XETRA · ETF
Invest in EMUX ETF from India
Indian and foreign residents can buy BNP Paribas Easy MSCI EMU ex CW (EMUX) units directly through Paasa.
By Paasa · Updated
EMUX at a glance
- Price
- €20.42-€0.15 (0.71%)
- Expense ratio
- 0.15%
- Day range
- €20.42 – €20.66
- Assets
- €1.9B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2015
- Dividends
- —
- 1 month
- -2.65%
- 6 months
- +15.08%
- YTD
- +11.01%
- 1 year
- +16.79%
- 5 years
- +64.90%
Price change, excluding dividends.
Where the money is invested
Sectors
- Financial Services29.2%
- Industrials18.8%
- Technology16.6%
- Consumer Cyclical6.5%
- Utilities6.4%
- Consumer Defensive5.7%
Countries
- France24.3%
- Germany23.6%
- Netherlands19.1%
- Spain11.9%
- Italy9.3%
- Finland4.2%
How to invest in EMUX 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 EMUX and buy
Find the fund by its ticker, EMUX, on XETRA, and place your order.
Why invest in EMUX from India
What EMUX holds
This fund aims to closely track the performance of the MSCI EMU ex Controversial Weapons (NTR) Index. It achieves this by investing directly in the shares of companies that constitute the index, maintaining a maximum tracking error of just 1%.
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 EMUX from India?
Yes. Indian residents can buy BNP Paribas Easy MSCI EMU ex CW (EMUX) 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 is the expense ratio of EMUX?
BNP Paribas Easy MSCI EMU ex CW has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.9B.
What tax do I pay in India when I sell EMUX?
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.