XETRA · UCITS ETF
Invest in SXR0 ETF from India
Indian and foreign residents can buy iShares Edge MSCI World Minimum Volatility UCITS ETF Accum (SXR0) units directly through Paasa.
By Paasa · Updated
SXR0 at a glance
- Price
- €8.63+€0.03 (0.38%)
- Expense ratio
- 0.35%
- Day range
- €8.62 – €8.65
- Assets
- €154.7M
- Domicile
- Ireland
- Holdings
- 296
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- -3.40%
- 6 months
- +3.43%
- YTD
- +2.81%
- 1 year
- +3.55%
- 5 years
- +27.42%
Price change, excluding dividends.
Top 10 holdings
- 1JOHNSON & JOHNSON1.5%
- 2EXXONMOBIL HOLDINGS CORP1.5%
- 3MICROSOFT1.4%
- 4NVIDIA1.4%
- 5CISCO SYSTEMS INC1.3%
- 6DUKE ENERGY CORP1.3%
- 7MOTOROLA SOLUTIONS INC1.3%
- 8BERKSHIRE HATHAWAY INC CLASS B1.2%
- 9AT&T1.2%
- 10SOUTHERN1.2%
SXR0 holds 296 securities in total. These 10 are 13.4% of the fund.
Where the money is invested
Sectors
- Technology23.9%
- Healthcare14.4%
- Financial Services13.7%
- Consumer Defensive10.2%
- Communication Services10.1%
- Industrials9.0%
Countries
- United States63.6%
- Japan11.2%
- Switzerland4.0%
- Canada3.7%
- France2.2%
- United Kingdom1.7%
How to invest in SXR0 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 SXR0 and buy
Find the fund by its ticker, SXR0, on XETRA, and place your order.
Why invest in SXR0 from India
What SXR0 holds
The investment objective of the Fund is to provide investors with a total return, taking into account both capital and income returns, which reflects the return of the MSCI World Minimum Volatility Index.
Outside US estate tax
SXR0 is domiciled in Ireland, 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 SXR0'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 SXR0's UCITS structure matters for Indian investors
SXR0 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 SXR0 from India?
Yes. Indian residents can buy iShares Edge MSCI World Minimum Volatility UCITS ETF Accum (SXR0) 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 SXR0 invest in?
iShares Edge MSCI World Minimum Volatility UCITS ETF Accum holds 296 securities. Its largest holdings are JOHNSON & JOHNSON (1.5%), EXXONMOBIL HOLDINGS CORP (1.5%) and MICROSOFT (1.4%). Technology is its largest sector at 23.9%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of SXR0?
iShares Edge MSCI World Minimum Volatility UCITS ETF Accum has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about €154.7M.
Is SXR0 a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Edge MSCI World Minimum Volatility UCITS ETF Accum 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.
Does SXR0 pay dividends?
No. iShares Edge MSCI World Minimum Volatility UCITS ETF Accum 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 SXR0?
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 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.