XETRA · ETF
Invest in E960 ETF from India
Indian and foreign residents can buy Amundi STOXX Europe 600 ESG II UCITS ETF (E960) units directly through Paasa.
By Paasa · Updated
E960 at a glance
- Price
- €62.85+€0.09 (0.14%)
- Expense ratio
- 0.19%
- Day range
- €62.85 – €63.40
- Assets
- €648.6M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -2.95%
- 6 months
- +10.87%
- YTD
- +6.02%
- 1 year
- +14.07%
- 5 years
- +36.78%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NVASML.AS5.3%
- 2HSBC HOLDINGS PLCHSBA.L2.7%
- 3ROCHE HOLDING AG - GENUSSS CHFROP.SW2.4%
- 4NOVARTIS AG-REGNOVN.SW2.2%
- 5ASTRAZENECA GBPAZN.L2.0%
- 6NESTLE SA-REGNESN.SW1.9%
- 7SIEMENS AG-REGSIE.DE1.8%
- 8BANCO SANTANDER SA MADRIDSAN.MC1.7%
- 9SAP SE / XETRASAP.DE1.7%
- 10SCHNEIDER ELECT SESU.PA1.5%
These 10 are 23.4% of the fund.
Where the money is invested
Sectors
- Financial Services29.5%
- Industrials17.1%
- Healthcare13.2%
- Technology10.5%
- Consumer Cyclical7.7%
- Consumer Defensive7.4%
Countries
- United Kingdom18.9%
- Switzerland15.8%
- Germany13.9%
- France13.2%
- Netherlands10.1%
- Spain6.5%
How to invest in E960 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 E960 and buy
Find the fund by its ticker, E960, on XETRA, and place your order.
Why invest in E960 from India
What E960 holds
This Amundi ETF strives to accurately replicate the returns of the Stoxx Europe 600 ESG+ Index across all market conditions, whether advancing or declining. The Sub-Fund aims to maintain a tracking error against its benchmark that will generally not surpass 2%.
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 E960 from India?
Yes. Indian residents can buy Amundi STOXX Europe 600 ESG II UCITS ETF (E960) 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 E960 invest in?
Its largest holdings are ASML HOLDING NV (5.3%), HSBC HOLDINGS PLC (2.7%) and ROCHE HOLDING AG - GENUSSS CHF (2.4%). Financial Services is its largest sector at 29.5%. It is a distributing fund domiciled in Germany.
What is the expense ratio of E960?
Amundi STOXX Europe 600 ESG II UCITS ETF has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about €648.6M.
How are E960 dividends taxed in India?
Amundi STOXX Europe 600 ESG II 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 E960?
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.