London Stock Exchange ETF segment · UCITS ETF
Invest in JHYP ETF from India
Indian and foreign residents can buy JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF (JHYP) units directly through Paasa.
By Paasa · Updated
JHYP at a glance
- Price
- £4.85-£0.00 (0.01%)
- Expense ratio
- 0.35%
- Day range
- £4.85 – £4.87
- Assets
- £468.3M
- Domicile
- Ireland
- Holdings
- 355
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- -2.63%
- 6 months
- -0.43%
- YTD
- -4.55%
- 1 year
- -2.63%
- 5 years
- -15.23%
Price change, excluding dividends.
Top 10 holdings
- 1Cash and Cash Equivalent2.0%
- 2CREDIT ACCEPTA 6.625% 03/15/301.0%
- 3BANK OF GEORGIA 6.5% 06/03/311.0%
- 4PAREX RESOURCES 8.5% 05/11/311.0%
- 5GESTAMP A 4.375% 10/15/30/EUR/1.0%
- 6ENDEAVOUR MINING P 7% 05/28/301.0%
- 7SLM CORP V/R 05/15/321.0%
- 8VOLCAN CIA MINER 8.5% 10/28/321.0%
- 9BELRON UK 4.625% 10/15/29/EUR/1.0%
- 10GOLDSTORY 6.75% 02/01/30/EUR/1.0%
JHYP holds 355 securities in total. These 10 are 10.8% of the fund.
Where the money is invested
Countries
- United States78.7%
- France4.3%
- United Kingdom4.0%
- Other2.4%
- Netherlands1.8%
- Luxembourg1.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JHYULSEJPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF - USD Hedged (acc) | 0.35% | 468.3M |
Assets are shown in each fund's own reporting currency.
How to invest in JHYP 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 JHYP and buy
Find the fund by its ticker, JHYP, on the London Stock Exchange ETF segment, and place your order.
Why invest in JHYP from India
What JHYP holds
The Sub-Fund aims to deliver superior long-term returns relative to its benchmark by actively investing, predominantly in a global portfolio of sub-investment grade corporate debt instruments.
Outside US estate tax
JHYP 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 JHYP's UCITS structure matters for Indian investors
JHYP 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 JHYP from India?
Yes. Indian residents can buy JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF (JHYP) 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 JHYP invest in?
JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF holds 355 securities. Its largest holdings are Cash and Cash Equivalent (2.0%), CREDIT ACCEPTA 6.625% 03/15/30 (1.0%) and BANK OF GEORGIA 6.5% 06/03/31 (1.0%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of JHYP?
JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about £468.3M.
Is JHYP a UCITS ETF, and why does that matter for Indian investors?
Yes. JPM Global High Yield Corporate Bond Multi-Factor 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 JHYP dividends taxed in India?
JPM Global High Yield Corporate Bond Multi-Factor 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 JHYP?
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.