XETRA · ETF
Invest in ESEE ETF from India
Indian and foreign residents can buy BNP Paribas Easy S&P 500 UCITS ETF (ESEE) units directly through Paasa.
By Paasa · Updated
ESEE at a glance
- Price
- €34.34+€0.02 (0.05%)
- Expense ratio
- 0.14%
- Day range
- €34.32 – €34.38
- Assets
- €8.6B
- Domicile
- France
- Holdings
- —
- Launched
- 2013
- Dividends
- —
- 1 month
- +2.28%
- 6 months
- +22.11%
- YTD
- +15.92%
- 1 year
- +20.48%
- 5 years
- +91.29%
Price change, excluding dividends.
Where the money is invested
Sectors
- Technology38.7%
- Financial Services12.1%
- Communication Services9.5%
- Consumer Cyclical9.3%
- Healthcare9.3%
- Industrials7.8%
Countries
- France34.3%
- Netherlands18.3%
- Germany17.4%
- Other10.2%
- Sweden8.7%
- Italy3.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| VOOAMEXVanguard S&P 500 ETF | 0.03% | 1.8T |
| IVVAMEXiShares Core S&P 500 ETF | 0.03% | 882.2B |
| CSPXLSEiShares Core S&P 500 UCITS ETF | 0.07% | 155.3B |
| VUAALSEVanguard S&P 500 UCITS ETF (USD) Accumulating | 0.07% | 89.2B |
| SPXSLSEInvesco S&P 500 UCITS ETF | 0.05% | 59.5B |
Assets are shown in each fund's own reporting currency.
How to invest in ESEE 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 ESEE and buy
Find the fund by its ticker, ESEE, on XETRA, and place your order.
Why invest in ESEE from India
What ESEE holds
The objective of the S&P 500 THEAM EASY UCITS ETF subfund (the Subfund) is to replicate the performance of the S&P 500 index, regardless of its trends. As the Subfund is indexed, it seeks to maintain the tracking error in absolute terms between the growth of the Subfunds net asset value and that of the index at a level below 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 ESEE from India?
Yes. Indian residents can buy BNP Paribas Easy S&P 500 UCITS ETF (ESEE) 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 ESEE?
BNP Paribas Easy S&P 500 UCITS ETF has an expense ratio of 0.14% a year, taken from the fund's assets rather than billed to you. The fund manages about €8.6B.
What tax do I pay in India when I sell ESEE?
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.