Invesco STOXX Europe 600 Optimised Insurance UCITS ETF
Invesco STOXX Europe 600 Optimised Insurance UCITS ETF (XETRA: SC0Y) is an exchange-traded fund listed on XETRA, trading at €251.90 (about ₹27,435 a unit) as of 30 Sep 2026, 7:12 AM ET. It has an expense ratio of 0.2%. Indian residents can buy SC0Y through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€251.85
Today's high
€255.35
52 week low
€215.15
52 week high
€265.00
SC0Y opened at €255.25, closed previously at €253.90, and has traded between €215.15 and €265.00 over the past 52 weeks.
About
This ETF endeavors to replicate the net total return performance of the STOXX Europe 600 Optimised Insurance Index (referred to as the "Reference Index"), after accounting for associated fees. The Reference Index is crafted to offer a highly liquid tracking instrument for investors interested in companies within the STOXX Europe 600 Insurance Index, facilitating both long and short investment strategies. It encompasses businesses from seventeen distinct European countries: Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. The fund pursues its goal by maintaining a diversified portfolio of equities, which typically contributes the majority of its returns but generally does not mirror the precise constituents of the Reference Index. To bridge this gap, the fund also utilizes unfunded swap contracts. Through these agreements, one or more approved financial counterparties commit to exchanging with the fund any discrepancy between the returns generated by the Reference Index and the fund's underlying equity holdings. This approach aims to achieve a more accurate and steady correlation with the Reference Index's performance than could typically be attained through solely physical replication. This ETF operates under a passive management strategy. An investment in this fund represents the acquisition of units in a passively managed, index-tracking product, rather than direct ownership of the underlying assets held within the fund.
Key statistics
Expense ratio
0.2%
Assets (AUM)
€52.5M
Holdings
—
NAV
€255.20
Avg. volume
—
1-year price change
+11.86%
5-year price change
+108.08%
Price change excludes dividends.
Top 10 holdings
These 10 are 73.4% of the fund.
Where the money is invested
Countries
How to buy SC0Y from India
Indian residents can buy SC0Y 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 SC0Y and buy
Find the fund by its ticker, SC0Y, on XETRA, and place your order.
Read the full guide: how to invest in SC0Y from India
Trading and taxes when buying SC0Y 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the SC0Y price today?
Invesco STOXX Europe 600 Optimised Insurance UCITS ETF (SC0Y) last traded at €251.90 on XETRA, as of 30 Sep 2026, 7:12 AM ET. That is ₹27,435 a unit at the 29 Sep 2026 EUR/INR rate.
When does SC0Y 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 SC0Y, and what does it cost to hold?
Invesco STOXX Europe 600 Optimised Insurance UCITS ETF manages about €52.5M. Its expense ratio is 0.2% a year, deducted inside the fund. It launched in 2009.
Is SC0Y a UCITS ETF?
Yes. Invesco STOXX Europe 600 Optimised Insurance UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on XETRA and trades in EUR.
What are SC0Y's largest holdings?
The top three are ALLIANZ ORD (14.9%), ZURICH INSURANCE GROUP ORD (10.9%) and AXA ORD (10.5%). SC0Y's 10 largest positions make up 73.4% of the fund.
Is SC0Y subject to US estate tax?
No. Because SC0Y is domiciled in Ireland 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.
How are US dividends taxed inside SC0Y?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on SC0Y 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 SC0Y performed?
SC0Y's price is up 11.9% over the past year and up 108.1% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is SC0Y different from a US-listed ETF?
SC0Y is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.