NYSE Arca · ETF
Invest in SCJ ETF from India
Indian and foreign residents can buy iShares MSCI Japan Small- ETF (SCJ) units directly through Paasa.
By Paasa · Updated
SCJ at a glance
- Price
- $108.63-$1.33 (1.21%)
- Expense ratio
- 0.5%
- Day range
- $108.37 – $108.96
- Assets
- $241.7M
- Domicile
- the US
- Holdings
- 765
- Launched
- 2007
- Dividends
- Accumulating
- 1 month
- -0.46%
- 6 months
- +14.63%
- YTD
- +17.86%
- 1 year
- +17.69%
- 5 years
- +32.04%
Price change, excluding dividends.
Top 10 holdings
- 1ROHM0.7%
- 2SHIZUOKA FINANCIAL GROUP INC0.7%
- 3MEBUKI FINANCIAL GROUP INC0.7%
- 4FUKUOKA FINANCIAL GROUP0.6%
- 5NIPPON EXPRESS HOLDINGS0.5%
- 6NITERRA0.5%
- 7NGK0.5%
- 8SOJITZ CORP0.5%
- 9TAIYO YUDEN LTD0.5%
- 10KYOTO FINANCIAL GROUP0.5%
SCJ holds 765 securities in total. These 10 are 5.8% of the fund.
Where the money is invested
Sectors
- Industrials26.3%
- Consumer Cyclical15.6%
- Technology12.0%
- Financial Services11.9%
- Basic Materials9.5%
- Real Estate7.3%
Countries
- Japan100.0%
- United States0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IDJPLSEiShares MSCI Japan Small Cap UCITS ETF | 0.58% | 689.7M |
Assets are shown in each fund's own reporting currency.
How to invest in SCJ 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 SCJ and buy
Find the fund by its ticker, SCJ, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in SCJ from India
What SCJ holds
The iShares MSCI Japan Small-Cap ETF (SCJ) is designed to replicate the investment performance of a specific market benchmark. This index exclusively comprises shares of smaller Japanese companies.
Dividends reinvested for you
Dividends from SCJ's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
SCJ 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one SCJ unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy SCJ from India?
Yes. Indian residents can buy iShares MSCI Japan Small- ETF (SCJ) through Paasa. It is listed on NYSE Arca 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 SCJ invest in?
iShares MSCI Japan Small- ETF holds 765 securities. Its largest holdings are ROHM (0.7%), SHIZUOKA FINANCIAL GROUP INC (0.7%) and MEBUKI FINANCIAL GROUP INC (0.7%). Industrials is its largest sector at 26.3%. It is an accumulating fund domiciled in the US.
What is the expense ratio of SCJ?
iShares MSCI Japan Small- ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $241.7M.
Does SCJ pay dividends?
No. iShares MSCI Japan Small- ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell SCJ?
The US does not levy capital gains tax on shares for Indian residents. 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.
Can I buy a fraction of one SCJ unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $108.63, and there is no minimum trade size.
What happens to my SCJ units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.