XETRA · ETF
Invest in EL4B ETF from India
Indian and foreign residents can buy Deka EURO STOXX 50 UCITS ETF (EL4B) units directly through Paasa.
By Paasa · Updated
EL4B at a glance
- Price
- €64.65-€0.12 (0.19%)
- Expense ratio
- 0.15%
- Day range
- €64.49 – €64.85
- Assets
- €1.5B
- Domicile
- Germany
- Holdings
- —
- Launched
- 2008
- Dividends
- Distributing
- 1 month
- +3.31%
- 6 months
- +6.47%
- YTD
- +10.51%
- 1 year
- +12.53%
- 5 years
- +46.40%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV9.2%
- 2SAP SE4.7%
- 3SIEMENS AG-REG4.5%
- 4TOTALENERGIES SE4.0%
- 5ALLIANZ SE-REG3.9%
- 6BANCO SANTANDER SA3.6%
- 7IBERDROLA SA3.2%
- 8SCHNEIDER ELECTRIC SE3.1%
- 9BANCO BILBAO VIZCAYA ARGENTA2.9%
- 10UNICREDIT SPA2.8%
These 10 are 41.9% of the fund.
Where the money is invested
Sectors
- Financial Services26.9%
- Industrials19.1%
- Technology16.2%
- Consumer Cyclical8.9%
- Utilities5.9%
- Consumer Defensive5.9%
Countries
- France29.6%
- Germany29.4%
- Netherlands16.0%
- Spain11.1%
- Italy7.7%
- United States2.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EUELSEiShares Core EURO STOXX 50 UCITS ETF EUR (Dist) | 0.1% | 4.7B |
| H50ELSEHSBC EURO STOXX 50 UCITS ETF | 0.05% | 2.1B |
| XESCLSEXtrackers Euro Stoxx 50 UCITS ETF 1C | 0.09% | 10.5B |
| V50DXETRAAmundi Core EURO STOXX 50 UCITS ETF EUR Dist | 0.09% | 5.3B |
| XESXLSEXtrackers Euro Stoxx 50 UCITS ETF 1D | 0.09% | 10.5B |
Assets are shown in each fund's own reporting currency.
How to invest in EL4B 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 EL4B and buy
Find the fund by its ticker, EL4B, on XETRA, and place your order.
Why invest in EL4B from India
What EL4B holds
This fund endeavors to closely mirror the returns of the EURO STOXX 50 Price Index, which is composed of 50 prominent, highly liquid, and well-established companies trading in the Eurozone's stock market.
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 EL4B from India?
Yes. Indian residents can buy Deka EURO STOXX 50 UCITS ETF (EL4B) 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 EL4B invest in?
Its largest holdings are ASML HOLDING NV (9.2%), SAP SE (4.7%) and SIEMENS AG-REG (4.5%). Financial Services is its largest sector at 26.9%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EL4B?
Deka EURO STOXX 50 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 €1.5B.
How are EL4B dividends taxed in India?
Deka EURO STOXX 50 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 EL4B?
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.