XETRA · ETF
Invest in ELFB ETF from India
Indian and foreign residents can buy Deka Euro Prime ESG UCITS ETF (ELFB) units directly through Paasa.
By Paasa · Updated
ELFB at a glance
- Price
- €34.22+€0.28 (0.81%)
- Expense ratio
- 0.4%
- Day range
- €34.15 – €34.32
- Assets
- €646.0M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2015
- Dividends
- Distributing
- 1 month
- -1.93%
- 6 months
- +21.98%
- YTD
- +14.55%
- 1 year
- +22.50%
- 5 years
- +89.14%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NVASML.AS12.4%
- 2SAP SESAP.DE6.8%
- 3BANCO SANTANDER SASAN.MC6.3%
- 4SCHNEIDER ELECTRIC SESU.PA5.8%
- 5ALLIANZ SE-REGALV.DE5.7%
- 6BANCO BILBAO VIZCAYA ARGENTABBVA.MC4.9%
- 7UNICREDIT SPAUCG.MI4.0%
- 8BNP PARIBASBNP.PA3.5%
- 9LVMH MOET HENNESSY LOUIS VUIMC.PA3.4%
- 10INTESA SANPAOLOISP.MI3.3%
These 10 are 56.2% of the fund.
Where the money is invested
Sectors
- Financial Services55.0%
- Technology22.3%
- Industrials12.2%
- Healthcare5.1%
- Consumer Cyclical4.2%
- Communication Services1.3%
Countries
- France29.1%
- Germany26.2%
- Netherlands18.7%
- Spain14.8%
- Italy7.3%
- Finland2.0%
How to invest in ELFB 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 ELFB and buy
Find the fund by its ticker, ELFB, on XETRA, and place your order.
Why invest in ELFB from India
What ELFB holds
This Deka Euro Prime ESG UCITS ETF is an investment fund operating under the UCITS IV regulatory framework. Its primary objective is to replicate the financial performance of the Solactive Euro Prime ESG Index, which functions as a 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 ELFB from India?
Yes. Indian residents can buy Deka Euro Prime ESG UCITS ETF (ELFB) 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 ELFB invest in?
Its largest holdings are ASML HOLDING NV (12.4%), SAP SE (6.8%) and BANCO SANTANDER SA (6.3%). Financial Services is its largest sector at 55.0%. It is a distributing fund domiciled in Germany.
What is the expense ratio of ELFB?
Deka Euro Prime ESG UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about €646.0M.
How are ELFB dividends taxed in India?
Deka Euro Prime ESG 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 ELFB?
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.