SIX Swiss Exchange · UCITS ETF
Invest in SCWS ETF from India
Indian and foreign residents can buy iShares MSCI World SRI UCITS ETF (SCWS) units directly through Paasa.
By Paasa · Updated
SCWS at a glance
- Price
- CHF 7.74-CHF 0.01 (0.08%)
- Expense ratio
- 0.23%
- Day range
- CHF 7.73 – CHF 7.74
- Assets
- CHF 140.4M
- Domicile
- Ireland
- Holdings
- 356
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- -2.83%
- 6 months
- +14.93%
- YTD
- +7.58%
- 1 year
- +10.98%
- 5 years
- +26.80%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIANVDA8.9%
- 2TESLA INCTSLA4.0%
- 3ASML HOLDINGASML.AS3.7%
- 4VISA CLASS AV2.8%
- 5VERIZON COMMUNICATIONS INCVZ2.5%
- 6WALT DISNEYDIS2.3%
- 7LAM RESEARCHLRCX2.3%
- 8APPLIED MATERIAL INCAMAT2.2%
- 9PALO ALTO NETWORKSPANW1.9%
- 10COCA-COLAKO1.6%
SCWS holds 356 securities in total. These 10 are 32.2% of the fund.
Where the money is invested
Sectors
- Technology32.4%
- Financial Services17.1%
- Industrials10.4%
- Healthcare9.3%
- Consumer Cyclical8.9%
- Communication Services8.9%
Countries
- United States62.6%
- Japan7.9%
- Netherlands5.5%
- Switzerland4.3%
- Canada4.0%
- France2.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SUSWLSEiShares MSCI World SRI UCITS ETF | 0.2% | 7.1B |
| SUWSLSEiShares MSCI World SRI UCITS ETF | 0.2% | 1.8B |
| SGWSLSEiShares MSCI World SRI UCITS ETF | 0.23% | 108.3M |
Assets are shown in each fund's own reporting currency.
How to invest in SCWS 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 CHF when you buy.
Step 3
Search SCWS and buy
Find the fund by its ticker, SCWS, on the SIX Swiss Exchange, and place your order.
Why invest in SCWS from India
What SCWS holds
The primary goal of this Fund is to generate investment returns through a combination of asset value appreciation and income derived from its holdings. These returns are specifically designed to replicate the performance of its reference benchmark, the MSCI World SRI Select Reduced Fossil Fuel Index.
Outside US estate tax
SCWS 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 SCWS' UCITS structure matters for Indian investors
SCWS 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 SCWS from India?
Yes. Indian residents can buy iShares MSCI World SRI UCITS ETF (SCWS) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 SCWS invest in?
iShares MSCI World SRI UCITS ETF holds 356 securities. Its largest holdings are NVIDIA (8.9%), TESLA INC (4.0%) and ASML HOLDING (3.7%). Technology is its largest sector at 32.4%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of SCWS?
iShares MSCI World SRI UCITS ETF has an expense ratio of 0.23% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 140.4M.
Is SCWS a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI World SRI 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.
How are SCWS dividends taxed in India?
iShares MSCI World SRI 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 SCWS?
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 CHF/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.