London Stock Exchange ETF segment · UCITS ETF
Invest in R1GR ETF from India
Indian and foreign residents can buy iShares Russell 1000 Growth UCITS ETF (R1GR) units directly through Paasa.
By Paasa · Updated
R1GR at a glance
- Price
- $46.72-$0.32 (0.67%)
- Expense ratio
- 0.18%
- Day range
- $46.62 – $47.02
- Assets
- $1.3B
- Domicile
- Ireland
- Holdings
- 351
- Launched
- 2023
- Dividends
- —
- 1 month
- +0.83%
- 6 months
- +20.31%
- YTD
- +4.53%
- 1 year
- +8.19%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIANVDA15.3%
- 2APPLEAAPL7.7%
- 3ALPHABET CLASS AGOOGL5.8%
- 4MICROSOFTMSFT5.4%
- 5BROADCOM INCAVGO4.8%
- 6ALPHABET CLASS CGOOG4.7%
- 7META PLATFORMS CLASS AMETA4.1%
- 8MICRON TECHNOLOGYMU3.6%
- 9TESLA INCTSLA3.2%
- 10ADVANCED MICRO DEVICESAMD3.0%
R1GR holds 351 securities in total. These 10 are 57.7% of the fund.
Where the money is invested
Sectors
- Technology56.2%
- Communication Services16.4%
- Consumer Cyclical7.5%
- Industrials7.4%
- Healthcare5.4%
- Financial Services4.5%
Countries
- United States98.8%
- Ireland0.4%
- Sweden0.2%
- Brazil0.1%
- Cayman Islands0.1%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IWFAMEXiShares Russell 1000 Growth ETF | 0.18% | 128.2B |
| VONGNASDAQVanguard Russell 1000 Growth ETF | 0.06% | 54.3B |
Assets are shown in each fund's own reporting currency.
How to invest in R1GR 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 R1GR and buy
Find the fund by its ticker, R1GR, on the London Stock Exchange ETF segment, and place your order.
Why invest in R1GR from India
What R1GR holds
This Fund endeavors to deliver investor returns, encompassing both appreciation in asset value and generated income, by tracking the performance of its designated benchmark, the Russell 1000 Growth UCITS 30/18 Capped Net Tax 15% Index.
Outside US estate tax
R1GR 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
R1GR 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 R1GR's UCITS structure matters for Indian investors
R1GR 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 R1GR from India?
Yes. Indian residents can buy iShares Russell 1000 Growth UCITS ETF (R1GR) 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 R1GR invest in?
iShares Russell 1000 Growth UCITS ETF holds 351 securities. Its largest holdings are NVIDIA (15.3%), APPLE (7.7%) and ALPHABET CLASS A (5.8%). Technology is its largest sector at 56.2%. The fund is domiciled in Ireland.
What is the expense ratio of R1GR?
iShares Russell 1000 Growth UCITS ETF has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.3B.
Is R1GR a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Russell 1000 Growth 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 R1GR?
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.