XETRA · UCITS ETF
Invest in SECA ETF from India
Indian and foreign residents can buy iShares € Govt Bond Climate UCITS ETF (SECA) units directly through Paasa.
By Paasa · Updated
SECA at a glance
- Price
- €4.23+€0.00 (0.03%)
- Expense ratio
- 0.09%
- Day range
- €4.23 – €4.24
- Assets
- €2.6B
- Domicile
- Ireland
- Holdings
- 437
- Launched
- 2020
- Dividends
- —
- 1 month
- -2.11%
- 6 months
- -2.78%
- YTD
- -3.45%
- 1 year
- -3.01%
- 5 years
- -14.05%
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE (REPUBLIC OF) RegS 2.75% 02/25/2029 (FRTR)1.1%
- 2FRANCE (REPUBLIC OF) RegS 2.50% 05/25/2030 (FRTR)1.1%
- 3FRANCE (REPUBLIC OF) RegS 0.75% 05/25/2028 (FRTR)1.1%
- 4FRANCE (REPUBLIC OF) RegS 1.50% 05/25/2031 (FRTR)1.0%
- 5FRANCE (REPUBLIC OF) RegS 0.75% 11/25/2028 (FRTR)1.0%
- 6FRANCE (REPUBLIC OF) RegS 3.50% 11/25/2033 (FRTR)1.0%
- 7FRANCE (REPUBLIC OF) RegS 2.75% 02/25/2030 (FRTR)1.0%
- 8FRANCE (REPUBLIC OF) RegS 0.50% 05/25/2029 (FRTR)0.9%
- 9FRANCE (REPUBLIC OF) RegS 2.75% 10/25/2027 (FRTR)0.9%
- 10FRANCE (REPUBLIC OF) 2.70% 02/25/2031 (FRTR)0.9%
SECA holds 437 securities in total. These 10 are 9.9% of the fund.
Where the money is invested
Countries
- France29.5%
- Spain19.4%
- Italy17.2%
- Germany14.8%
- Austria6.4%
- Finland3.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SECDXETRAiShares € Govt Bond Climate UCITS ETF | 0.09% | 116.2M |
Assets are shown in each fund's own reporting currency.
How to invest in SECA 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 SECA and buy
Find the fund by its ticker, SECA, on XETRA, and place your order.
Why invest in SECA from India
What SECA holds
This ETF aims to mirror the returns of an index that has been adjusted for climate risk, providing exposure to high-quality government debt issued by Eurozone countries.
Outside US estate tax
SECA 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 SECA's UCITS structure matters for Indian investors
SECA is domiciled in Ireland, 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 SECA from India?
Yes. Indian residents can buy iShares € Govt Bond Climate UCITS ETF (SECA) 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 SECA invest in?
iShares € Govt Bond Climate UCITS ETF holds 437 securities. Its largest holdings are FRANCE (REPUBLIC OF) RegS 2.75% 02/25/2029 (FRTR) (1.1%), FRANCE (REPUBLIC OF) RegS 2.50% 05/25/2030 (FRTR) (1.1%) and FRANCE (REPUBLIC OF) RegS 0.75% 05/25/2028 (FRTR) (1.1%). The fund is domiciled in Ireland.
What is the expense ratio of SECA?
iShares € Govt Bond Climate UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about €2.6B.
Is SECA a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares € Govt Bond Climate 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.
What tax do I pay in India when I sell SECA?
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.