XETRA · UCITS ETF
Invest in EGV1 ETF from India
Indian and foreign residents can buy Amundi STOXX Europe 600 Insurance UCITS ETF (EGV1) units directly through Paasa.
By Paasa · Updated
EGV1 at a glance
- Price
- €107.86-€1.50 (1.37%)
- Expense ratio
- 0.3%
- Day range
- €107.86 – €109.78
- Assets
- €159.7M
- Domicile
- Luxembourg
- Holdings
- 36
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -4.45%
- 6 months
- +11.12%
- YTD
- +5.91%
- 1 year
- +6.67%
- 5 years
- +73.02%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV9.0%
- 2NN GROUP NV8.7%
- 3FLATEXDEGIRO SE6.5%
- 4AGEAS6.0%
- 5TALANX AG4.5%
- 6LINDE PLC4.5%
- 7SAMPO OYJ-A SHS4.4%
- 8ING GROEP NV4.3%
- 9ASM INTERNATIONAL NV4.3%
- 10JYSKE BANK-REG4.3%
EGV1 holds 36 securities in total. These 10 are 56.6% of the fund.
Where the money is invested
Sectors
- Financial Services47.1%
- Technology26.3%
- Industrials9.8%
- Healthcare7.5%
- Basic Materials4.9%
- Consumer Cyclical4.4%
Countries
- Netherlands33.2%
- Germany19.4%
- United States11.5%
- Denmark9.9%
- Belgium6.0%
- Finland5.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LIRUXETRAAmundi STOXX Europe 600 Insurance UCITS ETF Acc | 0.3% | 170.6M |
Assets are shown in each fund's own reporting currency.
How to invest in EGV1 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 EGV1 and buy
Find the fund by its ticker, EGV1, on XETRA, and place your order.
Why invest in EGV1 from India
What EGV1 holds
The objective of this Sub-Fund is to track the performance of STOXX Europe 600 Insurance Index (the Index).
Outside US estate tax
EGV1 is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 EGV1's UCITS structure matters for Indian investors
EGV1 is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy EGV1 from India?
Yes. Indian residents can buy Amundi STOXX Europe 600 Insurance UCITS ETF (EGV1) 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 EGV1 invest in?
Amundi STOXX Europe 600 Insurance UCITS ETF holds 36 securities. Its largest holdings are ASML HOLDING NV (9.0%), NN GROUP NV (8.7%) and FLATEXDEGIRO SE (6.5%). Financial Services is its largest sector at 47.1%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of EGV1?
Amundi STOXX Europe 600 Insurance 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 €159.7M.
Is EGV1 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi STOXX Europe 600 Insurance UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
How are EGV1 dividends taxed in India?
Amundi STOXX Europe 600 Insurance 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 EGV1?
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.