XETRA · UCITS ETF
Invest in PJS1 ETF from India
Indian and foreign residents can buy PIMCO Euro Short Maturity UCITS ETF (PJS1) units directly through Paasa.
By Paasa · Updated
PJS1 at a glance
- Price
- €97.24-€0.02 (0.02%)
- Expense ratio
- 0.35%
- Day range
- €97.22 – €97.26
- Assets
- €1.7B
- Domicile
- Ireland
- Holdings
- 316
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- -0.20%
- 6 months
- -0.15%
- YTD
- -0.70%
- 1 year
- -0.82%
- 5 years
- -2.19%
Price change, excluding dividends.
Top 10 holdings
- 1Other net assets (liabilities)49.5%
- 2ITALIAN BTP BOND 2.35% 01/15/20297.5%
- 3UK GILT 4.00% 05/22/20296.0%
- 4ITALIAN BTP BOND 2.40% 03/15/20292.1%
- 5EUROPEAN UNION EMTN 2.38% 07/12/20292.0%
- 6KFW SR UNSEC REGS 2.63% 04/26/20291.8%
- 7KUNTARAHOITUS OYJ 4.63% 02/01/20281.4%
- 8BNG BANK NV SR UNSEC REGS 4.50% 01/31/20281.4%
- 9SANTANDER UK PLC COV SEC 2.63% 04/12/20281.1%
- 10BANK OF AMERICA CORP SR UNSEC 3.65% 03/31/20290.9%
PJS1 holds 316 securities in total. These 10 are 73.6% of the fund.
Where the money is invested
Countries
- United Kingdom21.2%
- Italy13.7%
- United States9.8%
- Other9.4%
- Netherlands9.0%
- France8.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| PJSRXETRAPIMCO Euro Short Maturity UCITS ETF | 0.35% | 1.7B |
Assets are shown in each fund's own reporting currency.
How to invest in PJS1 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 PJS1 and buy
Find the fund by its ticker, PJS1, on XETRA, and place your order.
Why invest in PJS1 from India
What PJS1 holds
The PIMCO Euro Short Maturity UCITS ETF strives to generate consistent income for investors, while also prioritizing the safeguarding and appreciation of capital. Its primary investment focus is on a diversified portfolio of fixed-interest securities denominated in Euros.
Outside US estate tax
PJS1 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 PJS1's UCITS structure matters for Indian investors
PJS1 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 PJS1 from India?
Yes. Indian residents can buy PIMCO Euro Short Maturity UCITS ETF (PJS1) through Paasa. It is listed on XETRA 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 PJS1 invest in?
PIMCO Euro Short Maturity UCITS ETF holds 316 securities. Its largest holdings are Other net assets (liabilities) (49.5%), ITALIAN BTP BOND 2.35% 01/15/2029 (7.5%) and UK GILT 4.00% 05/22/2029 (6.0%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of PJS1?
PIMCO Euro Short Maturity UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.7B.
Is PJS1 a UCITS ETF, and why does that matter for Indian investors?
Yes. PIMCO Euro Short Maturity 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.
How are PJS1 dividends taxed in India?
PIMCO Euro Short Maturity 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 PJS1?
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.