Euronext Amsterdam · ETF
Invest in EXA1 ETF from India
Indian and foreign residents can buy iShares EURO STOXX Banks 30-15 UCITS ETF DE (EXA1) units directly through Paasa.
By Paasa · Updated
EXA1 at a glance
- Price
- €21.14+€0.29 (1.37%)
- Expense ratio
- 0.51%
- Day range
- €21.05 – €21.23
- Assets
- €254.9M
- Domicile
- Germany
- Holdings
- 33
- Launched
- 2021
- Dividends
- —
- 1 month
- +0.24%
- 6 months
- +36.59%
- YTD
- +23.52%
- 1 year
- +42.71%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1BANCO SANTANDERSAN.MC14.0%
- 2BANCO BILBAO VIZCAYA ARGENTARIA SABBVA.MC10.2%
- 3UNICREDITUCG.MI9.1%
- 4BNP PARIBAS SABNP.PA7.8%
- 5INTESA SANPAOLOISP.MI7.7%
- 6ING GROEPINGA.AS6.8%
- 7DEUTSCHE BANK AGDBK.DE4.7%
- 8NORDEA BANKNDA-FI.HE4.5%
- 9SOCIETE GENERALE SAGLE.PA4.1%
- 10CAIXABANK SACABK.MC3.4%
EXA1 holds 33 securities in total. These 10 are 72.3% of the fund.
Where the money is invested
Countries
- Spain30.1%
- Italy22.8%
- France13.3%
- Netherlands8.9%
- Germany5.9%
- Finland4.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EXX1XETRAiShares EURO STOXX Banks 30-15 UCITS ETF (DE) | 0.51% | 2.6B |
Assets are shown in each fund's own reporting currency.
How to invest in EXA1 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 EXA1 and buy
Find the fund by its ticker, EXA1, on Euronext Amsterdam, and place your order.
Why invest in EXA1 from India
What EXA1 holds
This exchange-traded fund aims to replicate the performance of a benchmark index, which is composed of companies operating within the banking sector of the Eurozone.
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 EXA1 from India?
Yes. Indian residents can buy iShares EURO STOXX Banks 30-15 UCITS ETF DE (EXA1) through Paasa. It is listed on Euronext Amsterdam 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 EXA1 invest in?
iShares EURO STOXX Banks 30-15 UCITS ETF DE holds 33 securities. Its largest holdings are BANCO SANTANDER (14.0%), BANCO BILBAO VIZCAYA ARGENTARIA SA (10.2%) and UNICREDIT (9.1%). The fund is domiciled in Germany.
What is the expense ratio of EXA1?
iShares EURO STOXX Banks 30-15 UCITS ETF DE has an expense ratio of 0.51% a year, taken from the fund's assets rather than billed to you. The fund manages about €254.9M.
What tax do I pay in India when I sell EXA1?
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.