SIX Swiss Exchange · UCITS ETF
Invest in EMUCHF ETF from India
Indian and foreign residents can buy UBS Lux Fund Solutions SICAV - MSCI EMU UCITS ETF (EMUCHF) units directly through Paasa.
By Paasa · Updated
EMUCHF at a glance
- Price
- CHF 27.81-CHF 0.21 (0.73%)
- Expense ratio
- 0.12%
- Day range
- CHF 27.81 – CHF 28.09
- Assets
- CHF 7.2B
- Domicile
- Luxembourg
- Holdings
- 224
- Launched
- 2020
- Dividends
- —
- 1 month
- -2.22%
- 6 months
- +12.59%
- YTD
- +8.72%
- 1 year
- +14.02%
- 5 years
- +53.82%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV8.9%
- 2SIEMENS AG-REG3.0%
- 3SAP SE2.9%
- 4BANCO SANTANDER SA2.7%
- 5SCHNEIDER ELECTRIC SE2.4%
- 6ALLIANZ SE-REG2.4%
- 7TOTALENERGIES SE2.3%
- 8BANCO BILBAO VIZCAYA ARGENTA2.1%
- 9IBERDROLA SA1.9%
- 10AIRBUS SE1.8%
EMUCHF holds 224 securities in total. These 10 are 30.4% of the fund.
Where the money is invested
Sectors
- Financial Services26.6%
- Industrials20.1%
- Technology15.7%
- Consumer Cyclical7.8%
- Utilities6.2%
- Healthcare5.9%
Countries
- Germany24.9%
- France24.4%
- Netherlands19.1%
- Spain11.2%
- Italy9.2%
- Finland3.5%
How to invest in EMUCHF 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 CHF when you buy.
Step 3
Search EMUCHF and buy
Find the fund by its ticker, EMUCHF, on the SIX Swiss Exchange, and place your order.
Why invest in EMUCHF from India
What EMUCHF holds
This passively managed exchange-traded fund primarily invests in equities of large and mid-sized European companies that form part of the MSCI EMU index. The fund's portfolio is structured to mirror the index's composition, with the weighting of each company and its allocation to shares and currency hedging instruments directly corresponding to the index's relative proportions.
Outside US estate tax
EMUCHF is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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.
Why EMUCHF's UCITS structure matters for Indian investors
EMUCHF is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy EMUCHF from India?
Yes. Indian residents can buy UBS Lux Fund Solutions SICAV - MSCI EMU UCITS ETF (EMUCHF) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 EMUCHF invest in?
UBS Lux Fund Solutions SICAV - MSCI EMU UCITS ETF holds 224 securities. Its largest holdings are ASML HOLDING NV (8.9%), SIEMENS AG-REG (3.0%) and SAP SE (2.9%). Financial Services is its largest sector at 26.6%. The fund is domiciled in Luxembourg.
What is the expense ratio of EMUCHF?
UBS Lux Fund Solutions SICAV - MSCI EMU UCITS ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 7.2B.
Is EMUCHF a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Lux Fund Solutions SICAV - MSCI EMU UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
What tax do I pay in India when I sell EMUCHF?
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 CHF/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.