XETRA · ETF
Invest in EL45 ETF from India
Indian and foreign residents can buy Deka MSCI Japan Climate Change ESG UCITS ETF (EL45) units directly through Paasa.
By Paasa · Updated
EL45 at a glance
- Price
- €11.92+€0.25 (2.11%)
- Expense ratio
- 0.26%
- Day range
- €11.88 – €11.92
- Assets
- €162.3M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- -5.35%
- 6 months
- +6.39%
- YTD
- +17.17%
- 1 year
- +15.24%
- 5 years
- +27.99%
Price change, excluding dividends.
Top 10 holdings
- 1ADVANTEST CORP5.7%
- 2SONY GROUP CORP5.1%
- 3MITSUBISHI UFJ FINANCIAL GRO4.6%
- 4RECRUIT HOLDINGS CO LTD3.3%
- 5KEYENCE CORP3.2%
- 6FAST RETAILING CO LTD3.0%
- 7SUMITOMO MITSUI FINANCIAL GR2.9%
- 8EAST JAPAN RAILWAY CO2.5%
- 9TAKEDA PHARMACEUTICAL CO LTD2.4%
- 10KIOXIA HOLDINGS CORP2.4%
These 10 are 34.9% of the fund.
Where the money is invested
Sectors
- Technology26.9%
- Financial Services20.9%
- Industrials14.7%
- Healthcare10.2%
- Communication Services9.9%
- Consumer Cyclical8.9%
Countries
- Japan100.0%
How to invest in EL45 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 EL45 and buy
Find the fund by its ticker, EL45, on XETRA, and place your order.
Why invest in EL45 from India
What EL45 holds
This Deka MSCI Japan Climate Change ESG UCITS ETF operates as a UCITS IV-regulated investment fund, with the primary objective of accurately replicating the financial performance of the MSCI Japan Climate Change ESG Select Index.
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 EL45 from India?
Yes. Indian residents can buy Deka MSCI Japan Climate Change ESG UCITS ETF (EL45) 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 EL45 invest in?
Its largest holdings are ADVANTEST CORP (5.7%), SONY GROUP CORP (5.1%) and MITSUBISHI UFJ FINANCIAL GRO (4.6%). Technology is its largest sector at 26.9%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EL45?
Deka MSCI Japan Climate Change ESG UCITS ETF has an expense ratio of 0.26% a year, taken from the fund's assets rather than billed to you. The fund manages about €162.3M.
How are EL45 dividends taxed in India?
Deka MSCI Japan Climate Change ESG 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 EL45?
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.