Paasa Logo
Amundi Stoxx Europe Defense Capitalisation -UCITS ETF Acc- logo
DEFSLSEMarket openCloses 4:30pm UK

Amundi Stoxx Europe Defense Capitalisation -UCITS ETF Acc-

$6.61Last updated
+$0.00 (0.06%)Past day
Timezone

Amundi Stoxx Europe Defense Capitalisation -UCITS ETF (LSE: DEFS) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $6.61 (about ₹635 a unit) as of 29 Sep 2026, 9:40 AM ET. It has an expense ratio of 0.35%. Indian residents can buy DEFS through Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$6.59
Previous close:$6.61
Volume:28.03K

Today's low

$6.54

Today's high

$6.62

52 week low

$5.97

52 week high

$7.80

DEFS opened at $6.59, closed previously at $6.61, and has traded between $5.97 and $7.80 over the past 52 weeks.

About

To track the performance of STOXX Europe Total Market Defense Capped Index (the Index), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index.

Issuer
Amundi
Exchange listed on
LSE
Asset class
Equity
Base currency
USD
Domicile
Luxembourg
Dividends
Accumulating
Launched
2025
ISIN
LU3038520774

Key statistics

Expense ratio

0.35%

Assets (AUM)

$622.4M

Holdings

—

NAV

$6.62

Avg. volume

—

1-year price change

-8.52%

5-year price change

—

Price change excludes dividends.

Top 10 holdings

1. SAFRAN SA
10.2%
2. ROLLS-ROYCE HOLDINGS PLC
10.1%
3. BAE SYSTEMS PLC GBP
10.0%
4. AIRBUS SE PARIS
9.6%
5. THALES SA
9.6%
6. RHEINMETALL ORD
9.5%
7. MTU AERO ENGINES AG
8.7%
8. LEONARDO SPA
8.6%
9. SAAB AB-B
7.9%
10. BABCOCK INTL GRP
2.5%

These 10 are 86.7% of the fund.

Where the money is invested

Countries

United Kingdom
25.4%
Germany
22.8%
France
22.6%
Netherlands
9.6%
Italy
9.1%
Sweden
8.7%

How to buy DEFS from India

Indian residents can buy DEFS units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.

  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. 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.

  3. Search DEFS and buy

    Find the fund by its ticker, DEFS, on the London Stock Exchange ETF segment, and place your order.

Read the full guide: how to invest in DEFS from India

Trading and taxes when buying DEFS from India

Trading and limits

Trading hours
8:00 am – 4:30 pm UK
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

FAQs

What is the DEFS price today?

Amundi Stoxx Europe Defense Capitalisation -UCITS ETF (DEFS) last traded at $6.61 on the London Stock Exchange ETF segment, as of 29 Sep 2026, 9:40 AM ET. That is ₹635 a unit at the 28 Sep 2026 USD/INR rate.

When does DEFS trade, in Indian time?

The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.

How big is DEFS, and what does it cost to hold?

Amundi Stoxx Europe Defense Capitalisation -UCITS ETF manages about $622.4M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2025.

Is DEFS a UCITS ETF?

Yes. Amundi Stoxx Europe Defense Capitalisation -UCITS ETF is a UCITS fund domiciled in Luxembourg, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in US dollars.

What are DEFS's largest holdings?

The top three are SAFRAN SA (10.2%), ROLLS-ROYCE HOLDINGS PLC (10.1%) and BAE SYSTEMS PLC GBP (10.0%). DEFS's 10 largest positions make up 86.7% of the fund.

Is DEFS subject to US estate tax?

No. Because DEFS is domiciled in Luxembourg rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.

Is DEFS accumulating or distributing?

Accumulating. 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.

How are gains on DEFS taxed in India?

Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.

How has DEFS performed?

DEFS' price is down 8.5% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.

How is DEFS different from a US-listed ETF?

DEFS is domiciled in Luxembourg rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.