London Stock Exchange ETF segment · UCITS ETF
Invest in SDUE ETF from India
Indian and foreign residents can buy iShares MSCI Europe Screened UCITS ETF (SDUE) units directly through Paasa.
By Paasa · Updated
SDUE at a glance
- Price
- £7.66+£0.04 (0.52%)
- Expense ratio
- 0.12%
- Day range
- £7.65 – £7.66
- Assets
- £413.6M
- Domicile
- Ireland
- Holdings
- 364
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -2.05%
- 6 months
- +11.01%
- YTD
- +6.54%
- 1 year
- +12.81%
- 5 years
- +40.04%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING5.6%
- 2HSBC HOLDINGS PLC2.9%
- 3ROCHE PS PAR AG2.5%
- 4NOVARTIS AG2.2%
- 5ASTRAZENECA PLC2.1%
- 6SIEMENS N AG1.9%
- 7SAP1.8%
- 8BANCO SANTANDER1.7%
- 9ALLIANZ1.5%
- 10SCHNEIDER ELECTRIC1.5%
SDUE holds 364 securities in total. These 10 are 23.6% of the fund.
Where the money is invested
Sectors
- Financial Services28.7%
- Industrials18.3%
- Healthcare14.3%
- Technology10.8%
- Basic Materials5.4%
- Consumer Cyclical5.2%
Countries
- United Kingdom19.3%
- Switzerland13.9%
- France13.9%
- Germany13.4%
- Netherlands10.9%
- Spain6.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SAEULSEiShares MSCI Europe Screened UCITS ETF EUR (Acc) | 0.12% | 4.1B |
| XEUMLSEXtrackers MSCI Europe Screened UCITS ETF 1C | 0.12% | 72.6M |
Assets are shown in each fund's own reporting currency.
How to invest in SDUE 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 GBP when you buy.
Step 3
Search SDUE and buy
Find the fund by its ticker, SDUE, on the London Stock Exchange ETF segment, and place your order.
Why invest in SDUE from India
What SDUE holds
The Fund aims to generate investment returns by combining capital appreciation and income from its holdings. Its goal is to closely track the performance of the MSCI Europe Screened Index, which serves as the Fund's benchmark.
Outside US estate tax
SDUE 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 SDUE's UCITS structure matters for Indian investors
SDUE 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 SDUE from India?
Yes. Indian residents can buy iShares MSCI Europe Screened UCITS ETF (SDUE) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 SDUE invest in?
iShares MSCI Europe Screened UCITS ETF holds 364 securities. Its largest holdings are ASML HOLDING (5.6%), HSBC HOLDINGS PLC (2.9%) and ROCHE PS PAR AG (2.5%). Financial Services is its largest sector at 28.7%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of SDUE?
iShares MSCI Europe Screened UCITS ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about £413.6M.
Is SDUE a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI Europe Screened 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 SDUE dividends taxed in India?
iShares MSCI Europe Screened 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 SDUE?
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 GBP/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.