XETRA · ETF
Invest in EXH2 ETF from India
Indian and foreign residents can buy iShares STOXX Europe 600 Financial Services UCITS ETF DE (EXH2) units directly through Paasa.
By Paasa · Updated
EXH2 at a glance
- Price
- €92.80-€0.36 (0.39%)
- Expense ratio
- 0.46%
- Day range
- €92.80 – €93.91
- Assets
- €98.2M
- Domicile
- Germany
- Holdings
- 38
- Launched
- 2002
- Dividends
- Distributing
- 1 month
- -7.75%
- 6 months
- +13.75%
- YTD
- +3.29%
- 1 year
- +8.59%
- 5 years
- +35.59%
Price change, excluding dividends.
Top 10 holdings
- 1UBS GROUP AG24.6%
- 2INVESTOR CLASS B12.3%
- 3DEUTSCHE BOERSE AG10.1%
- 4LONDON STOCK EXCHANGE GROUP PLC8.5%
- 53I GROUP PLC5.5%
- 6EQT4.0%
- 7POSTE ITALIANE3.3%
- 8JULIUS BAER GRUPPE AG2.9%
- 9PARTNERS GROUP HOLDING AG2.7%
- 10EURONEXT NV2.3%
EXH2 holds 38 securities in total. These 10 are 76.2% of the fund.
Where the money is invested
Sectors
- Financial Services96.2%
- Industrials3.8%
Countries
- Switzerland31.5%
- United Kingdom23.3%
- Sweden19.5%
- Germany10.5%
- Italy5.1%
- Netherlands3.6%
How to invest in EXH2 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 EXH2 and buy
Find the fund by its ticker, EXH2, on XETRA, and place your order.
Why invest in EXH2 from India
What EXH2 holds
The primary aim of this fund is to mirror the performance of an index specifically comprised of enterprises from the European financial sector.
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 EXH2 from India?
Yes. Indian residents can buy iShares STOXX Europe 600 Financial Services UCITS ETF DE (EXH2) 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 EXH2 invest in?
iShares STOXX Europe 600 Financial Services UCITS ETF DE holds 38 securities. Its largest holdings are UBS GROUP AG (24.6%), INVESTOR CLASS B (12.3%) and DEUTSCHE BOERSE AG (10.1%). Financial Services is its largest sector at 96.2%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EXH2?
iShares STOXX Europe 600 Financial Services UCITS ETF DE has an expense ratio of 0.46% a year, taken from the fund's assets rather than billed to you. The fund manages about €98.2M.
How are EXH2 dividends taxed in India?
iShares STOXX Europe 600 Financial Services UCITS ETF DE 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 EXH2?
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.