XETRA · ETF
Invest in EL4R ETF from India
Indian and foreign residents can buy Deka Deutsche Boerse EUROGOV Germany UCITS ETF (EL4R) units directly through Paasa.
By Paasa · Updated
EL4R at a glance
- Price
- €86.92+€0.12 (0.14%)
- Expense ratio
- 0.15%
- Day range
- €86.80 – €87.01
- Assets
- €87.8M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- -1.69%
- 6 months
- -2.15%
- YTD
- -3.32%
- 1 year
- -3.69%
- 5 years
- -13.30%
Price change, excluding dividends.
Top 10 holdings
- 1DEUTSCHLAND REP 2.9% 26-15/02/20368.6%
- 2DEUTSCHLAND REP 2.3% 23-15/02/20337.6%
- 3BUNDESOBL-193 2.5% 26-16/04/20317.4%
- 4DEUTSCHLAND REP 2.6% 24-15/08/20346.9%
- 5DEUTSCHLAND REP 2.5% 25-15/02/20356.9%
- 6DEUTSCHLAND REP 2.2% 24-15/02/20346.8%
- 7DEUTSCHLAND REP 0.5% 17-15/08/20276.7%
- 8BUNDESOBL-191 2.4% 25-18/04/20306.6%
- 9DEUTSCHLAND REP 2.6% 25-15/08/20356.5%
- 10BUNDESOBL-192 2.2% 25-10/10/20306.4%
These 10 are 70.4% of the fund.
Where the money is invested
Countries
- Germany99.7%
- Other0.3%
How to invest in EL4R 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 EL4R and buy
Find the fund by its ticker, EL4R, on XETRA, and place your order.
Why invest in EL4R from India
What EL4R holds
This UCITS IV-compliant investment fund, the Deka Deutsche Brse EUROGOV Germany UCITS ETF, is designed to mirror the performance of the Deutsche Brse EUROGOV Germany index, which comprises German government bonds. The components of this specific index are not comprehensive but rather represent a curated selection drawn from the wider Deutsche Brse EUROGOV index universe.
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 EL4R from India?
Yes. Indian residents can buy Deka Deutsche Boerse EUROGOV Germany UCITS ETF (EL4R) 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 EL4R invest in?
Its largest holdings are DEUTSCHLAND REP 2.9% 26-15/02/2036 (8.6%), DEUTSCHLAND REP 2.3% 23-15/02/2033 (7.6%) and BUNDESOBL-193 2.5% 26-16/04/2031 (7.4%). It is a distributing fund domiciled in Germany.
What is the expense ratio of EL4R?
Deka Deutsche Boerse EUROGOV Germany 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 €87.8M.
How are EL4R dividends taxed in India?
Deka Deutsche Boerse EUROGOV Germany 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 EL4R?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.