London Stock Exchange ETF segment · UCITS ETF
Invest in EGRA ETF from India
Indian and foreign residents can buy WisdomTree Eurozone Quality Dividend Growth UCITS ETF (EGRA) units directly through Paasa.
By Paasa · Updated
EGRA at a glance
- Price
- €28.24-€0.47 (1.64%)
- Expense ratio
- 0.29%
- Day range
- €28.23 – €28.73
- Assets
- €49.4M
- Domicile
- Ireland
- Holdings
- 93
- Launched
- 2016
- Dividends
- Accumulating
- 1 month
- -2.87%
- 6 months
- +9.06%
- YTD
- +5.51%
- 1 year
- +12.18%
- 5 years
- +19.79%
Price change, excluding dividends.
Top 10 holdings
- 1ASML Holding NV8.0%
- 2Banco Bilbao Vizcaya Argentaria SA7.3%
- 3ING Groep NV6.9%
- 4Industria de Diseno Textil5.1%
- 5Schneider Electric SA4.6%
- 6Deutsche Telekom AG4.1%
- 7Sap AG3.6%
- 8LVMH Moet Hennessy Louis Vuitton SE3.4%
- 9Erste Group Bank AG3.4%
- 10Daimler Truck Holding Ag3.3%
EGRA holds 93 securities in total. These 10 are 49.7% of the fund.
Where the money is invested
Sectors
- Industrials23.5%
- Consumer Cyclical21.9%
- Financial Services21.5%
- Technology18.1%
- Communication Services7.9%
- Healthcare2.8%
Countries
- Germany21.9%
- Netherlands21.1%
- France20.8%
- Spain15.2%
- Austria8.0%
- Italy5.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EGRWLSEWisdomTree Eurozone Quality Dividend Growth UCITS ETF - EUR | 0.29% | 49.4M |
Assets are shown in each fund's own reporting currency.
How to invest in EGRA 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 EGRA and buy
Find the fund by its ticker, EGRA, on the London Stock Exchange ETF segment, and place your order.
Why invest in EGRA from India
What EGRA holds
This investment vehicle aims to replicate the total returns, consisting of both capital growth and dividend distributions, generated by the WisdomTree Eurozone Quality Dividend Growth Index, before accounting for any associated fees and expenses.
Outside US estate tax
EGRA 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 EGRA'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 EGRA's UCITS structure matters for Indian investors
EGRA 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 EGRA from India?
Yes. Indian residents can buy WisdomTree Eurozone Quality Dividend Growth UCITS ETF (EGRA) through Paasa. It is listed on the London Stock Exchange ETF segment 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 EGRA invest in?
WisdomTree Eurozone Quality Dividend Growth UCITS ETF holds 93 securities. Its largest holdings are ASML Holding NV (8.0%), Banco Bilbao Vizcaya Argentaria SA (7.3%) and ING Groep NV (6.9%). Industrials is its largest sector at 23.5%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of EGRA?
WisdomTree Eurozone Quality Dividend Growth 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 €49.4M.
Is EGRA a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Eurozone Quality Dividend Growth 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 EGRA pay dividends?
No. WisdomTree Eurozone Quality Dividend Growth 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 EGRA?
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.