London Stock Exchange ETF segment · UCITS ETF
Invest in IWSZ ETF from India
Indian and foreign residents can buy iShares MSCI World Mid- Equal Weight UCITS ETF (IWSZ) units directly through Paasa.
By Paasa · Updated
IWSZ at a glance
- Price
- $59.19+$0.46 (0.78%)
- Expense ratio
- 0.3%
- Day range
- $59.10 – $59.28
- Assets
- $442.9M
- Domicile
- Ireland
- Holdings
- 722
- Launched
- 2014
- Dividends
- Accumulating
- 1 month
- -4.44%
- 6 months
- +10.45%
- YTD
- +6.84%
- 1 year
- +10.55%
- 5 years
- +33.70%
Price change, excluding dividends.
Top 10 holdings
- 1OKTA CLASS A0.3%
- 2NATERA0.3%
- 3ATLASSIAN CORP CLASS A0.3%
- 4ILLUMINA INC0.3%
- 5HEWLETT PACKARD ENTERPRISE0.3%
- 6VIVMARK RESIDENTIAL0.3%
- 7SHARKNINJA0.2%
- 8VEEVA SYSTEMS CLASS A0.2%
- 9EVERPURE INC CLASS A0.2%
- 10NETAPP INC0.2%
IWSZ holds 722 securities in total. These 10 are 2.6% of the fund.
Where the money is invested
Sectors
- Industrials20.7%
- Financial Services14.8%
- Technology11.1%
- Consumer Cyclical10.8%
- Healthcare8.8%
- Basic Materials7.0%
Countries
- United States38.3%
- Japan15.1%
- United Kingdom5.4%
- Canada5.3%
- Australia4.1%
- France3.3%
How to invest in IWSZ 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 IWSZ and buy
Find the fund by its ticker, IWSZ, on the London Stock Exchange ETF segment, and place your order.
Why invest in IWSZ from India
What IWSZ holds
This share class is part of a larger fund, designed to generate returns for investors through a blend of capital appreciation and income from its holdings. Its primary goal is to mirror the performance of its benchmark, the MSCI World Mid-Cap Equal Weighted Index.
Outside US estate tax
IWSZ 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 IWSZ'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
IWSZ 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 IWSZ's UCITS structure matters for Indian investors
IWSZ 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 IWSZ from India?
Yes. Indian residents can buy iShares MSCI World Mid- Equal Weight UCITS ETF (IWSZ) 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 IWSZ invest in?
iShares MSCI World Mid- Equal Weight UCITS ETF holds 722 securities. Its largest holdings are OKTA CLASS A (0.3%), NATERA (0.3%) and ATLASSIAN CORP CLASS A (0.3%). Industrials is its largest sector at 20.7%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of IWSZ?
iShares MSCI World Mid- Equal Weight UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about $442.9M.
Is IWSZ a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI World Mid- Equal Weight 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.
Does IWSZ pay dividends?
No. iShares MSCI World Mid- Equal Weight 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 IWSZ?
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.