XETRA · ETF
Invest in EL40 ETF from India
Indian and foreign residents can buy Deka MSCI Emerging Markets UCITS ETF (EL40) units directly through Paasa.
By Paasa · Updated
EL40 at a glance
- Price
- €72.18+€0.72 (1.00%)
- Expense ratio
- 0.4%
- Day range
- €71.01 – €72.38
- Assets
- €299.8M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2010
- Dividends
- —
- 1 month
- +2.19%
- 6 months
- +26.16%
- YTD
- +29.46%
- 1 year
- +35.62%
- 5 years
- +51.95%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFAC2330.TW15.1%
- 2SAMSUNG ELECTRONICS CO LTD005930.KS7.2%
- 3SK HYNIX INC000660.KS5.6%
- 4TENCENT HOLDINGS LTD0700.HK2.7%
- 5ALIBABA GROUP HOLDING LTD9988.HK1.8%
- 6MEDIATEK INC2454.TW1.4%
- 7CHINA CONSTRUCTION BANK-H0939.HK1.1%
- 8SAMSUNG ELECTRONICS-PREF005935.KS1.1%
- 9DELTA ELECTRONICS INC2308.TW1.1%
- 10CHUNGHWA TELECOM CO LTD2412.TW0.9%
These 10 are 38.0% of the fund.
Where the money is invested
Sectors
- Technology30.5%
- Financial Services21.3%
- Consumer Cyclical11.4%
- Communication Services8.8%
- Basic Materials7.3%
- Industrials7.1%
Countries
- Taiwan29.6%
- South Korea22.1%
- China18.4%
- India9.6%
- Brazil3.7%
- South Africa2.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EEMAMEXiShares MSCI Emerging Markets ETF | 0.72% | 31.2B |
| IEMGAMEXiShares Core MSCI Emerging Markets ETF | 0.09% | 161.6B |
| XMMELSEXtrackers MSCI Emerging Markets UCITS ETF 1C | 0.18% | 15.3B |
| HMEMLSEHSBC MSCI Emerging Markets UCITS ETF | 0.15% | 6.2B |
| HEMALSEHSBC MSCI Emerging Markets UCITS ETF | 0.15% | 6.2B |
Assets are shown in each fund's own reporting currency.
How to invest in EL40 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 EL40 and buy
Find the fund by its ticker, EL40, on XETRA, and place your order.
Why invest in EL40 from India
What EL40 holds
This fund's primary objective is to mirror the investment performance of the MSCI Emerging Markets index. It achieves this by employing an indirect replication strategy, specifically through the use of one or more financial swap agreements.
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 EL40 from India?
Yes. Indian residents can buy Deka MSCI Emerging Markets UCITS ETF (EL40) 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 EL40 invest in?
Its largest holdings are TAIWAN SEMICONDUCTOR MANUFAC (15.1%), SAMSUNG ELECTRONICS CO LTD (7.2%) and SK HYNIX INC (5.6%). Technology is its largest sector at 30.5%. The fund is domiciled in Germany.
What is the expense ratio of EL40?
Deka MSCI Emerging Markets UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about €299.8M.
What tax do I pay in India when I sell EL40?
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.