London Stock Exchange ETF segment · UCITS ETF
Invest in JGEP ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - Global Research Enhanced Index Equity Active UCITS ETF (JGEP) units directly through Paasa.
By Paasa · Updated
JGEP at a glance
- Price
- £49.67-£0.58 (1.15%)
- Expense ratio
- 0.25%
- Day range
- £49.56 – £50.16
- Assets
- £10.6B
- Domicile
- Ireland
- Holdings
- 669
- Launched
- 2018
- Dividends
- —
- 1 month
- -1.34%
- 6 months
- +2.30%
- YTD
- +10.53%
- 1 year
- +13.46%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INC5.6%
- 2MICROSOFT CORP4.5%
- 3NVIDIA CORP4.4%
- 4AMAZON.COM INC3.2%
- 5ALPHABET INC-CL A1.9%
- 6BROADCOM INC1.9%
- 7META PLATFORMS INC-CLASS A1.7%
- 8ALPHABET INC-CL C1.5%
- 9ELI LILLY & CO1.2%
- 10MICRON TECHNOLOGY INC1.1%
JGEP holds 669 securities in total. These 10 are 26.9% of the fund.
Where the money is invested
Sectors
- Technology31.1%
- Financial Services16.1%
- Industrials10.6%
- Consumer Cyclical9.3%
- Healthcare9.3%
- Communication Services8.1%
Countries
- United States72.7%
- Japan5.8%
- United Kingdom3.7%
- Canada3.4%
- France2.6%
- Germany2.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JREGLSEJPMorgan ETFs (Ireland) ICAV - Global Research Enhanced Index Equity Active UCITS ETF | 0.25% | 10.6B |
| JRGDLSEJPMorgan ETFs (Ireland) ICAV - Global Research Enhanced Index Equity Active UCITS ETF | 0.25% | 10.6B |
Assets are shown in each fund's own reporting currency.
How to invest in JGEP 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 JGEP and buy
Find the fund by its ticker, JGEP, on the London Stock Exchange ETF segment, and place your order.
Why invest in JGEP from India
What JGEP holds
This fund endeavors to deliver superior long-term performance when compared to its benchmark, the MSCI World Index (Total Return Net). It accomplishes this by actively investing primarily in a worldwide portfolio of company shares.
Outside US estate tax
JGEP 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 JGEP's UCITS structure matters for Indian investors
JGEP 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 JGEP from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - Global Research Enhanced Index Equity Active UCITS ETF (JGEP) 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 JGEP invest in?
JPMorgan ETFs Ireland ICAV - Global Research Enhanced Index Equity Active UCITS ETF holds 669 securities. Its largest holdings are APPLE INC (5.6%), MICROSOFT CORP (4.5%) and NVIDIA CORP (4.4%). Technology is its largest sector at 31.1%. The fund is domiciled in Ireland.
What is the expense ratio of JGEP?
JPMorgan ETFs Ireland ICAV - Global Research Enhanced Index Equity Active 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 £10.6B.
Is JGEP a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - Global Research Enhanced Index Equity 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. 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 JGEP?
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.