London Stock Exchange ETF segment · UCITS ETF
Invest in EUDF ETF from India
Indian and foreign residents can buy WisdomTree Europe Defence UCITS ETF (EUDF) units directly through Paasa.
By Paasa · Updated
EUDF at a glance
- Price
- $34.51-$0.36 (1.04%)
- Expense ratio
- 0.4%
- Day range
- $34.51 – $34.95
- Assets
- $5.0B
- Domicile
- Ireland
- Holdings
- 42
- Launched
- 2025
- Dividends
- Accumulating
- 1 month
- -9.17%
- 6 months
- -2.31%
- YTD
- -1.83%
- 1 year
- -12.33%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BAE Systems PLCBA.L12.7%
- 2Thales SAHO.PA12.7%
- 3Rheinmetall AGRHM.DE12.0%
- 4Safran SASAF.PA7.7%
- 5Rolls-Royce Holdings PLCRR.L7.6%
- 6Airbus SEAIR.PA7.3%
- 7Saab Ab-BSAAB-B.ST7.2%
- 8Leonardo SpaLDO.MI6.6%
- 9Kongsberg Gruppen AsaKOG.OL5.8%
- 10Dassault Aviation SaAM.PA4.4%
EUDF holds 42 securities in total. These 10 are 84.0% of the fund.
Where the money is invested
Sectors
- Industrials97.2%
- Technology2.3%
- Communication Services0.4%
Countries
- France26.0%
- United Kingdom24.9%
- Germany16.9%
- Sweden7.7%
- Italy7.4%
- Netherlands7.3%
How to invest in EUDF 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.
Step 3
Search EUDF and buy
Find the fund by its ticker, EUDF, on the London Stock Exchange ETF segment, and place your order.
Why invest in EUDF from India
What EUDF holds
The WisdomTree Europe Defence UCITS ETF (the Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree Europe Defence UCITS Index (the Index). The Index is designed to track the performance of European companies involved in the defence sector.
Outside US estate tax
EUDF is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from EUDF's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
EUDF is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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 EUDF's UCITS structure matters for Indian investors
EUDF is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy EUDF from India?
Yes. Indian residents can buy WisdomTree Europe Defence UCITS ETF (EUDF) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. 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 EUDF invest in?
WisdomTree Europe Defence UCITS ETF holds 42 securities. Its largest holdings are BAE Systems PLC (12.7%), Thales SA (12.7%) and Rheinmetall AG (12.0%). Industrials is its largest sector at 97.2%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of EUDF?
WisdomTree Europe Defence 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 $5.0B.
Is EUDF a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Europe Defence UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Does EUDF pay dividends?
No. WisdomTree Europe Defence UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell EUDF?
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 USD/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.