London Stock Exchange ETF segment · UCITS ETF
Invest in JPSA ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - Ultra-Short Active UCITS ETF (JPSA) units directly through Paasa.
By Paasa · Updated
JPSA at a glance
- Price
- $126.19+$0.01 (0.01%)
- Expense ratio
- 0.18%
- Day range
- $126.14 – $126.23
- Assets
- $978.6M
- Domicile
- Ireland
- Holdings
- 440
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -0.03%
- 6 months
- +1.65%
- YTD
- +2.29%
- 1 year
- +3.50%
- 5 years
- +20.24%
Price change, excluding dividends.
Top 10 holdings
- 1US TREAS NTS 3.375% 02/29/283.2%
- 2Cash and Cash Equivalent3.0%
- 3COOPERAT RABOBANK V/R 01/14/282.9%
- 4CRH AMER FIN INC DISC 02/12/271.1%
- 5SUNCORP BK NORFI DISC 11/27/261.0%
- 6MIZUHO BK LTD 4.2% 03/24/271.0%
- 7HOME DEPOT INC 2.875% 04/15/271.0%
- 8ROCHE HOLDINGS 2.314% 03/10/271.0%
- 9FELLS POINT FU 3.046% 01/31/270.8%
- 10BANK OF AMERICA C V/R 04/27/280.7%
JPSA holds 440 securities in total. These 10 are 15.6% of the fund.
Where the money is invested
Countries
- United States51.0%
- Other27.2%
- Canada7.8%
- United Kingdom3.6%
- France3.1%
- Spain1.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JGSTLSEJPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF GBP | 0.18% | 297.2M |
| JGSALSEJPMorgan ETFs (Ireland) ICAV - GBP Ultra-Short Income Active UCITS ETF | 0.18% | 297.2M |
| JPSTLSEJPMorgan ETFs (Ireland) ICAV - USD Ultra-Short Income Active UCITS ETF | 0.18% | 980.4M |
| 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 JPSA 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 JPSA and buy
Find the fund by its ticker, JPSA, on the London Stock Exchange ETF segment, and place your order.
Why invest in JPSA from India
What JPSA holds
The fund seeks to produce steady income and is managed with the goal of preserving the stability of the invested capital.
Outside US estate tax
JPSA 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
JPSA 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 JPSA's UCITS structure matters for Indian investors
JPSA 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 JPSA from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - Ultra-Short Active UCITS ETF (JPSA) 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 JPSA invest in?
JPMorgan ETFs Ireland ICAV - Ultra-Short Active UCITS ETF holds 440 securities. Its largest holdings are US TREAS NTS 3.375% 02/29/28 (3.2%), Cash and Cash Equivalent (3.0%) and COOPERAT RABOBANK V/R 01/14/28 (2.9%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of JPSA?
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 $978.6M.
Is JPSA 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 JPSA 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 JPSA?
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.