Euronext Amsterdam · UCITS ETF
Invest in WCDS ETF from India
Indian and foreign residents can buy iShares MSCI World Consumer Discretionary Sector Advanced UCITS ETF (WCDS) units directly through Paasa.
By Paasa · Updated
WCDS at a glance
- Price
- $8.38+$0.04 (0.52%)
- Expense ratio
- 0.18%
- Day range
- $8.38 – $8.39
- Assets
- $109.0M
- Domicile
- Ireland
- Holdings
- 114
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -5.63%
- 6 months
- +6.54%
- YTD
- -7.85%
- 1 year
- -6.93%
- 5 years
- +6.97%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON.COM INC31.1%
- 2TESLA INC13.4%
- 3HOME DEPOT4.3%
- 4TOYOTA MOTOR2.7%
- 5SONY GROUP2.2%
- 6LOWES COMPANIES INC2.2%
- 7BOOKING HOLDINGS1.5%
- 8STARBUCKS CORP1.4%
- 9LVMH1.3%
- 10BRIDGESTONE1.3%
WCDS holds 114 securities in total. These 10 are 61.6% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical94.6%
- Technology5.0%
- Communication Services0.2%
- Consumer Defensive0.2%
- Industrials0.1%
Countries
- United States70.4%
- Japan12.6%
- France2.9%
- Australia2.4%
- United Kingdom2.4%
- Spain2.3%
How to invest in WCDS 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 WCDS and buy
Find the fund by its ticker, WCDS, on Euronext Amsterdam, and place your order.
Why invest in WCDS from India
What WCDS holds
This investment product seeks to deliver a full return to investors, generated by both an increase in the value of its holdings and the income those holdings produce. Its financial performance is designed to mirror that of the MSCI World Consumer Discretionary Advanced Select 20 35 Capped Index.
Outside US estate tax
WCDS 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
WCDS 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 WCDS' UCITS structure matters for Indian investors
WCDS 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 WCDS from India?
Yes. Indian residents can buy iShares MSCI World Consumer Discretionary Sector Advanced UCITS ETF (WCDS) 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 WCDS invest in?
iShares MSCI World Consumer Discretionary Sector Advanced UCITS ETF holds 114 securities. Its largest holdings are AMAZON.COM INC (31.1%), TESLA INC (13.4%) and HOME DEPOT (4.3%). Consumer Cyclical is its largest sector at 94.6%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of WCDS?
iShares MSCI World Consumer Discretionary Sector Advanced UCITS ETF has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about $109.0M.
Is WCDS a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares MSCI World Consumer Discretionary Sector Advanced 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 WCDS dividends taxed in India?
iShares MSCI World Consumer Discretionary Sector Advanced 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 WCDS?
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.