London Stock Exchange ETF segment · UCITS ETF
Invest in SUAP ETF from India
Indian and foreign residents can buy iShares MSCI USA SRI UCITS ETF (SUAP) units directly through Paasa.
By Paasa · Updated
SUAP at a glance
- Price
- £7.82+£0.04 (0.48%)
- Expense ratio
- 0.23%
- Day range
- £7.82 – £7.82
- Assets
- £17.4M
- Domicile
- Ireland
- Holdings
- 147
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -2.65%
- 6 months
- +20.64%
- YTD
- +13.79%
- 1 year
- +15.47%
- 5 years
- +48.62%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA11.3%
- 2PALO ALTO NETWORKS3.8%
- 3VISA CLASS A3.8%
- 4LAM RESEARCH3.7%
- 5APPLIED MATERIAL INC3.6%
- 6WALT DISNEY3.3%
- 7TESLA INC3.3%
- 8VERIZON COMMUNICATIONS INC3.2%
- 9MARVELL TECHNOLOGY2.6%
- 10COCA-COLA2.3%
SUAP holds 147 securities in total. These 10 are 41.0% of the fund.
Where the money is invested
Sectors
- Technology39.0%
- Financial Services13.0%
- Healthcare10.2%
- Consumer Cyclical9.2%
- Communication Services8.9%
- Industrials8.3%
Countries
- United States95.4%
- Ireland3.0%
- Netherlands0.7%
- Uruguay0.4%
- Bermuda0.2%
- United Kingdom0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SUASLSEiShares MSCI USA SRI UCITS ETF | 0.2% | 3.3B |
| 3SURXETRAiShares MSCI USA SRI UCITS ETF | 0.23% | 255.0M |
| SRILAMSiShares MSCI USA SRI UCITS ETF | 0.2% | 343.7M |
Assets are shown in each fund's own reporting currency.
How to invest in SUAP 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 SUAP and buy
Find the fund by its ticker, SUAP, on the London Stock Exchange ETF segment, and place your order.
Why invest in SUAP from India
What SUAP holds
This fund's objective is to deliver investment returns, consisting of both appreciation in value and generated income, by mirroring the performance of its designated benchmark, the MSCI USA SRI Select Reduced Fossil Fuel Index.
Outside US estate tax
SUAP 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 SUAP's UCITS structure matters for Indian investors
SUAP 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 SUAP from India?
Yes. Indian residents can buy iShares MSCI USA SRI UCITS ETF (SUAP) 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 SUAP invest in?
iShares MSCI USA SRI UCITS ETF holds 147 securities. Its largest holdings are NVIDIA (11.3%), PALO ALTO NETWORKS (3.8%) and VISA CLASS A (3.8%). Technology is its largest sector at 39.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of SUAP?
iShares MSCI USA 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 £17.4M.
Is SUAP a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI USA 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 SUAP dividends taxed in India?
iShares MSCI USA 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 SUAP?
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.