Deka DAXplus Maximum Dividend UCITS ETF
Deka DAXplus Maximum Dividend UCITS ETF (XETRA: EL4X) is an exchange-traded fund listed on XETRA, trading at €54.77 (about ₹5,965 a unit) as of 30 Sep 2026, 7:13 AM ET. It has an expense ratio of 0.3%. Indian residents can buy EL4X through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€54.77
Today's high
€55.02
52 week low
€52.00
52 week high
€61.81
EL4X opened at €54.94, closed previously at €54.52, and has traded between €52.00 and €61.81 over the past 52 weeks.
About
The index's portfolio is composed of twenty entities: German publicly traded corporations and international businesses with their main operations based in Germany.
Key statistics
Expense ratio
0.3%
Assets (AUM)
€254.2M
Holdings
—
NAV
€54.54
Avg. volume
—
1-year price change
+2.57%
5-year price change
-16.37%
Price change excludes dividends.
Top 10 holdings
These 10 are 64.5% of the fund.
Where the money is invested
Sectors
Countries
How to buy EL4X from India
Indian residents can buy EL4X 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.
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.
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.
Search EL4X and buy
Find the fund by its ticker, EL4X, on XETRA, and place your order.
Read the full guide: how to invest in EL4X from India
Trading and taxes when buying EL4X from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the EL4X price today?
Deka DAXplus Maximum Dividend UCITS ETF (EL4X) last traded at €54.77 on XETRA, as of 30 Sep 2026, 7:13 AM ET. That is ₹5,965 a unit at the 29 Sep 2026 EUR/INR rate.
When does EL4X trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is EL4X, and what does it cost to hold?
Deka DAXplus Maximum Dividend UCITS ETF manages about €254.2M. Its expense ratio is 0.3% a year, deducted inside the fund. It launched in 2009.
What are EL4X's largest holdings?
The top three are VOLKSWAGEN AG-PREF (8.4%), DEUTSCHE LUFTHANSA-REG (7.9%) and DEUTSCHE BANK AG-REGISTERED (7.5%). EL4X's 10 largest positions make up 64.5% of the fund.
Does EL4X pay dividends?
Yes. EL4X is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on EL4X 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 EL4X performed?
EL4X's price is up 2.6% over the past year and down 16.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.