Singapore Exchange · ETF
Invest in O9P ETF from India
Indian and foreign residents can buy iShares Asia High Yield Bond Index ETF (O9P) units directly through Paasa.
By Paasa · Updated
O9P at a glance
- Price
- $6.57+$0.02 (0.31%)
- Expense ratio
- —
- Day range
- $6.52 – $6.57
- Assets
- —
- Domicile
- Singapore
- Holdings
- —
- Launched
- —
- Dividends
- Distributing
- 1 month
- +0.31%
- 6 months
- -2.09%
- YTD
- -1.79%
- 1 year
- -3.24%
- 5 years
- -25.17%
Price change, excluding dividends.
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| QL3SESiShares USD Asia High Yield Bond Index ETF | — | — |
Assets are shown in each fund's own reporting currency.
How to invest in O9P 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 O9P and buy
Find the fund by its ticker, O9P, on the Singapore Exchange, and place your order.
Why invest in O9P from India
What O9P holds
The investment objective of the USD Asia High Yield Bond ETF is to provide investment results that, before fees and expenses, closely correspond to the performance of the BAHY Index in US dollar terms. There can be no assurance that the USD Asia High Yield Bond ETF will achieve its investment objective.
Hold a dollar asset
O9P 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.
Frequently asked questions
Can I buy O9P from India?
Yes. Indian residents can buy iShares Asia High Yield Bond Index ETF (O9P) through Paasa. It is listed on the Singapore Exchange 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.
How are O9P dividends taxed in India?
iShares Asia High Yield Bond Index 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 O9P?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. 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 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.