XETRA · ETF
Invest in ELFA ETF from India
Indian and foreign residents can buy Deka EURO STOXX 50 ESG Filtered UCITS ETF (ELFA) units directly through Paasa.
By Paasa · Updated
ELFA at a glance
- Price
- €143.00+€0.64 (0.45%)
- Expense ratio
- 0.15%
- Day range
- €143.00 – €143.00
- Assets
- €356.8M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2015
- Dividends
- Distributing
- 1 month
- -2.64%
- 6 months
- +17.19%
- YTD
- +7.50%
- 1 year
- +13.91%
- 5 years
- +60.01%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV10.4%
- 2BANCO SANTANDER SA5.8%
- 3SAP SE5.8%
- 4SCHNEIDER ELECTRIC SE5.2%
- 5ALLIANZ SE-REG5.0%
- 6BANCO BILBAO VIZCAYA ARGENTA4.4%
- 7UNICREDIT SPA3.9%
- 8INTESA SANPAOLO3.3%
- 9BNP PARIBAS3.2%
- 10LVMH MOET HENNESSY LOUIS VUI3.0%
These 10 are 50.1% of the fund.
Where the money is invested
Sectors
- Financial Services40.1%
- Technology17.8%
- Industrials12.5%
- Consumer Cyclical11.8%
- Consumer Defensive6.9%
- Healthcare6.7%
Countries
- France29.3%
- Germany25.6%
- Netherlands17.5%
- Spain12.3%
- Italy9.0%
- Belgium3.4%
How to invest in ELFA 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 ELFA and buy
Find the fund by its ticker, ELFA, on XETRA, and place your order.
Why invest in ELFA from India
What ELFA holds
Deka EURO STOXX 50 ESG Filtered UCITS ETF was founded in 2020 and is headquartered in Frankfurt am Main, Hessen, Germany.
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 ELFA from India?
Yes. Indian residents can buy Deka EURO STOXX 50 ESG Filtered UCITS ETF (ELFA) 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 ELFA invest in?
Its largest holdings are ASML HOLDING NV (10.4%), BANCO SANTANDER SA (5.8%) and SAP SE (5.8%). Financial Services is its largest sector at 40.1%. It is a distributing fund domiciled in Germany.
What is the expense ratio of ELFA?
Deka EURO STOXX 50 ESG Filtered 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 €356.8M.
How are ELFA dividends taxed in India?
Deka EURO STOXX 50 ESG Filtered 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 ELFA?
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.