XETRA · ETF
Invest in EL4C ETF from India
Indian and foreign residents can buy Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C) units directly through Paasa.
By Paasa · Updated
EL4C at a glance
- Price
- €45.08+€0.07 (0.14%)
- Expense ratio
- 0.65%
- Day range
- €45.05 – €45.63
- Assets
- €138.6M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2008
- Dividends
- Distributing
- 1 month
- -4.93%
- 6 months
- +6.81%
- YTD
- +4.63%
- 1 year
- +1.47%
- 5 years
- -28.21%
Price change, excluding dividends.
Top 10 holdings
- 1VAT GROUP AG5.7%
- 2ASML HOLDING NV5.6%
- 3PEPCO GROUP NV5.3%
- 4SAAB AB-B5.3%
- 5ASM INTERNATIONAL NV5.3%
- 6SAFRAN SA5.2%
- 7GAMES WORKSHOP GROUP PLC5.1%
- 8INFINEON TECHNOLOGIES AG5.1%
- 9BE SEMICONDUCTOR INDUSTRIES5.1%
- 10BELIMO HOLDING AG-REG5.0%
These 10 are 52.8% of the fund.
Where the money is invested
Sectors
- Industrials55.4%
- Technology20.3%
- Consumer Cyclical19.2%
- Consumer Defensive5.1%
Countries
- Germany24.1%
- Switzerland15.6%
- Netherlands15.2%
- Sweden10.4%
- United Kingdom10.2%
- France9.6%
How to invest in EL4C 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 EL4C and buy
Find the fund by its ticker, EL4C, on XETRA, and place your order.
Why invest in EL4C from India
What EL4C holds
The Deka STOXX Europe Strong Growth 20 UCITS ETF is a retail-focused investment product that complies with UCITS IV standards. Its main goal is to mirror the financial performance of the STOXX Europe Strong Growth 20 Index, which serves as a price 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 EL4C from India?
Yes. Indian residents can buy Deka STOXX Europe Strong Growth 20 UCITS ETF (EL4C) 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 EL4C invest in?
Its largest holdings are VAT GROUP AG (5.7%), ASML HOLDING NV (5.6%) and PEPCO GROUP NV (5.3%). Industrials is its largest sector at 55.4%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EL4C?
Deka STOXX Europe Strong Growth 20 UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about €138.6M.
How are EL4C dividends taxed in India?
Deka STOXX Europe Strong Growth 20 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 EL4C?
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.