XETRA · ETF
Invest in EL4G ETF from India
Indian and foreign residents can buy Deka EURO STOXX Select Dividend 30 UCITS ETF (EL4G) units directly through Paasa.
By Paasa · Updated
EL4G at a glance
- Price
- €24.35-€0.17 (0.69%)
- Expense ratio
- 0.32%
- Day range
- €24.33 – €24.52
- Assets
- €332.9M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2008
- Dividends
- Distributing
- 1 month
- -4.27%
- 6 months
- +13.50%
- YTD
- +9.96%
- 1 year
- +17.16%
- 5 years
- +28.20%
Price change, excluding dividends.
Top 10 holdings
- 1OMV AGOMV.VI5.8%
- 2ABN AMRO BANK NV-CVAABN.AS5.6%
- 3RANDSTAD NVRAND.AS5.3%
- 4ASR NEDERLAND NVASRNL.AS4.6%
- 5SIGNIFY NVLIGHT.AS4.4%
- 6NN GROUP NV - W/INN.AS4.4%
- 7ING GROEP NVINGA.AS4.0%
- 8CREDIT AGRICOLE SAACA.PA3.8%
- 9POSTE ITALIANE SPAPST.MI3.8%
- 10AXA SACS.PA3.8%
These 10 are 45.7% of the fund.
Where the money is invested
Sectors
- Financial Services49.7%
- Industrials16.8%
- Consumer Cyclical7.9%
- Utilities7.8%
- Communication Services5.8%
- Energy5.3%
Countries
- Netherlands29.7%
- France19.6%
- Germany15.7%
- Italy9.0%
- Belgium6.7%
- Spain6.3%
How to invest in EL4G 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 EL4G and buy
Find the fund by its ticker, EL4G, on XETRA, and place your order.
Why invest in EL4G from India
What EL4G holds
The Deka EURO STOXX Select Dividend 30 UCITS ETF is an investment fund, regulated under UCITS IV, specifically designed to replicate the returns of the EURO STOXX Select Dividend 30 Index, which is a price-based benchmark.
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 EL4G from India?
Yes. Indian residents can buy Deka EURO STOXX Select Dividend 30 UCITS ETF (EL4G) 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 EL4G invest in?
Its largest holdings are OMV AG (5.8%), ABN AMRO BANK NV-CVA (5.6%) and RANDSTAD NV (5.3%). Financial Services is its largest sector at 49.7%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EL4G?
Deka EURO STOXX Select Dividend 30 UCITS ETF has an expense ratio of 0.32% a year, taken from the fund's assets rather than billed to you. The fund manages about €332.9M.
How are EL4G dividends taxed in India?
Deka EURO STOXX Select Dividend 30 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 EL4G?
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.