XETRA · UCITS ETF
Invest in 5ESE ETF from India
Indian and foreign residents can buy Invesco S&P 500 Scored & Screened UCITS ETF (5ESE) units directly through Paasa.
By Paasa · Updated
5ESE at a glance
- Price
- €89.21+€0.56 (0.63%)
- Expense ratio
- 0.09%
- Day range
- €88.67 – €89.21
- Assets
- €3.8B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- -0.27%
- 6 months
- +19.28%
- YTD
- +10.89%
- 1 year
- +16.46%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA ORD12.9%
- 2MICROSOFT ORD8.8%
- 3ALPHABET CL A ORD4.8%
- 4ALPHABET CL C ORD3.8%
- 5MICRON TECHNOLOGY ORD2.6%
- 6ELI LILLY ORD2.2%
- 7VISA CL A ORD1.5%
- 8WALMART ORD1.2%
- 9INTEL ORD1.2%
- 10CISCO SYSTEMS ORD1.1%
These 10 are 39.9% of the fund.
Where the money is invested
Sectors
- Technology37.8%
- Financial Services13.2%
- Healthcare11.7%
- Communication Services11.1%
- Industrials8.0%
- Consumer Defensive4.9%
Countries
- United States96.8%
- Ireland1.9%
- United Kingdom0.7%
- Switzerland0.4%
- Netherlands0.1%
- Bermuda0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SNPEAMEXXtrackers S&P 500 Scored & Screened ETF | 0.1% | 2.8B |
| SPXELSEInvesco S&P 500 Scored & Screened UCITS ETF | 0.09% | 4.3B |
| CBUMXETRAiShares S&P 500 Scored and Screened UCITS ETF | 0.1% | 406.2M |
| S5SDLSEUBS S&P 500 Scored & Screened UCITS ETF USD | 0.1% | 325.9B |
| ESPXAMSiShares S&P 500 Scored and Screened UCITS ETF | 0.07% | 500.8M |
Assets are shown in each fund's own reporting currency.
How to invest in 5ESE 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 5ESE and buy
Find the fund by its ticker, 5ESE, on XETRA, and place your order.
Why invest in 5ESE from India
What 5ESE holds
The Fund is a passively managed Exchange-Traded Fund (ETF), which aims to track the total return performance of the S&P 500 ESG Index (the Index) less fees,expenses and transaction costs.
Outside US estate tax
5ESE is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 5ESE's UCITS structure matters for Indian investors
5ESE 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 5ESE from India?
Yes. Indian residents can buy Invesco S&P 500 Scored & Screened UCITS ETF (5ESE) 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 5ESE invest in?
Its largest holdings are NVIDIA ORD (12.9%), MICROSOFT ORD (8.8%) and ALPHABET CL A ORD (4.8%). Technology is its largest sector at 37.8%. The fund is domiciled in Ireland.
What is the expense ratio of 5ESE?
Invesco S&P 500 Scored & Screened UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about €3.8B.
Is 5ESE a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco S&P 500 Scored & Screened 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.
What tax do I pay in India when I sell 5ESE?
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.