London Stock Exchange ETF segment · ETF
Invest in CS1 ETF from India
Indian and foreign residents can buy Amundi IBEX 35 UCITS ETF (CS1) units directly through Paasa.
By Paasa · Updated
CS1 at a glance
- Price
- £435.25-£3.10 (0.71%)
- Expense ratio
- 0.3%
- Day range
- £434.80 – £439.15
- Assets
- £788.1M
- Domicile
- France
- Holdings
- 37
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -1.95%
- 6 months
- +17.79%
- YTD
- +13.41%
- 1 year
- +29.56%
- 5 years
- +167.88%
Price change, excluding dividends.
Top 10 holdings
- 1BANCO SANTANDER SA MADRIDSAN.MC18.2%
- 2BANCO BILBAO VIZCAYA ARGENTABBVA.MC13.8%
- 3IBERDROLA SAIBE.MC13.5%
- 4INDUSTRIA DE DISENO TEXTILITX.MC9.9%
- 5CAIXABANK SACABK.MC7.2%
- 6FERROVIAL SE MADRIDFER.AS3.5%
- 7REPSOL SAREP.MC3.4%
- 8AENA SME SAAENA.MC3.1%
- 9ACS ACTIVIDADES CONS Y SERVACS.MC2.6%
- 10AMADEUS IT GROUP SAAMS.MC2.3%
CS1 holds 37 securities in total. These 10 are 77.4% of the fund.
Where the money is invested
Sectors
- Financial Services43.9%
- Utilities18.2%
- Industrials13.3%
- Consumer Cyclical10.9%
- Technology3.6%
- Energy2.9%
Countries
- Spain92.5%
- Netherlands3.5%
- United Kingdom2.3%
- Luxembourg1.0%
- Other0.7%
How to invest in CS1 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 CS1 and buy
Find the fund by its ticker, CS1, on the London Stock Exchange ETF segment, and place your order.
Why invest in CS1 from India
What CS1 holds
The Amundi IBEX 35 UCITS ETF aims to replicate the returns of the IBEX 35 Net Return index, reflecting both gains and losses. This benchmark, which accounts for reinvested net dividends and is denominated in euros, represents Spain's primary stock market indicator.
Dividends reinvested for you
Dividends from CS1's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 CS1 from India?
Yes. Indian residents can buy Amundi IBEX 35 UCITS ETF (CS1) 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 CS1 invest in?
Amundi IBEX 35 UCITS ETF holds 37 securities. Its largest holdings are BANCO SANTANDER SA MADRID (18.2%), BANCO BILBAO VIZCAYA ARGENTA (13.8%) and IBERDROLA SA (13.5%). Financial Services is its largest sector at 43.9%. It is an accumulating fund domiciled in France.
What is the expense ratio of CS1?
Amundi IBEX 35 UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about £788.1M.
Does CS1 pay dividends?
No. Amundi IBEX 35 UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell CS1?
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.