XETRA · ETF
Invest in ASR5 ETF from India
Indian and foreign residents can buy BNP Paribas Easy € Corp Bond SRI PAB 3-5Y (ASR5) units directly through Paasa.
By Paasa · Updated
ASR5 at a glance
- Price
- €8.98+€0.02 (0.20%)
- Expense ratio
- 0.15%
- Day range
- €8.97 – €8.99
- Assets
- €2.5B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -1.59%
- 6 months
- -2.45%
- YTD
- -3.80%
- 1 year
- -3.39%
- 5 years
- -10.33%
Price change, excluding dividends.
How to invest in ASR5 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 ASR5 and buy
Find the fund by its ticker, ASR5, on XETRA, and place your order.
Why invest in ASR5 from India
What ASR5 holds
Replicate the performance of the Bloomberg MSCI 3-5 Year Euro Corporate SRI Sustainable Select Ex Fossil Fuel PAB (NTR) Index (Bloomberg: I34794EU Index) including fluctuations, and maintain the tracking error between the subfund and the index below 1%.
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.
Frequently asked questions
Can I buy ASR5 from India?
Yes. Indian residents can buy BNP Paribas Easy € Corp Bond SRI PAB 3-5Y (ASR5) 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 is the expense ratio of ASR5?
BNP Paribas Easy € Corp Bond SRI PAB 3-5Y has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €2.5B.
How are ASR5 dividends taxed in India?
BNP Paribas Easy € Corp Bond SRI PAB 3-5Y is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell ASR5?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.