London Stock Exchange ETF segment · UCITS ETF
Invest in JMBA ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - Emerging Markets Sovereign Bond UCITS ETF (JMBA) units directly through Paasa.
By Paasa · Updated
JMBA at a glance
- Price
- $115.46+$0.44 (0.38%)
- Expense ratio
- 0.39%
- Day range
- $115.14 – $115.14
- Assets
- $383.4M
- Domicile
- Ireland
- Holdings
- 308
- Launched
- 2018
- Dividends
- —
- 1 month
- -3.11%
- 6 months
- +1.48%
- YTD
- -1.65%
- 1 year
- +0.60%
- 5 years
- +4.88%
Price change, excluding dividends.
Top 10 holdings
- 1ARAB REPUBLIC 5.875% 02/16/311.8%
- 2DOMINICAN REPU 5.875% 01/30/601.3%
- 3REPUBLIC OF SOU 5.75% 09/30/491.3%
- 4FED REPUBLIC O 5.625% 02/21/471.3%
- 5DOMINICAN REPU 4.875% 09/23/321.3%
- 6REPUBLIC OF SOUT 4.3% 10/12/281.2%
- 7Cash and Cash Equivalent1.1%
- 8FED REPUBLIC O 4.625% 01/13/281.1%
- 9KINGDOM OF BAHR 6.75% 09/20/291.1%
- 10REPUBLIC OF GHAN S/UP 07/03/351.1%
JMBA holds 308 securities in total. These 10 are 12.6% of the fund.
Where the money is invested
Countries
- United States59.1%
- Other14.7%
- Egypt4.0%
- Angola2.4%
- Romania2.4%
- Cayman Islands2.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JPMBLSEJPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF | 0.39% | 383.4M |
| JMBEXETRAJPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF | 0.39% | 383.4M |
| JMBPLSEJPMorgan ETFs (Ireland) ICAV - USD Emerging Markets Sovereign Bond UCITS ETF | 0.39% | 383.4M |
Assets are shown in each fund's own reporting currency.
How to invest in JMBA 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 JMBA and buy
Find the fund by its ticker, JMBA, on the London Stock Exchange ETF segment, and place your order.
Why invest in JMBA from India
What JMBA holds
This Sub-Fund aims to capture the returns generated by US Dollar-denominated debt instruments. These fixed-income securities are issued by national governments or government-related bodies in developing economies across the globe.
Outside US estate tax
JMBA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
JMBA 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 JMBA's UCITS structure matters for Indian investors
JMBA 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 JMBA from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - Emerging Markets Sovereign Bond UCITS ETF (JMBA) 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 JMBA invest in?
JPMorgan ETFs Ireland ICAV - Emerging Markets Sovereign Bond UCITS ETF holds 308 securities. Its largest holdings are ARAB REPUBLIC 5.875% 02/16/31 (1.8%), DOMINICAN REPU 5.875% 01/30/60 (1.3%) and REPUBLIC OF SOU 5.75% 09/30/49 (1.3%). The fund is domiciled in Ireland.
What is the expense ratio of JMBA?
JPMorgan ETFs Ireland ICAV - Emerging Markets Sovereign Bond UCITS ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about $383.4M.
Is JMBA a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - Emerging Markets Sovereign Bond 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.
What tax do I pay in India when I sell JMBA?
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.