XETRA · UCITS ETF
Invest in EIBB ETF from India
Indian and foreign residents can buy Invesco Euro Government Bond UCITS ETF (EIBB) units directly through Paasa.
By Paasa · Updated
EIBB at a glance
- Price
- €30.51-€0.10 (0.33%)
- Expense ratio
- 0.07%
- Day range
- €30.51 – €30.60
- Assets
- €24.5M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -3.28%
- 6 months
- -3.43%
- YTD
- -5.67%
- 1 year
- -5.85%
- 5 years
- -22.38%
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE (GOVT OF) 2.5% 25/05/300.9%
- 2FRANCE (GOVT OF) 0.75% 25/05/280.9%
- 3FRANCE (GOVT OF) 2.75% 25/10/270.8%
- 4FRANCE (GOVT OF) 0.75% 25/11/280.8%
- 5FRANCE (GOVT OF) 1.5% 25/05/310.8%
- 6FRANCE (GOVT OF) 2.75% 25/02/290.8%
- 7FRANCE (GOVT OF) 3.5% 25/11/330.8%
- 8FRANCE (GOVT OF) 0% 25/11/290.7%
- 9FRANCE (GOVT OF) 2.75% 25/02/300.7%
- 10FRANCE (GOVT OF) 1.25% 25/05/340.7%
These 10 are 7.8% of the fund.
Where the money is invested
Countries
- France24.6%
- Italy21.9%
- Germany19.6%
- Spain14.2%
- Belgium5.0%
- Netherlands4.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| PRARXETRAAmundi Prime Euro Government Bond UCITS ETF Acc | 0.05% | 2.1B |
| MTXXLSEAmundi Core Euro Government Bond UCITS ETF Acc | 0.09% | 1.5B |
| 10ALXETRAAmundi Core Euro Government Bond UCITS ETF Dist | 0.09% | 1.7B |
| PRIRLSEAmundi Prime Euro Government Bond UCITS ETF Dist | 0.05% | 1.8B |
Assets are shown in each fund's own reporting currency.
How to invest in EIBB 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 EIBB and buy
Find the fund by its ticker, EIBB, on XETRA, and place your order.
Why invest in EIBB from India
What EIBB holds
The Invesco Euro Government Bond UCITS ETF aims to achieve the performance of the Bloomberg Barclays Euro Treasury Majors Bond Index (the Index).
Outside US estate tax
EIBB is domiciled in Ireland, 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 EIBB's UCITS structure matters for Indian investors
EIBB is domiciled in Ireland, 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 EIBB from India?
Yes. Indian residents can buy Invesco Euro Government Bond UCITS ETF (EIBB) 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 EIBB invest in?
Its largest holdings are FRANCE (GOVT OF) 2.5% 25/05/30 (0.9%), FRANCE (GOVT OF) 0.75% 25/05/28 (0.9%) and FRANCE (GOVT OF) 2.75% 25/10/27 (0.8%). It is a distributing fund domiciled in Ireland.
What is the expense ratio of EIBB?
Invesco Euro Government Bond UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about €24.5M.
Is EIBB a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco Euro Government Bond 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.
How are EIBB dividends taxed in India?
Invesco Euro Government Bond 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 EIBB?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.