London Stock Exchange ETF segment · UCITS ETF
Invest in EEIP ETF from India
Indian and foreign residents can buy WisdomTree Europe Equity UCITS ETF (EEIP) units directly through Paasa.
By Paasa · Updated
EEIP at a glance
- Price
- £24.52+£0.10 (0.40%)
- Expense ratio
- 0.29%
- Day range
- £24.40 – £24.54
- Assets
- £203.3M
- Domicile
- Ireland
- Holdings
- 252
- Launched
- 2016
- Dividends
- Accumulating
- 1 month
- +3.35%
- 6 months
- +5.13%
- YTD
- +17.16%
- 1 year
- +20.33%
- 5 years
- +85.85%
Price change, excluding dividends.
Top 10 holdings
- 1TotalEnergies4.7%
- 2Allianz SE3.9%
- 3Intesa Sanpaolo SpA3.5%
- 4Sanofi SA3.3%
- 5Novo Nordisk A/S-B3.3%
- 6Enel SpA3.1%
- 7BP PLC2.7%
- 8Zurich Insurance Group Ag2.6%
- 9Rio Tinto Plc2.6%
- 10Axa Sa2.5%
EEIP holds 252 securities in total. These 10 are 32.2% of the fund.
Where the money is invested
Sectors
- Financial Services24.4%
- Energy16.6%
- Utilities14.6%
- Industrials13.1%
- Healthcare7.6%
- Basic Materials6.8%
Countries
- France25.0%
- United Kingdom16.0%
- Italy14.9%
- Germany10.4%
- Sweden6.3%
- Norway5.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEVAMEXiShares Europe ETF | 0.6% | 1.6B |
| HEDJAMEXWisdomTree Europe Hedged Equity Fund | 0.58% | 1.8B |
| HEDKLSEWisdomTree Europe Equity UCITS ETF - USD Hedged Acc | 0.58% | 133.5M |
| EEILSEWisdomTree Europe Equity Income UCITS ETF | 0.29% | 203.3M |
| HEDFLSEWisdomTree Europe Equity UCITS ETF - EUR Acc | 0.32% | 133.5M |
Assets are shown in each fund's own reporting currency.
How to invest in EEIP 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 EEIP and buy
Find the fund by its ticker, EEIP, on the London Stock Exchange ETF segment, and place your order.
Why invest in EEIP from India
What EEIP holds
This Fund's objective is to precisely mirror the overall financial returns, including both capital growth and income generated, of the WisdomTree Europe Equity Income Index EUR, prior to the deduction of any fees or expenses.
Outside US estate tax
EEIP 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 EEIP'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 EEIP's UCITS structure matters for Indian investors
EEIP 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 EEIP from India?
Yes. Indian residents can buy WisdomTree Europe Equity UCITS ETF (EEIP) 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 EEIP invest in?
WisdomTree Europe Equity UCITS ETF holds 252 securities. Its largest holdings are TotalEnergies (4.7%), Allianz SE (3.9%) and Intesa Sanpaolo SpA (3.5%). Financial Services is its largest sector at 24.4%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of EEIP?
WisdomTree Europe Equity UCITS ETF has an expense ratio of 0.29% a year, taken from the fund's assets rather than billed to you. The fund manages about £203.3M.
Is EEIP a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Europe Equity 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 EEIP pay dividends?
No. WisdomTree Europe Equity 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 EEIP?
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.