.9% of the fund.
Where the money is invested
Sectors
- Technology31.5%
- Financial Services16.0%
- Industrials10.0%
- Healthcare9.1%
- Consumer Cyclical8.9%
- Communication Services8.5%
Countries
- United States70.4%
- United Kingdom4.7%
- Switzerland4.2%
- Netherlands3.3%
- Japan3.0%
- Canada2.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IWQULSEiShares Edge MSCI World Quality Factor UCITS ETF | 0.25% | 6.4B |
| IS3QXETRAiShares Edge MSCI World Quality Factor UCITS ETF | 0.25% | 5.6B |
Assets are shown in each fund's own reporting currency.
How to invest in IWFQ 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 GBP when you buy.
Step 3
Search IWFQ and buy
Find the fund by its ticker, IWFQ, on the London Stock Exchange ETF segment, and place your order.
Why invest in IWFQ from India
What IWFQ holds
This ETF aims to replicate the returns of a specific index. This index comprises a focused selection of equities from the broader MSCI World universe, chosen for their robust and consistent profitability.
Outside US estate tax
IWFQ is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 IWFQ's UCITS structure matters for Indian investors
IWFQ 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 IWFQ from India?
Yes. Indian residents can buy iShares Edge MSCI World Quality Factor UCITS ETF (IWFQ) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 IWFQ invest in?
iShares Edge MSCI World Quality Factor UCITS ETF holds 290 securities. Its largest holdings are MICROSOFT (6.4%), APPLE (5.9%) and NVIDIA (5.4%). Technology is its largest sector at 31.5%. The fund is domiciled in Ireland.
What is the expense ratio of IWFQ?
iShares Edge MSCI World Quality Factor UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about £4.8B.
Is IWFQ a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Edge MSCI World Quality 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.
What tax do I pay in India when I sell IWFQ?
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 GBP/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.