London Stock Exchange ETF segment · UCITS ETF
Invest in JGST ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - Ultra-Short Active UCITS ETF (JGST) units directly through Paasa.
By Paasa · Updated
JGST at a glance
- Price
- £100.93+£0.06 (0.06%)
- Expense ratio
- 0.18%
- Day range
- £100.84 – £100.98
- Assets
- £297.3M
- Domicile
- Ireland
- Holdings
- 122
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -0.23%
- 6 months
- +0.10%
- YTD
- -0.60%
- 1 year
- -0.34%
- 5 years
- +0.14%
Price change, excluding dividends.
Top 10 holdings
- 1Cash and Cash Equivalent5.0%
- 2MORGAN ST 2.625% 03/09/27/GBP/2.6%
- 3AMAZON.COM 5.2% 09/14/29/GBP/2.4%
- 4UNITED KI 4.125% 07/22/29/GBP/2.3%
- 5TORONTO-D 2.875% 04/05/27/GBP/2.2%
- 6CREDIT AGRIC V/R 11/29/27/GBP/2.0%
- 7BANK OF N 2.875% 05/03/27/GBP/2.0%
- 8HSBC HOLD 2.625% 08/16/28/GBP/1.9%
- 9BPCE SA 1.375% 12/23/26/GBP/1.9%
- 10SWEDBANK AB V/R 12/08/27/GBP/1.8%
JGST holds 122 securities in total. These 10 are 24.1% of the fund.
Where the money is invested
Countries
- United Kingdom34.3%
- United States19.8%
- France11.0%
- Canada9.9%
- Netherlands5.0%
- Sweden3.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JPSALSEJPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF | 0.18% | 978.6M |
| JGSALSEJPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF | 0.18% | 297.3M |
| JPSTLSEJPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF | 0.18% | 978.6M |
| JSETLSEJPMorgan ETFs (Ireland) ICAV - EUR Ultra-Short Income Active UCITS ETF | 0.18% | 1.4B |
Assets are shown in each fund's own reporting currency.
How to invest in JGST 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 JGST and buy
Find the fund by its ticker, JGST, on the London Stock Exchange ETF segment, and place your order.
Why invest in JGST from India
What JGST holds
This fund endeavors to generate ongoing earnings while simultaneously striving to preserve the investment's original value by minimizing price fluctuations.
Outside US estate tax
JGST 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 JGST's UCITS structure matters for Indian investors
JGST 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 JGST from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - Ultra-Short Active UCITS ETF (JGST) 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 JGST invest in?
JPMorgan ETFs Ireland ICAV - Ultra-Short Active UCITS ETF holds 122 securities. Its largest holdings are Cash and Cash Equivalent (5.0%), MORGAN ST 2.625% 03/09/27/GBP/ (2.6%) and AMAZON.COM 5.2% 09/14/29/GBP/ (2.4%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of JGST?
JPMorgan ETFs Ireland ICAV - Ultra-Short Active UCITS ETF has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about £297.3M.
Is JGST a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - Ultra-Short 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.
How are JGST dividends taxed in India?
JPMorgan ETFs Ireland ICAV - Ultra-Short Active UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell JGST?
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 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.