XETRA · UCITS ETF
Invest in WTIF ETF from India
Indian and foreign residents can buy WisdomTree Japan Equity UCITS ETF (WTIF) units directly through Paasa.
By Paasa · Updated
WTIF at a glance
- Price
- €55.22-€0.40 (0.72%)
- Expense ratio
- 0.45%
- Day range
- €55.04 – €55.61
- Assets
- €915.3M
- Domicile
- Ireland
- Holdings
- 491
- Launched
- 2015
- Dividends
- Accumulating
- 1 month
- -2.18%
- 6 months
- +14.85%
- YTD
- +22.28%
- 1 year
- +35.68%
- 5 years
- +191.24%
Price change, excluding dividends.
Top 10 holdings
- 1Mitsubishi UFJ Financial Group6.2%
- 2Sumitomo Mitsui Financial Group4.1%
- 3Toyota Motor Corp3.9%
- 4Tokio Marine Holdings Inc3.3%
- 5Mizuho Financial Group Inc3.2%
- 6Mitsubishi Corp2.6%
- 7Nippon Telegraph & Telephone Corp2.5%
- 8Tokyo Electron Ltd2.4%
- 9Takeda Pharmaceutical Co Ltd2.1%
- 10Mitsui & Co Ltd1.9%
WTIF holds 491 securities in total. These 10 are 32.3% of the fund.
Where the money is invested
Sectors
- Industrials25.6%
- Financial Services21.8%
- Consumer Cyclical16.3%
- Technology13.7%
- Basic Materials7.0%
- Healthcare6.7%
Countries
- Japan99.8%
- Other0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DXJAMEXWisdomTree Japan Hedged Equity Fund | 0.48% | 7.0B |
| DXJZLSEWisdomTree Japan Equity UCITS ETF - USD Acc | 0.4% | 915.3M |
| LGJPLSEL&G Japan Equity UCITS ETF | 0.1% | 1.0B |
| DXJALSEWisdomTree Japan Equity UCITS ETF - USD Hedged Acc | 0.48% | 915.3M |
| DXJLSEWisdomTree Japan Equity UCITS ETF | 0.48% | 915.3M |
Assets are shown in each fund's own reporting currency.
How to invest in WTIF 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 WTIF and buy
Find the fund by its ticker, WTIF, on XETRA, and place your order.
Why invest in WTIF from India
What WTIF holds
This fund aims to replicate the price and income returns, prior to the deduction of costs, of the WisdomTree Japan EUR-Hedged Equity UCITS Index.
Outside US estate tax
WTIF 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 WTIF'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 WTIF's UCITS structure matters for Indian investors
WTIF 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 WTIF from India?
Yes. Indian residents can buy WisdomTree Japan Equity UCITS ETF (WTIF) 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 WTIF invest in?
WisdomTree Japan Equity UCITS ETF holds 491 securities. Its largest holdings are Mitsubishi UFJ Financial Group (6.2%), Sumitomo Mitsui Financial Group (4.1%) and Toyota Motor Corp (3.9%). Industrials is its largest sector at 25.6%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of WTIF?
WisdomTree Japan Equity UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about €915.3M.
Is WTIF a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Japan Equity 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.
Does WTIF pay dividends?
No. WisdomTree Japan Equity UCITS ETF 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 WTIF?
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.