London Stock Exchange ETF segment · UCITS ETF
Invest in DFEP ETF from India
Indian and foreign residents can buy WisdomTree Europe SmallCap Dividend UCITS ETF (DFEP) units directly through Paasa.
By Paasa · Updated
DFEP at a glance
- Price
- £22.11+£0.07 (0.32%)
- Expense ratio
- 0.38%
- Day range
- £22.11 – £22.21
- Assets
- £73.5M
- Domicile
- Ireland
- Holdings
- 388
- Launched
- 2016
- Dividends
- Accumulating
- 1 month
- -0.82%
- 6 months
- +11.86%
- YTD
- +9.27%
- 1 year
- +13.52%
- 5 years
- +35.59%
Price change, excluding dividends.
Top 10 holdings
- 1Hoegh Autoliners Asa3.7%
- 2NOS SGPS SA1.6%
- 3Elecnor SA1.4%
- 4Odfjell Drilling Ltd1.3%
- 5Outokumpu OYJ1.3%
- 6Energean Plc1.2%
- 7REN - Redes Energeticas Nacion1.2%
- 8SpareBank 1 SMN1.0%
- 9Stolt-Nielsen Ltd1.0%
- 10Hammerson Plc0.9%
DFEP holds 388 securities in total. These 10 are 14.6% of the fund.
Where the money is invested
Sectors
- Industrials29.9%
- Consumer Cyclical14.5%
- Financial Services11.3%
- Technology7.8%
- Real Estate6.8%
- Basic Materials6.5%
Countries
- United Kingdom29.8%
- Sweden13.3%
- Norway12.3%
- France5.4%
- Germany5.1%
- Spain4.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DFEAMEXWisdomTree Europe SmallCap Dividend Fund | 0.58% | 165.1M |
| DFELSEWisdomTree Europe SmallCap Dividend UCITS ETF | 0.38% | 73.5M |
Assets are shown in each fund's own reporting currency.
How to invest in DFEP 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 DFEP and buy
Find the fund by its ticker, DFEP, on the London Stock Exchange ETF segment, and place your order.
Why invest in DFEP from India
What DFEP holds
This Fund's objective is to mirror the total returns, encompassing both capital growth and dividends, of the WisdomTree Europe SmallCap Dividend UCITS Index Euro, without accounting for management fees and operational costs.
Outside US estate tax
DFEP is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from DFEP'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.
Why DFEP's UCITS structure matters for Indian investors
DFEP is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy DFEP from India?
Yes. Indian residents can buy WisdomTree Europe SmallCap Dividend UCITS ETF (DFEP) 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 DFEP invest in?
WisdomTree Europe SmallCap Dividend UCITS ETF holds 388 securities. Its largest holdings are Hoegh Autoliners Asa (3.7%), NOS SGPS SA (1.6%) and Elecnor SA (1.4%). Industrials is its largest sector at 29.9%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of DFEP?
WisdomTree Europe SmallCap Dividend UCITS ETF has an expense ratio of 0.38% a year, taken from the fund's assets rather than billed to you. The fund manages about £73.5M.
Is DFEP a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Europe SmallCap Dividend UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Does DFEP pay dividends?
No. WisdomTree Europe SmallCap Dividend 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 DFEP?
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.