XETRA · UCITS ETF
Invest in JBEM ETF from India
Indian and foreign residents can buy BNP Paribas Easy JPM Tilted EMU Government Bond IG UCITS ETF Capitalisation (JBEM) units directly through Paasa.
By Paasa · Updated
JBEM at a glance
- Price
- €9.16-€0.03 (0.31%)
- Expense ratio
- 0.15%
- Day range
- €9.16 – €9.21
- Assets
- €3.6B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2017
- Dividends
- —
- 1 month
- -2.62%
- 6 months
- -2.10%
- YTD
- -3.24%
- 1 year
- -2.83%
- 5 years
- -14.68%
Price change, excluding dividends.
How to invest in JBEM 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 EUR when you buy.
Step 3
Search JBEM and buy
Find the fund by its ticker, JBEM, on XETRA, and place your order.
Why invest in JBEM from India
What JBEM holds
Replicate the performance of the Bloomberg-Barclays Euro Aggregate Treasury (TR) index (Bloomberg: LEATTREU index), including fluctuations, and to maintain the Tracking Error between the sub-fund and the index below 1%.
Outside US estate tax
JBEM is domiciled in Luxembourg, 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 JBEM's UCITS structure matters for Indian investors
JBEM is domiciled in Luxembourg, 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 JBEM from India?
Yes. Indian residents can buy BNP Paribas Easy JPM Tilted EMU Government Bond IG UCITS ETF Capitalisation (JBEM) through Paasa. It is listed on XETRA and trades in EUR. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What is the expense ratio of JBEM?
BNP Paribas Easy JPM Tilted EMU Government Bond IG UCITS ETF Capitalisation has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €3.6B.
Is JBEM a UCITS ETF, and why does that matter for Indian investors?
Yes. BNP Paribas Easy JPM Tilted EMU Government Bond IG UCITS ETF Capitalisation is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
What tax do I pay in India when I sell JBEM?
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 EUR/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.