XETRA · UCITS ETF
Invest in SEAB ETF from India
Indian and foreign residents can buy UBS J.P. Morgan EM Diversified Bond 1-5 UCITS ETF hEUR (SEAB) units directly through Paasa.
By Paasa · Updated
SEAB at a glance
- Price
- €12.68+€0.00 (0.02%)
- Expense ratio
- 0.38%
- Day range
- €12.67 – €12.68
- Assets
- €394.5M
- Domicile
- Luxembourg
- Holdings
- 847
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- -1.79%
- 6 months
- +0.55%
- YTD
- -0.09%
- 1 year
- +1.76%
- 5 years
- +3.76%
Price change, excluding dividends.
Top 10 holdings
- 1ARGENT 0 3/4 07/09/301.6%
- 2MEXPCP 5 1/2 08/17/300.7%
- 3POLAND 4 7/8 02/12/300.6%
- 4PERU 2.783 01/23/310.6%
- 5REPHUN 6 1/8 05/22/280.5%
- 6OMAN 5 5/8 01/17/280.5%
- 7PETMK 3 1/2 04/21/300.5%
- 8GHANA 5 07/03/290.5%
- 9OMAN 6 08/01/290.5%
- 10PHILIP 9.5 02/02/300.5%
SEAB holds 847 securities in total. These 10 are 6.5% of the fund.
Where the money is invested
Sectors
- Corporate53.9%
- Government43.6%
Countries
- Cayman Islands8.1%
- United Kingdom4.2%
- Hong Kong3.8%
- Mexico2.8%
- Indonesia2.8%
- Turkey2.8%
How to invest in SEAB 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 EUR when you buy.
Step 3
Search SEAB and buy
Find the fund by its ticker, SEAB, on XETRA, and place your order.
Why invest in SEAB from India
What SEAB holds
This sub-fund is designed to mirror the composition of its benchmark index. It achieves this by making direct investments in short-duration debt securities issued by qualifying sovereign, quasi-sovereign, and corporate entities within emerging markets, specifically those identified by the EMBI and CEMBI Indices.
Outside US estate tax
SEAB is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from SEAB's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 SEAB's UCITS structure matters for Indian investors
SEAB is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy SEAB from India?
Yes. Indian residents can buy UBS J.P. Morgan EM Diversified Bond 1-5 UCITS ETF hEUR (SEAB) through Paasa. It is listed on XETRA and trades in EUR. 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 SEAB invest in?
UBS J.P. Morgan EM Diversified Bond 1-5 UCITS ETF hEUR holds 847 securities. Its largest holdings are ARGENT 0 3/4 07/09/30 (1.6%), MEXPCP 5 1/2 08/17/30 (0.7%) and POLAND 4 7/8 02/12/30 (0.6%). Corporate is its largest sector at 53.9%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of SEAB?
UBS J.P. Morgan EM Diversified Bond 1-5 UCITS ETF hEUR has an expense ratio of 0.38% a year, taken from the fund's assets rather than billed to you. The fund manages about €394.5M.
Is SEAB a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS J.P. Morgan EM Diversified Bond 1-5 UCITS ETF hEUR is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does SEAB pay dividends?
No. UBS J.P. Morgan EM Diversified Bond 1-5 UCITS ETF hEUR 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 SEAB?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the EUR/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.