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XETRA · UCITS ETF

Invest in T1EU ETF from India

Indian and foreign residents can buy Invesco US Treasury Bond 0-1 Year UCITS ETF (T1EU) units directly through Paasa.

By Paasa · Updated

T1EU at a glance

Price
€43.81-€0.05 (0.11%)
Expense ratio
0.1%
Day range
€43.81 – €43.82
Assets
€531.5M
Domicile
Ireland
Holdings
—
Launched
2020
Dividends
—
1 month
-0.09%
6 months
+0.81%
YTD
+1.11%
1 year
+1.72%
5 years
+7.67%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1US TSY N/B 1.5% 31/01/273.2%
  2. 2US TSY N/B 3.875% 31/03/273.1%
  3. 3US TSY N/B 4.25% 31/12/263.1%
  4. 4US TSY N/B 3.75% 30/06/273.0%
  5. 5US TSY N/B 3.75% 30/04/273.0%
  6. 6US TSY N/B 3.875% 31/07/273.0%
  7. 7US TSY N/B 4.125% 28/02/273.0%
  8. 8US TSY N/B 4.125% 31/10/262.9%
  9. 9US TSY N/B 3.625% 31/08/272.9%
  10. 10US TSY N/B 3.875% 31/05/272.8%

These 10 are 30.2% of the fund.

Where the money is invested

Countries

  • United States103.0%

Similar funds

FundExpense ratioAssets
TREILSEInvesco US Treasury Bond 0-1 Year UCITS ETF0.06%606.0M
TIGBLSEInvesco US Treasury Bond 0-1 Year UCITS ETF0.1%457.5M
TRIALSEInvesco US Treasury Bond 0-1 Year UCITS ETF0.06%606.0M

Assets are shown in each fund's own reporting currency.

How to invest in T1EU from India

  1. 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.

  2. 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.

  3. Step 3

    Search T1EU and buy

    Find the fund by its ticker, T1EU, on XETRA, and place your order.

Why invest in T1EU from India

What T1EU holds

The Invesco US Treasury Bond 0-1 Year UCITS ETF EUR Hdg Dist is designed to deliver the total return performance of the Bloomberg US Treasury Coupons Index (its benchmark), less applicable charges. This specific share class uses foreign exchange transactions to mitigate the impact of fluctuations between the US Dollar and the Euro.

Outside US estate tax

T1EU 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 T1EU's UCITS structure matters for Indian investors

T1EU 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.

See UCITS options

Frequently asked questions

Can I buy T1EU from India?

Yes. Indian residents can buy Invesco US Treasury Bond 0-1 Year UCITS ETF (T1EU) 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 T1EU invest in?

Its largest holdings are US TSY N/B 1.5% 31/01/27 (3.2%), US TSY N/B 3.875% 31/03/27 (3.1%) and US TSY N/B 4.25% 31/12/26 (3.1%). The fund is domiciled in Ireland.

What is the expense ratio of T1EU?

Invesco US Treasury Bond 0-1 Year UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about €531.5M.

Is T1EU a UCITS ETF, and why does that matter for Indian investors?

Yes. Invesco US Treasury Bond 0-1 Year 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 T1EU?

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.

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