XETRA · ETF
Invest in EXH9 ETF from India
Indian and foreign residents can buy iShares STOXX Europe 600 Utilities UCITS ETF DE (EXH9) units directly through Paasa.
By Paasa · Updated
EXH9 at a glance
- Price
- €60.41+€0.47 (0.78%)
- Expense ratio
- 0.46%
- Day range
- €59.98 – €60.41
- Assets
- €897.2M
- Domicile
- Germany
- Holdings
- 29
- Launched
- 2002
- Dividends
- Distributing
- 1 month
- +7.30%
- 6 months
- +5.83%
- YTD
- +19.91%
- 1 year
- +20.27%
- 5 years
- +55.38%
Price change, excluding dividends.
Top 10 holdings
- 1IBERDROLA21.9%
- 2NATIONAL GRID PLC11.9%
- 3ENEL11.6%
- 4ENGIE SA7.4%
- 5E.ON N6.4%
- 6RWE AG6.3%
- 7SSE PLC5.9%
- 8VEOLIA ENVIRON. SA3.5%
- 9EDP ENERGIAS DE PORTUGAL2.3%
- 10NATURGY ENERGY GROUP SA2.2%
EXH9 holds 29 securities in total. These 10 are 79.4% of the fund.
Where the money is invested
Countries
- Spain27.4%
- United Kingdom24.3%
- Italy15.6%
- Germany12.7%
- France10.7%
- Portugal2.3%
How to invest in EXH9 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 EXH9 and buy
Find the fund by its ticker, EXH9, on XETRA, and place your order.
Why invest in EXH9 from India
What EXH9 holds
This investment vehicle aims to replicate the returns generated by a specific benchmark index. This index is entirely comprised of businesses operating within the European utilities industry.
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 EXH9 from India?
Yes. Indian residents can buy iShares STOXX Europe 600 Utilities UCITS ETF DE (EXH9) 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 EXH9 invest in?
iShares STOXX Europe 600 Utilities UCITS ETF DE holds 29 securities. Its largest holdings are IBERDROLA (21.9%), NATIONAL GRID PLC (11.9%) and ENEL (11.6%). It is a distributing fund domiciled in Germany.
What is the expense ratio of EXH9?
iShares STOXX Europe 600 Utilities 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 €897.2M.
How are EXH9 dividends taxed in India?
iShares STOXX Europe 600 Utilities 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 EXH9?
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.