XETRA · UCITS ETF
Invest in C001 ETF from India
Indian and foreign residents can buy Amundi Core DAX UCITS ETF (C001) units directly through Paasa.
By Paasa · Updated
C001 at a glance
- Price
- €187.56-€1.46 (0.77%)
- Expense ratio
- 0.08%
- Day range
- €187.56 – €190.24
- Assets
- €1.5B
- Domicile
- Luxembourg
- Holdings
- 43
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- -5.15%
- 6 months
- +11.32%
- YTD
- +2.35%
- 1 year
- +3.07%
- 5 years
- +45.04%
Price change, excluding dividends.
Top 10 holdings
- 1SIEMENS AG-REG11.7%
- 2SAP SE / XETRA10.6%
- 3ALLIANZ SE-REG9.3%
- 4SIEMENS ENERGY AG7.0%
- 5AIRBUS SE-BERLIN6.5%
- 6DEUTSCHE TELEKOM NAMEN (XETRA)5.3%
- 7INFINEON TECHNOLOGIES AG4.2%
- 8MUENCHENER RUECKVER AG-REG3.7%
- 9DEUTSCHE BANK AG NAMEN3.5%
- 10DHL GROUP (XETRA)3.1%
C001 holds 43 securities in total. These 10 are 64.9% of the fund.
Where the money is invested
Sectors
- Industrials33.9%
- Financial Services21.8%
- Technology14.9%
- Healthcare6.4%
- Consumer Cyclical6.2%
- Communication Services5.8%
Countries
- Germany92.7%
- Netherlands7.0%
- Other0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EL4AXETRADeka DAX UCITS ETF | 0.15% | 1.9B |
| XDAXLSEXtrackers DAX UCITS ETF 1C | 0.09% | 6.1B |
Assets are shown in each fund's own reporting currency.
How to invest in C001 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 C001 and buy
Find the fund by its ticker, C001, on XETRA, and place your order.
Why invest in C001 from India
What C001 holds
The Amundi Core DAX UCITS ETF is designed to closely match the returns of the DAX Index, reflecting its movements whether the market is advancing or declining. A primary goal is to minimize any difference between the net asset value of the Sub-Fund and the performance of the Index.
Outside US estate tax
C001 is domiciled in Luxembourg, 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 C001's UCITS structure matters for Indian investors
C001 is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy C001 from India?
Yes. Indian residents can buy Amundi Core DAX UCITS ETF (C001) 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 C001 invest in?
Amundi Core DAX UCITS ETF holds 43 securities. Its largest holdings are SIEMENS AG-REG (11.7%), SAP SE / XETRA (10.6%) and ALLIANZ SE-REG (9.3%). Industrials is its largest sector at 33.9%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of C001?
Amundi Core DAX UCITS ETF has an expense ratio of 0.08% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.5B.
Is C001 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core DAX UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
How are C001 dividends taxed in India?
Amundi Core DAX UCITS ETF 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 C001?
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.