London Stock Exchange ETF segment · UCITS ETF
Invest in UFSD ETF from India
Indian and foreign residents can buy iShares STOXX USA Equity Multifactor UCITS ETF (UFSD) units directly through Paasa.
By Paasa · Updated
UFSD at a glance
- Price
- $11.56-$0.06 (0.49%)
- Expense ratio
- 0.2%
- Day range
- $11.56 – $11.64
- Assets
- $2.6M
- Domicile
- Ireland
- Holdings
- 270
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -1.78%
- 6 months
- +23.24%
- YTD
- +14.68%
- 1 year
- +17.72%
- 5 years
- +70.25%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA8.0%
- 2APPLE6.9%
- 3ALPHABET CLASS C5.0%
- 4MICROSOFT4.6%
- 5BROADCOM INC3.0%
- 6AMAZON.COM INC2.6%
- 7BANK OF NEW YORK MELLON CORP2.5%
- 8JPMORGAN CHASE & CO2.0%
- 9META PLATFORMS CLASS A1.8%
- 10GENERAL MOTORS1.6%
UFSD holds 270 securities in total. These 10 are 38.0% of the fund.
Where the money is invested
Sectors
- Technology40.1%
- Financial Services11.2%
- Consumer Cyclical10.2%
- Communication Services10.1%
- Healthcare9.7%
- Industrials5.9%
Countries
- United States94.7%
- Ireland3.0%
- Sweden0.6%
- Uruguay0.4%
- Bermuda0.4%
- Luxembourg0.3%
How to invest in UFSD 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 UFSD and buy
Find the fund by its ticker, UFSD, on the London Stock Exchange ETF segment, and place your order.
Why invest in UFSD from India
What UFSD holds
This iShares ETF, the STOXX USA Equity Multifactor UCITS, is designed to provide investors with a return. This return is achieved through a dual approach: growth in the value of its holdings and income generated from those assets.
Outside US estate tax
UFSD 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
UFSD 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 UFSD's UCITS structure matters for Indian investors
UFSD 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 UFSD from India?
Yes. Indian residents can buy iShares STOXX USA Equity Multifactor UCITS ETF (UFSD) through Paasa. It is listed on the London Stock Exchange ETF segment 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 UFSD invest in?
iShares STOXX USA Equity Multifactor UCITS ETF holds 270 securities. Its largest holdings are NVIDIA (8.0%), APPLE (6.9%) and ALPHABET CLASS C (5.0%). Technology is its largest sector at 40.1%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of UFSD?
iShares STOXX USA Equity Multifactor UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.6M.
Is UFSD a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares STOXX USA Equity Multifactor 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 UFSD dividends taxed in India?
iShares STOXX USA Equity Multifactor 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 UFSD?
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.