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XETRA · UCITS ETF

Invest in PJSR ETF from India

Indian and foreign residents can buy PIMCO Euro Short Maturity UCITS ETF (PJSR) units directly through Paasa.

By Paasa · Updated

PJSR at a glance

Price
€107.79+€0.01 (0.00%)
Expense ratio
0.35%
Day range
€107.79 – €107.83
Assets
€1.7B
Domicile
Ireland
Holdings
324
Launched
2015
Dividends
—
1 month
+0.01%
6 months
+1.33%
YTD
+1.46%
1 year
+2.09%
5 years
+10.37%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1Other net assets (liabilities)50.4%
  2. 2ITALIAN BTP BOND 2.35% 01/15/20297.5%
  3. 3UK GILT 4.00% 05/22/20296.0%
  4. 4ITALIAN BTP BOND 2.40% 03/15/20292.1%
  5. 5EUROPEAN UNION EMTN 2.38% 07/12/20292.0%
  6. 6KFW SR UNSEC REGS 2.63% 04/26/20291.8%
  7. 7KUNTARAHOITUS OYJ 4.63% 02/01/20281.4%
  8. 8BNG BANK NV SR UNSEC REGS 4.50% 01/31/20281.4%
  9. 9SANTANDER UK PLC COV SEC 2.63% 04/12/20281.1%
  10. 10BANK OF AMERICA CORP SR UNSEC 3.65% 03/31/20290.9%

PJSR holds 324 securities in total. These 10 are 74.4% of the fund.

Where the money is invested

Countries

  • Other56.2%
  • United Kingdom15.2%
  • Germany14.4%
  • Italy6.1%
  • France4.2%
  • United States1.2%

Similar funds

FundExpense ratioAssets
PJS1XETRAPIMCO Euro Short Maturity UCITS ETF0.35%1.7B

Assets are shown in each fund's own reporting currency.

How to invest in PJSR from India

  1. 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.

  2. 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.

  3. Step 3

    Search PJSR and buy

    Find the fund by its ticker, PJSR, on XETRA, and place your order.

Why invest in PJSR from India

What PJSR holds

The PIMCO Euro Short Maturity UCITS ETF aims to generate current income while simultaneously safeguarding and potentially enhancing capital. It primarily invests in a collection of fixed-income securities denominated in Euros, with the portfolio's average duration maintained within a concise range of 0 to 1 year.

Outside US estate tax

PJSR 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 PJSR's UCITS structure matters for Indian investors

PJSR 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.

See UCITS options

Frequently asked questions

Can I buy PJSR from India?

Yes. Indian residents can buy PIMCO Euro Short Maturity UCITS ETF (PJSR) 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 PJSR invest in?

PIMCO Euro Short Maturity UCITS ETF holds 324 securities. Its largest holdings are Other net assets (liabilities) (50.4%), ITALIAN BTP BOND 2.35% 01/15/2029 (7.5%) and UK GILT 4.00% 05/22/2029 (6.0%). The fund is domiciled in Ireland.

What is the expense ratio of PJSR?

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 PJSR 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.

What tax do I pay in India when I sell PJSR?

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.

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