London Stock Exchange ETF segment · UCITS ETF
Invest in JREJ ETF from India
Indian and foreign residents can buy JPMorgan ETFs Ireland ICAV - Japan Research Enhanced Index Equity Active UCITS ETF (JREJ) units directly through Paasa.
By Paasa · Updated
JREJ at a glance
- Price
- $43.18-$0.17 (0.38%)
- Expense ratio
- 0.25%
- Day range
- $43.14 – $43.32
- Assets
- $904.3M
- Domicile
- Ireland
- Holdings
- 119
- Launched
- 2022
- Dividends
- —
- 1 month
- +0.37%
- 6 months
- +18.33%
- YTD
- +19.55%
- 1 year
- +25.20%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL /JPY/8306.T5.4%
- 2TOYOTA MOTOR CORP /JPY/7203.T3.6%
- 3TOKYO ELECTRON LTD /JPY/8035.T3.4%
- 4SUMITOMO MITSUI FINANCIA /JPY/8316.T3.4%
- 5ADVANTEST CORP /JPY/6857.T3.2%
- 6HITACHI LTD /JPY/6501.T3.2%
- 7SONY GROUP CORP /JPY/6758.T3.1%
- 8RECRUIT HOLDINGS CO LTD /JPY/6098.T3.0%
- 9KIOXIA HOLDINGS CORP /JPY/285A.T2.7%
- 10SOFTBANK GROUP CORP /JPY/9984.T2.7%
JREJ holds 119 securities in total. These 10 are 33.5% of the fund.
Where the money is invested
Sectors
- Technology22.1%
- Industrials21.9%
- Financial Services19.3%
- Consumer Cyclical12.1%
- Communication Services9.6%
- Healthcare5.8%
Countries
- Japan100.0%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| JREILSEJPMorgan ETFs (Ireland) ICAV - Japan Research Enhanced Index Equity Active UCITS ETF | 0.25% | 904.3M |
Assets are shown in each fund's own reporting currency.
How to invest in JREJ 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 JREJ and buy
Find the fund by its ticker, JREJ, on the London Stock Exchange ETF segment, and place your order.
Why invest in JREJ from India
What JREJ holds
This exchange-traded fund (ETF) endeavors to deliver superior long-term investment growth, specifically targeting performance that surpasses its benchmark, the MSCI Japan Index (Total Return Net). It seeks to achieve this by employing an active management strategy, primarily allocating capital to a curated selection of Japanese companies.
Outside US estate tax
JREJ 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
JREJ 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 JREJ's UCITS structure matters for Indian investors
JREJ 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 JREJ from India?
Yes. Indian residents can buy JPMorgan ETFs Ireland ICAV - Japan Research Enhanced Index Equity Active UCITS ETF (JREJ) 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 JREJ invest in?
JPMorgan ETFs Ireland ICAV - Japan Research Enhanced Index Equity Active UCITS ETF holds 119 securities. Its largest holdings are MITSUBISHI UFJ FINANCIAL /JPY/ (5.4%), TOYOTA MOTOR CORP /JPY/ (3.6%) and TOKYO ELECTRON LTD /JPY/ (3.4%). Technology is its largest sector at 22.1%. The fund is domiciled in Ireland.
What is the expense ratio of JREJ?
JPMorgan ETFs Ireland ICAV - Japan Research Enhanced Index Equity Active UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about $904.3M.
Is JREJ a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMorgan ETFs Ireland ICAV - Japan 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.
What tax do I pay in India when I sell JREJ?
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.