Euronext Amsterdam · UCITS ETF
Invest in SJPD ETF from India
Indian and foreign residents can buy iShares Core MSCI Japan IMI UCITS ETF (SJPD) units directly through Paasa.
By Paasa · Updated
SJPD at a glance
- Price
- $8.51-$0.05 (0.62%)
- Expense ratio
- 0.12%
- Day range
- $8.51 – $8.53
- Assets
- $65.1M
- Domicile
- Ireland
- Holdings
- 928
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -5.74%
- 6 months
- -1.89%
- YTD
- +11.81%
- 1 year
- +12.55%
- 5 years
- +35.06%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GROUP3.7%
- 2TOYOTA MOTOR3.2%
- 3SONY GROUP2.4%
- 4SUMITOMO MITSUI FINANCIAL GROUP2.4%
- 5RECRUIT HOLDINGS2.3%
- 6ADVANTEST2.3%
- 7HITACHI2.2%
- 8TOKYO ELECTRON2.0%
- 9MIZUHO FINANCIAL GROUP1.9%
- 10MITSUBISHI1.6%
SJPD holds 928 securities in total. These 10 are 24.0% of the fund.
Where the money is invested
Sectors
- Industrials24.1%
- Financials17.7%
- Consumer Discretionary16.1%
- Information Technology14.6%
- Communication5.8%
- Health Care5.7%
Countries
- Japan100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IJPALSEiShares Core MSCI Japan IMI UCITS ETF | 0.12% | 8.0B |
| SJPEAMSiShares Core MSCI Japan IMI UCITS ETF | 0.17% | 127.1M |
Assets are shown in each fund's own reporting currency.
How to invest in SJPD 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 SJPD and buy
Find the fund by its ticker, SJPD, on Euronext Amsterdam, and place your order.
Why invest in SJPD from India
What SJPD holds
This ETF is designed to replicate the returns of an index that encompasses a broad spectrum of Japanese enterprises, including those with large, medium, and small market capitalizations.
Outside US estate tax
SJPD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
SJPD 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.
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 SJPD's UCITS structure matters for Indian investors
SJPD 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 SJPD from India?
Yes. Indian residents can buy iShares Core MSCI Japan IMI UCITS ETF (SJPD) through Paasa. It is listed on Euronext Amsterdam 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 SJPD invest in?
iShares Core MSCI Japan IMI UCITS ETF holds 928 securities. Its largest holdings are MITSUBISHI UFJ FINANCIAL GROUP (3.7%), TOYOTA MOTOR (3.2%) and SONY GROUP (2.4%). Industrials is its largest sector at 24.1%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of SJPD?
iShares Core MSCI Japan IMI 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 $65.1M.
Is SJPD a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Core MSCI Japan IMI 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 SJPD dividends taxed in India?
iShares Core MSCI Japan IMI 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 SJPD?
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.