London Stock Exchange ETF segment · UCITS ETF
Invest in JR15 ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - 1-5 yr IG Corporate Bond Active UCITS ETF (JR15) units directly through Paasa.
By Paasa · Updated
JR15 at a glance
- Price
- €108.55+€0.23 (0.21%)
- Expense ratio
- 0.04%
- Day range
- €108.48 – €108.55
- Assets
- €124.4M
- Domicile
- Ireland
- Holdings
- 178
- Launched
- 2018
- Dividends
- —
- 1 month
- -1.02%
- 6 months
- +0.60%
- YTD
- -0.40%
- 1 year
- +0.10%
- 5 years
- +4.91%
Price change, excluding dividends.
Top 10 holdings
- 1Cash and Cash Equivalent2.1%
- 2WELLS FARGO V/R 07/23/29/EUR/2.1%
- 3GOLDMAN SACH V/R 02/17/29/EUR/2.0%
- 4SOCIETE GENE V/R 05/14/30/EUR/1.7%
- 5UBS GROUP AG V/R 02/13/31/EUR/1.6%
- 6CENCORA I 2.875% 05/22/28/EUR/1.6%
- 7DEUTSCHE BAN V/R 06/16/29/EUR/1.6%
- 8UNICREDIT SP V/R 09/22/31/EUR/1.6%
- 9AMCOR UK FI 3.2% 11/17/29/EUR/1.6%
- 10WPC EUROBO 1.35% 04/15/28/EUR/1.5%
JR15 holds 178 securities in total. These 10 are 17.5% of the fund.
Where the money is invested
Countries
- United States19.7%
- United Kingdom14.7%
- Germany10.5%
- Spain8.5%
- France7.8%
- Netherlands7.0%
How to invest in JR15 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 EUR when you buy.
Step 3
Search JR15 and buy
Find the fund by its ticker, JR15, on the London Stock Exchange ETF segment, and place your order.
Why invest in JR15 from India
What JR15 holds
The Sub-Fund endeavors to deliver long-term returns superior to its benchmark, the Bloomberg Euro Corporate 1-5 Year Index. This is achieved through the active management of a portfolio primarily comprised of short-duration, high-credit-quality corporate debt instruments issued in Euros.
Outside US estate tax
JR15 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 JR15's UCITS structure matters for Indian investors
JR15 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 JR15 from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - 1-5 yr IG Corporate Bond Active UCITS ETF (JR15) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in EUR. 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 JR15 invest in?
JPMorgan ETFs Ireland ICAV - 1-5 yr IG Corporate Bond Active UCITS ETF holds 178 securities. Its largest holdings are Cash and Cash Equivalent (2.1%), WELLS FARGO V/R 07/23/29/EUR/ (2.1%) and GOLDMAN SACH V/R 02/17/29/EUR/ (2.0%). The fund is domiciled in Ireland.
What is the expense ratio of JR15?
JPMorgan ETFs Ireland ICAV - 1-5 yr IG Corporate Bond Active UCITS ETF has an expense ratio of 0.04% a year, taken from the fund's assets rather than billed to you. The fund manages about €124.4M.
Is JR15 a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - 1-5 yr IG Corporate Bond 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.
What tax do I pay in India when I sell JR15?
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 EUR/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.