NYSE Arca · ETF
Invest in JPSE ETF from India
Indian and foreign residents can buy JPMorgan Diversified Return U.S. Small Equity ETF (JPSE) units directly through Paasa.
By Paasa · Updated
JPSE at a glance
- Price
- $57.18+$0.24 (0.42%)
- Expense ratio
- 0.29%
- Day range
- $56.81 – $57.29
- Assets
- $571.3M
- Domicile
- the US
- Holdings
- 548
- Launched
- 2016
- Dividends
- Accumulating
- 1 month
- -4.52%
- 6 months
- +9.48%
- YTD
- +13.14%
- 1 year
- +14.66%
- 5 years
- +28.99%
Price change, excluding dividends.
Top 10 holdings
- 110X GENOMICS INC COMMONTXG0.4%
- 2NUTEX HEALTH INC COMMONNUTX0.4%
- 3DIGI INTERNATIONAL INCDGII0.4%
- 4MATERION CORP COMMONMTRN0.3%
- 5LIGAND PHARMACEUTICALSLGND0.3%
- 6VITA COCO CO INC/THECOCO0.3%
- 7LTC PROPERTIES INC REITLTC0.3%
- 8DIAMONDROCK HOSPITALITYDRH0.3%
- 9APPLE HOSPITALITY REITAPLE0.3%
- 10TERRENO REALTY CORP REITTRNO0.3%
JPSE holds 548 securities in total. These 10 are 3.5% of the fund.
Where the money is invested
Sectors
- Real Estate14.1%
- Industrials11.3%
- Technology11.0%
- Financial Services10.5%
- Basic Materials10.2%
- Healthcare10.0%
Countries
- United States92.4%
- Bermuda2.9%
- Other0.9%
- Canada0.6%
- Ireland0.5%
- Monaco0.5%
How to invest in JPSE 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 JPSE and buy
Find the fund by its ticker, JPSE, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in JPSE from India
What JPSE holds
The JPMorgan Diversified Return U.S. Small Cap Equity ETF's investment strategy mandates that it allocates a minimum of 80% of its total assets to securities found within its designated underlying index. It's important to note that for this purpose, "assets" encompasses both the fund's net assets and any capital borrowed for investment activities.
Dividends reinvested for you
Dividends from JPSE's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
JPSE 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one JPSE unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy JPSE from India?
Yes. Indian residents can buy JPMorgan Diversified Return U.S. Small Equity ETF (JPSE) through Paasa. It is listed on NYSE Arca 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 JPSE invest in?
JPMorgan Diversified Return U.S. Small Equity ETF holds 548 securities. Its largest holdings are 10X GENOMICS INC COMMON (0.4%), NUTEX HEALTH INC COMMON (0.4%) and DIGI INTERNATIONAL INC (0.4%). Real Estate is its largest sector at 14.1%. It is an accumulating fund domiciled in the US.
What is the expense ratio of JPSE?
JPMorgan Diversified Return U.S. Small Equity ETF has an expense ratio of 0.29% a year, taken from the fund's assets rather than billed to you. The fund manages about $571.3M.
Does JPSE pay dividends?
No. JPMorgan Diversified Return U.S. Small Equity ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell JPSE?
The US does not levy capital gains tax on shares for Indian residents. 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 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.
Can I buy a fraction of one JPSE unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $57.18, and there is no minimum trade size.
What happens to my JPSE units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.