XETRA · ETF
Invest in EL4Y ETF from India
Indian and foreign residents can buy Deka STOXX Europe 50 UCITS ETF (EL4Y) units directly through Paasa.
By Paasa · Updated
EL4Y at a glance
- Price
- €53.84+€0.02 (0.04%)
- Expense ratio
- 0.19%
- Day range
- €53.84 – €54.10
- Assets
- €193.1M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- -2.59%
- 6 months
- +10.94%
- YTD
- +8.79%
- 1 year
- +16.39%
- 5 years
- +52.31%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NVASML.AS8.8%
- 2HSBC HOLDINGS PLCHSBA.L4.5%
- 3ROCHE HOLDING AGROP.SW4.1%
- 4NOVARTIS AG-REGNOVN.SW3.6%
- 5SHELL PLCSHEL.L3.6%
- 6ASTRAZENECA PLCAZN.L3.4%
- 7NESTLE SA-REGNESN.SW3.2%
- 8SIEMENS AG-REGSIE.DE3.1%
- 9BANCO SANTANDER SASAN.MC2.8%
- 10SAP SESAP.DE2.8%
These 10 are 40.0% of the fund.
Where the money is invested
Sectors
- Financial Services24.9%
- Industrials17.8%
- Healthcare16.1%
- Technology11.3%
- Consumer Defensive9.1%
- Energy7.3%
Countries
- United Kingdom24.9%
- France17.9%
- Switzerland17.8%
- Germany13.1%
- Netherlands12.0%
- Spain6.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| AE50XETRAAmundi Stoxx Europe 50 UCITS ETF Acc | 0.15% | 503.4M |
| EUNLSEiShares STOXX Europe 50 UCITS ETF | 0.35% | 483.6M |
Assets are shown in each fund's own reporting currency.
How to invest in EL4Y 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 EL4Y and buy
Find the fund by its ticker, EL4Y, on XETRA, and place your order.
Why invest in EL4Y from India
What EL4Y holds
Operating as a retail investment vehicle, the Deka STOXX Europe 50 UCITS ETF adheres to UCITS IV standards. Its objective is to closely track the returns of the STOXX Europe 50 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 EL4Y from India?
Yes. Indian residents can buy Deka STOXX Europe 50 UCITS ETF (EL4Y) 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 EL4Y invest in?
Its largest holdings are ASML HOLDING NV (8.8%), HSBC HOLDINGS PLC (4.5%) and ROCHE HOLDING AG (4.1%). Financial Services is its largest sector at 24.9%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EL4Y?
Deka STOXX Europe 50 UCITS ETF has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about €193.1M.
How are EL4Y dividends taxed in India?
Deka STOXX Europe 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 EL4Y?
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.