London Stock Exchange ETF segment · UCITS ETF
Invest in JT13 ETF from India
Indian and foreign residents can buy UBS BBG Japan Gov 1-3 UCITS ETF (JT13) units directly through Paasa.
By Paasa · Updated
JT13 at a glance
- Price
- £5.55+£0.05 (0.85%)
- Expense ratio
- 0.15%
- Day range
- £5.52 – £5.56
- Assets
- £755.5M
- Domicile
- Luxembourg
- Holdings
- 44
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- +4.02%
- 6 months
- +1.95%
- YTD
- +0.82%
- 1 year
- -4.42%
- 5 years
- -52.84%
Price change, excluding dividends.
Top 10 holdings
- 1JGB 0.1 03/20/285.6%
- 2JGB 0.1 06/20/284.4%
- 3JGB 0.1 09/20/274.4%
- 4JGB 0.1 12/20/274.4%
- 5JGB 0.1 09/20/284.3%
- 6JGB 0.1 12/20/284.3%
- 7JGB 0.1 09/20/274.1%
- 8JGB 0.1 06/20/293.9%
- 9JGB 0.1 03/20/293.8%
- 10JGB 0.2 12/20/273.0%
JT13 holds 44 securities in total. These 10 are 42.2% of the fund.
Where the money is invested
Countries
- Japan99.9%
- Other0.1%
How to invest in JT13 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 JT13 and buy
Find the fund by its ticker, JT13, on the London Stock Exchange ETF segment, and place your order.
Why invest in JT13 from India
What JT13 holds
This sub-fund aims to mirror, before any charges, the capital growth and income generation of the Bloomberg Global Japan Treasury 1-3 Year Index (Total Return). This benchmark specifically comprises fixed-rate, JPY-denominated government debt from Japan, with maturities ranging from one year up to (but not including) three years.
Outside US estate tax
JT13 is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from JT13's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 JT13's UCITS structure matters for Indian investors
JT13 is domiciled in Luxembourg, 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 JT13 from India?
Yes. Indian residents can buy UBS BBG Japan Gov 1-3 UCITS ETF (JT13) 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 JT13 invest in?
UBS BBG Japan Gov 1-3 UCITS ETF holds 44 securities. Its largest holdings are JGB 0.1 03/20/28 (5.6%), JGB 0.1 06/20/28 (4.4%) and JGB 0.1 09/20/27 (4.4%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of JT13?
UBS BBG Japan Gov 1-3 UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about £755.5M.
Is JT13 a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS BBG Japan Gov 1-3 UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does JT13 pay dividends?
No. UBS BBG Japan Gov 1-3 UCITS 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 JT13?
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 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.