London Stock Exchange ETF segment · ETF
Invest in CG1 ETF from India
Indian and foreign residents can buy Amundi ETF DAX UCITS ETF DR FCP (CG1) units directly through Paasa.
By Paasa · Updated
CG1 at a glance
- Price
- £381.70-£2.95 (0.77%)
- Expense ratio
- 0.1%
- Day range
- £381.70 – £381.71
- Assets
- £1.2B
- Domicile
- France
- Holdings
- 43
- Launched
- 2008
- Dividends
- —
- 1 month
- -5.06%
- 6 months
- +11.23%
- YTD
- +0.04%
- 1 year
- +3.55%
- 5 years
- +60.24%
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%
CG1 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
- Germany92.8%
- Netherlands7.0%
- Other0.3%
How to invest in CG1 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 GBP when you buy.
Step 3
Search CG1 and buy
Find the fund by its ticker, CG1, on the London Stock Exchange ETF segment, and place your order.
Why invest in CG1 from India
What CG1 holds
The Fund's management objective is to replicate as closely as possible the value of the DAX NET RETURN Index, whether the Index rises or falls.
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 CG1 from India?
Yes. Indian residents can buy Amundi ETF DAX UCITS ETF DR FCP (CG1) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 CG1 invest in?
Amundi ETF DAX UCITS ETF DR FCP 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%. The fund is domiciled in France.
What is the expense ratio of CG1?
Amundi ETF DAX UCITS ETF DR FCP has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.2B.
What tax do I pay in India when I sell CG1?
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 GBP/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.