XETRA · UCITS ETF
Invest in EUN6 ETF from India
Indian and foreign residents can buy iShares € Govt Bond 0-1yr UCITS ETF (EUN6) units directly through Paasa.
By Paasa · Updated
EUN6 at a glance
- Price
- €98.81+€0.02 (0.02%)
- Expense ratio
- 0.07%
- Day range
- €98.75 – €98.82
- Assets
- €1.1B
- Domicile
- Ireland
- Holdings
- 34
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- +0.10%
- 6 months
- +0.10%
- YTD
- -0.53%
- 1 year
- -0.06%
- 5 years
- +1.68%
Price change, excluding dividends.
Top 10 holdings
- 1BLK LEAF FUND AGENCY ACC T0 EUR7.2%
- 2FRANCE (REPUBLIC OF) RegS 0.25% 11/25/2026 (FRTR)6.2%
- 3FRANCE (REPUBLIC OF) RegS 1.00% 05/25/2027 (FRTR)5.7%
- 4GERMANY (FEDERAL REPUBLIC OF) RegS 0.25% 02/15/2027 (DBR)4.7%
- 5SPAIN (KINGDOM OF) 2.50% 05/31/2027 (SPGB)4.6%
- 6GERMANY (FEDERAL REPUBLIC OF) RegS 2.20% 03/11/2027 (BKO)4.3%
- 7GERMANY (FEDERAL REPUBLIC OF) RegS 0.50% 08/15/2027 (DBR)4.2%
- 8ITALY (REPUBLIC OF) RegS 2.55% 02/25/2027 (BTPS)4.1%
- 9SPAIN (KINGDOM OF) 1.50% 04/30/2027 (SPGB)3.8%
- 10SPAIN (KINGDOM OF) 1.30% 10/31/2026 (SPGB)3.8%
EUN6 holds 34 securities in total. These 10 are 48.7% of the fund.
Where the money is invested
Sectors
- Government71.9%
- Corporate0.1%
Countries
- Italy26.7%
- Germany20.8%
- Spain15.5%
- France15.0%
- Austria6.5%
- Ireland5.3%
How to invest in EUN6 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 EUN6 and buy
Find the fund by its ticker, EUN6, on XETRA, and place your order.
Why invest in EUN6 from India
What EUN6 holds
The Fund seeks to track the performance of an index composed of Eurozone investment grade government bonds.
Outside US estate tax
EUN6 is domiciled in Ireland, 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 EUN6's UCITS structure matters for Indian investors
EUN6 is domiciled in Ireland, 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 EUN6 from India?
Yes. Indian residents can buy iShares € Govt Bond 0-1yr UCITS ETF (EUN6) 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 does EUN6 invest in?
iShares € Govt Bond 0-1yr UCITS ETF holds 34 securities. Its largest holdings are BLK LEAF FUND AGENCY ACC T0 EUR (7.2%), FRANCE (REPUBLIC OF) RegS 0.25% 11/25/2026 (FRTR) (6.2%) and FRANCE (REPUBLIC OF) RegS 1.00% 05/25/2027 (FRTR) (5.7%). Government is its largest sector at 71.9%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of EUN6?
iShares € Govt Bond 0-1yr UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.1B.
Is EUN6 a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares € Govt Bond 0-1yr 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.
How are EUN6 dividends taxed in India?
iShares € Govt Bond 0-1yr UCITS ETF 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 EUN6?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.