XETRA · ETF
Invest in ETSA ETF from India
Indian and foreign residents can buy BNP Paribas Easy Stoxx Europe 600 UCITS ETF C/D (ETSA) units directly through Paasa.
By Paasa · Updated
ETSA at a glance
- Price
- €18.50+€0.11 (0.59%)
- Expense ratio
- 0.19%
- Day range
- €18.50 – €18.50
- Assets
- €1.4B
- Domicile
- France
- Holdings
- —
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -2.03%
- 6 months
- +10.23%
- YTD
- +7.47%
- 1 year
- +15.02%
- 5 years
- +51.98%
Price change, excluding dividends.
Where the money is invested
Sectors
- Financial Services42.4%
- Industrials19.4%
- Technology10.5%
- Communication Services7.5%
- Utilities5.9%
- Energy5.0%
Countries
- Other2.2%
How to invest in ETSA 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 ETSA and buy
Find the fund by its ticker, ETSA, on XETRA, and place your order.
Why invest in ETSA from India
What ETSA holds
The Stoxx Europe 600 THEAM EASY UCITS ETF Subfund is designed to mirror the returns of the Stoxx Europe 600 index across all market conditions. As an indexed fund, its core objective is to keep the absolute tracking error – the divergence between the Subfund's net asset value growth and the index's performance – 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 ETSA from India?
Yes. Indian residents can buy BNP Paribas Easy Stoxx Europe 600 UCITS ETF C/D (ETSA) 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 ETSA?
BNP Paribas Easy Stoxx Europe 600 UCITS ETF C/D has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.4B.
How are ETSA dividends taxed in India?
BNP Paribas Easy Stoxx Europe 600 UCITS ETF C/D 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 ETSA?
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.