London Stock Exchange ETF segment · UCITS ETF
Invest in JAGA ETF from India
Indian and foreign residents can buy JPMorgan Global Aggregate Bond Active UCITS ETF (JAGA) units directly through Paasa.
By Paasa · Updated
JAGA at a glance
- Price
- $11.38-$0.09 (0.78%)
- Expense ratio
- 0.3%
- Day range
- $11.38 – $11.38
- Assets
- $457.0M
- Domicile
- Ireland
- Holdings
- 470
- Launched
- 2023
- Dividends
- Accumulating
- 1 month
- +0.62%
- 6 months
- -1.90%
- YTD
- -2.49%
- 1 year
- -1.90%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1UNITED KI 4.125% 03/07/31/GBP/7.1%
- 2FNMA 30YR TBA 5% DEC 264.2%
- 3US TREAS NTS 4.25% 07/31/283.3%
- 4US TREAS NTS 4.375% 08/31/313.3%
- 5Cash and Cash Equivalent3.3%
- 6FNCL 30YR TBA 5.5% DEC 263.0%
- 7US TREAS NTS 4.375% 07/31/332.9%
- 8BUNDESOBLIG 2.9% 10/08/31/EUR/2.9%
- 9FNMA 30YR TBA 3.0% DEC262.2%
- 10FNMA 30YR TBA 6% DEC 262.0%
JAGA holds 470 securities in total. These 10 are 34.1% of the fund.
Where the money is invested
Sectors
- Government44.2%
- Corporate36.2%
- Securitized15.8%
Countries
- United States45.6%
- United Kingdom10.8%
- Germany9.0%
- Other3.7%
- Canada3.5%
- Italy3.2%
How to invest in JAGA 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 JAGA and buy
Find the fund by its ticker, JAGA, on the London Stock Exchange ETF segment, and place your order.
Why invest in JAGA from India
What JAGA holds
The objective of the Sub-Fund is to achieve a long-term return in excess of Bloomberg Global Aggregate Index Total Return USD Unhedged (the Benchmark) by actively investing primarily in a portfolio of investment grade debt securities, globally, using financial derivative instruments to gain exposure to underlying assets, where appropriate.
Outside US estate tax
JAGA 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 JAGA'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
JAGA 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 JAGA's UCITS structure matters for Indian investors
JAGA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy JAGA from India?
Yes. Indian residents can buy JPMorgan Global Aggregate Bond Active UCITS ETF (JAGA) 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 JAGA invest in?
JPMorgan Global Aggregate Bond Active UCITS ETF holds 470 securities. Its largest holdings are UNITED KI 4.125% 03/07/31/GBP/ (7.1%), FNMA 30YR TBA 5% DEC 26 (4.2%) and US TREAS NTS 4.25% 07/31/28 (3.3%). Government is its largest sector at 44.2%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of JAGA?
JPMorgan Global Aggregate Bond Active 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 $457.0M.
Is JAGA a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan Global Aggregate Bond Active 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.
Does JAGA pay dividends?
No. JPMorgan Global Aggregate Bond Active 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 JAGA?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.