XETRA · ETF
Invest in EL4F ETF from India
Indian and foreign residents can buy Deka DAX ausschüttend UCITS ETF (EL4F) units directly through Paasa.
By Paasa · Updated
EL4F at a glance
- Price
- €92.54-€0.51 (0.55%)
- Expense ratio
- 0.15%
- Day range
- €92.54 – €93.54
- Assets
- €1.0B
- Domicile
- Germany
- Holdings
- —
- Launched
- 2008
- Dividends
- Distributing
- 1 month
- -5.19%
- 6 months
- +10.61%
- YTD
- +0.51%
- 1 year
- +3.72%
- 5 years
- +43.27%
Price change, excluding dividends.
Top 10 holdings
- 1SIEMENS AG-REG11.9%
- 2SAP SE10.7%
- 3ALLIANZ SE-REG9.2%
- 4SIEMENS ENERGY AG7.2%
- 5AIRBUS SE6.4%
- 6DEUTSCHE TELEKOM AG-REG5.3%
- 7INFINEON TECHNOLOGIES AG4.5%
- 8MUENCHENER RUECKVER AG-REG3.7%
- 9DEUTSCHE BANK AG-REGISTERED3.5%
- 10DHL AG3.1%
These 10 are 65.5% 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
- Germany93.0%
- Netherlands7.0%
How to invest in EL4F 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 EL4F and buy
Find the fund by its ticker, EL4F, on XETRA, and place your order.
Why invest in EL4F from India
What EL4F holds
This index tracks thirty prominent German publicly traded companies, chosen for their substantial size and high trading volumes. It also incorporates international businesses primarily operating within Germany, with all constituents maintaining a Prime Standard listing on the FW.
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 EL4F from India?
Yes. Indian residents can buy Deka DAX ausschüttend UCITS ETF (EL4F) 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 EL4F invest in?
Its largest holdings are SIEMENS AG-REG (11.9%), SAP SE (10.7%) and ALLIANZ SE-REG (9.2%). Industrials is its largest sector at 33.9%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EL4F?
Deka DAX ausschüttend 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 €1.0B.
How are EL4F dividends taxed in India?
Deka DAX ausschüttend 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 EL4F?
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.