London Stock Exchange ETF segment · UCITS ETF
Invest in R1VL ETF from India
Indian and foreign residents can buy iShares Russell 1000 Value UCITS ETF (R1VL) units directly through Paasa.
By Paasa · Updated
R1VL at a glance
- Price
- $42.25+$0.28 (0.66%)
- Expense ratio
- 0.18%
- Day range
- $41.98 – $42.32
- Assets
- $1.2B
- Domicile
- Ireland
- Holdings
- 843
- Launched
- 2023
- Dividends
- —
- 1 month
- -3.12%
- 6 months
- +18.88%
- YTD
- +18.81%
- 1 year
- +25.26%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1APPLE6.1%
- 2AMAZON.COM INC5.9%
- 3MICROSOFT5.1%
- 4BERKSHIRE HATHAWAY INC CLASS B2.5%
- 5JPMORGAN CHASE & CO2.4%
- 6EXXONMOBIL HOLDINGS CORP1.8%
- 7JOHNSON & JOHNSON1.8%
- 8INTEL CORPORATION1.4%
- 9WALMART1.2%
- 10ABBVIE1.2%
R1VL holds 843 securities in total. These 10 are 29.5% of the fund.
Where the money is invested
Sectors
- Technology21.7%
- Financial Services18.1%
- Healthcare13.3%
- Consumer Cyclical10.3%
- Industrials9.5%
- Consumer Defensive7.2%
Countries
- United States98.8%
- Ireland0.4%
- Sweden0.2%
- Brazil0.1%
- Cayman Islands0.1%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IWDAMEXiShares Russell 1000 Value ETF | 0.18% | 81.6B |
| VONVNASDAQVanguard Russell 1000 Value ETF | 0.06% | 23.9B |
Assets are shown in each fund's own reporting currency.
How to invest in R1VL 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 R1VL and buy
Find the fund by its ticker, R1VL, on the London Stock Exchange ETF segment, and place your order.
Why invest in R1VL from India
What R1VL holds
This Fund's primary objective is to deliver investment returns, stemming from both an increase in the value of its holdings (capital growth) and the income they generate. Its performance is specifically engineered to closely track that of its designated benchmark, the Russell 1000 Value UCITS 30/18 Capped Net Tax 15% Index.
Outside US estate tax
R1VL 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
R1VL 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 R1VL's UCITS structure matters for Indian investors
R1VL 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 R1VL from India?
Yes. Indian residents can buy iShares Russell 1000 Value UCITS ETF (R1VL) 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 R1VL invest in?
iShares Russell 1000 Value UCITS ETF holds 843 securities. Its largest holdings are APPLE (6.1%), AMAZON.COM INC (5.9%) and MICROSOFT (5.1%). Technology is its largest sector at 21.7%. The fund is domiciled in Ireland.
What is the expense ratio of R1VL?
iShares Russell 1000 Value 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 $1.2B.
Is R1VL a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Russell 1000 Value 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 R1VL?
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.