XETRA · UCITS ETF
Invest in C051 ETF from India
Indian and foreign residents can buy Amundi Euro Stoxx Select Dividend30 UCITS ETF (C051) units directly through Paasa.
By Paasa · Updated
C051 at a glance
- Price
- €51.31-€0.32 (0.62%)
- Expense ratio
- 0.25%
- Day range
- €51.14 – €51.88
- Assets
- €134.5M
- Domicile
- Luxembourg
- Holdings
- 32
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -3.19%
- 6 months
- +16.16%
- YTD
- +14.45%
- 1 year
- +16.40%
- 5 years
- +34.00%
Price change, excluding dividends.
Top 10 holdings
- 1ABN AMRO BANK NV-CVA5.7%
- 2OMV AG5.6%
- 3RANDSTAD NV5.3%
- 4ASR NEDERLAND NV4.6%
- 5NN GROUP NV4.4%
- 6SIGNIFY NV4.4%
- 7ING GROEP NV4.0%
- 8CREDIT AGRICOLE SA3.9%
- 9POSTE ITALIANE SPA3.8%
- 10AGEAS3.8%
C051 holds 32 securities in total. These 10 are 45.5% of the fund.
Where the money is invested
Sectors
- Financial Services49.7%
- Industrials16.9%
- Utilities7.9%
- Consumer Cyclical7.7%
- Communication Services5.8%
- Energy5.2%
Countries
- Netherlands29.6%
- France19.6%
- Germany15.6%
- Italy9.1%
- Belgium6.8%
- Spain6.3%
How to invest in C051 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 C051 and buy
Find the fund by its ticker, C051, on XETRA, and place your order.
Why invest in C051 from India
What C051 holds
This ETF's primary objective is to mirror the returns of the EURO STOXX Select Dividend 30 (Net Return) EUR Index with high fidelity, irrespective of market conditions. The fund targets a minimal divergence from the index, typically keeping its tracking error below 1%.
Outside US estate tax
C051 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 C051's UCITS structure matters for Indian investors
C051 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 C051 from India?
Yes. Indian residents can buy Amundi Euro Stoxx Select Dividend30 UCITS ETF (C051) 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 C051 invest in?
Amundi Euro Stoxx Select Dividend30 UCITS ETF holds 32 securities. Its largest holdings are ABN AMRO BANK NV-CVA (5.7%), OMV AG (5.6%) and RANDSTAD NV (5.3%). Financial Services is its largest sector at 49.7%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of C051?
Amundi Euro Stoxx Select Dividend30 UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €134.5M.
Is C051 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Euro Stoxx Select Dividend30 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 C051 dividends taxed in India?
Amundi Euro Stoxx Select Dividend30 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 C051?
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.