London Stock Exchange ETF segment · UCITS ETF
Invest in JRDM ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - Global Emerging Markets Research Enhanced Index Equity Active UCITS ETF (JRDM) units directly through Paasa.
By Paasa · Updated
JRDM at a glance
- Price
- £34.82-£0.34 (0.97%)
- Expense ratio
- 0.3%
- Day range
- £34.82 – £35.11
- Assets
- £2.0B
- Domicile
- Ireland
- Holdings
- 386
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- +0.75%
- 6 months
- +21.39%
- YTD
- +25.69%
- 1 year
- +30.82%
- 5 years
- +38.78%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MAN /TWD/10.0%
- 2SAMSUNG ELECTRONICS CO L /KRW/8.7%
- 3SK HYNIX INC /KRW/6.1%
- 4TENCENT HOLDINGS LTD /HKD/3.0%
- 5MEDIATEK INC /TWD/2.2%
- 6ALIBABA GROUP HOLDING LT /HKD/1.9%
- 7CHINA CONSTRUCTION BANK- /HKD/1.0%
- 8DELTA ELECTRONICS INC /TWD/1.0%
- 9ASE TECHNOLOGY HOLDING C /TWD/0.9%
- 10PETROBRAS - PETROLEO BRA /BRL/0.9%
JRDM holds 386 securities in total. These 10 are 35.8% of the fund.
Where the money is invested
Sectors
- Technology41.2%
- Financial Services21.0%
- Consumer Cyclical9.2%
- Communication Services6.6%
- Basic Materials6.3%
- Industrials5.3%
Countries
- Taiwan (Province of China)27.1%
- Korea (the Republic of)21.9%
- China19.1%
- India10.3%
- Brazil4.6%
- South Africa3.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JREMLSEJPMorgan ETFs (Ireland) ICAV - Global Emerging Markets Research Enhanced Index Equity Active UCITS ETF | 0.3% | 2.7B |
Assets are shown in each fund's own reporting currency.
How to invest in JRDM 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 JRDM and buy
Find the fund by its ticker, JRDM, on the London Stock Exchange ETF segment, and place your order.
Why invest in JRDM from India
What JRDM holds
The Sub-Fund aims to achieve a long-term return in excess of MSCI Emerging Market Index (Total Return Net) (the Benchmark) by actively investing primarily in a portfolio of emerging market companies.
Outside US estate tax
JRDM 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 JRDM's UCITS structure matters for Indian investors
JRDM is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy JRDM from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - Global Emerging Markets Research Enhanced Index Equity Active UCITS ETF (JRDM) 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 JRDM invest in?
JPMorgan ETFs Ireland ICAV - Global Emerging Markets Research Enhanced Index Equity Active UCITS ETF holds 386 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MAN /TWD/ (10.0%), SAMSUNG ELECTRONICS CO L /KRW/ (8.7%) and SK HYNIX INC /KRW/ (6.1%). Technology is its largest sector at 41.2%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of JRDM?
JPMorgan ETFs Ireland ICAV - Global Emerging Markets Research Enhanced Index Equity Active UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about £2.0B.
Is JRDM a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - Global Emerging Markets Research Enhanced Index Equity 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. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are JRDM dividends taxed in India?
JPMorgan ETFs Ireland ICAV - Global Emerging Markets Research Enhanced Index Equity 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 JRDM?
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 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.