SIX Swiss Exchange · ETF
Invest in CHDVD ETF from India
Indian and foreign residents can buy iShares Swiss Dividend ETF CH (CHDVD) units directly through Paasa.
By Paasa · Updated
CHDVD at a glance
- Price
- CHF 187.22+CHF 0.24 (0.13%)
- Expense ratio
- 0.15%
- Day range
- CHF 187.22 – CHF 188.44
- Assets
- CHF 8.3B
- Domicile
- Switzerland
- Holdings
- 20
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -2.43%
- 6 months
- +7.33%
- YTD
- +3.61%
- 1 year
- +13.12%
- 5 years
- +22.29%
Price change, excluding dividends.
Top 10 holdings
- 1NOVARTIS AG15.8%
- 2ROCHE PS PAR AG15.0%
- 3NESTLE SA14.4%
- 4ZURICH INSURANCE GROUP AG14.4%
- 5SWISS RE AG10.6%
- 6HOLCIM LTD AG8.9%
- 7SWISS LIFE HOLDING AG5.8%
- 8SIKA AG3.8%
- 9GIVAUDAN SA3.4%
- 10HELVETIA BALOISE HOLDING N AG3.1%
CHDVD holds 20 securities in total. These 10 are 95.0% of the fund.
Where the money is invested
Sectors
- Financial Services35.7%
- Healthcare30.6%
- Basic Materials17.2%
- Consumer Defensive14.2%
- Industrials1.8%
- Utilities0.4%
Countries
- Switzerland98.5%
- Other1.5%
How to invest in CHDVD 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 CHF when you buy.
Step 3
Search CHDVD and buy
Find the fund by its ticker, CHDVD, on the SIX Swiss Exchange, and place your order.
Why invest in CHDVD from India
What CHDVD holds
This fund aims to replicate the performance of an index that comprises Swiss companies, specifically those with robust dividend yields and a commitment to maintaining a sustainable dividend policy.
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 CHDVD from India?
Yes. Indian residents can buy iShares Swiss Dividend ETF CH (CHDVD) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 CHDVD invest in?
iShares Swiss Dividend ETF CH holds 20 securities. Its largest holdings are NOVARTIS AG (15.8%), ROCHE PS PAR AG (15.0%) and NESTLE SA (14.4%). Financial Services is its largest sector at 35.7%. It is a distributing fund domiciled in Switzerland.
What is the expense ratio of CHDVD?
iShares Swiss Dividend ETF CH has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 8.3B.
How are CHDVD dividends taxed in India?
iShares Swiss Dividend ETF CH 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 CHDVD?
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 CHF/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.