XETRA · ETF
Invest in EL4A ETF from India
Indian and foreign residents can buy Deka DAX UCITS ETF (EL4A) units directly through Paasa.
By Paasa · Updated
EL4A at a glance
- Price
- €221.70-€0.25 (0.11%)
- Expense ratio
- 0.15%
- Day range
- €221.70 – €223.10
- Assets
- €1.9B
- Domicile
- Germany
- Holdings
- —
- Launched
- 2008
- Dividends
- —
- 1 month
- -4.42%
- 6 months
- +13.39%
- YTD
- +3.02%
- 1 year
- +6.38%
- 5 years
- +60.65%
Price change, excluding dividends.
Top 10 holdings
- 1SIEMENS AG-REGSIE.DE11.6%
- 2SAP SESAP.DE10.7%
- 3ALLIANZ SE-REGALV.DE9.2%
- 4SIEMENS ENERGY AGENR.DE7.1%
- 5AIRBUS SEAIR.PA6.6%
- 6DEUTSCHE TELEKOM AG-REGDTE.DE5.4%
- 7INFINEON TECHNOLOGIES AGIFX.DE4.2%
- 8MUENCHENER RUECKVER AG-REGMUV2.DE3.8%
- 9DEUTSCHE BANK AG-REGISTEREDDBK.DE3.4%
- 10DHL AGDHL.DE3.1%
These 10 are 65.1% of the fund.
Where the money is invested
Sectors
- Industrials33.9%
- Financial Services21.8%
- Technology14.9%
- Healthcare6.4%
- Consumer Cyclical6.2%
- Communication Services5.8%
Countries
- Germany92.9%
- Netherlands7.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| C001XETRAAmundi Core DAX UCITS ETF Dist | 0.08% | 1.5B |
| XDAXLSEXtrackers DAX UCITS ETF 1C | 0.09% | 6.1B |
Assets are shown in each fund's own reporting currency.
How to invest in EL4A 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 EL4A and buy
Find the fund by its ticker, EL4A, on XETRA, and place your order.
Why invest in EL4A from India
What EL4A holds
This fund aims to closely track the performance of the DAX Price Index, a benchmark that comprises the 40 largest and most actively traded German companies listed on the Frankfurt Stock Exchange, thereby offering exposure to prominent German large-cap equities.
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 EL4A from India?
Yes. Indian residents can buy Deka DAX UCITS ETF (EL4A) 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 EL4A invest in?
Its largest holdings are SIEMENS AG-REG (11.6%), SAP SE (10.7%) and ALLIANZ SE-REG (9.2%). Industrials is its largest sector at 33.9%. The fund is domiciled in Germany.
What is the expense ratio of EL4A?
Deka DAX UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.9B.
What tax do I pay in India when I sell EL4A?
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.