XETRA · ETF
Invest in EXI1 ETF from India
Indian and foreign residents can buy iShares SLI UCITS ETF DE (EXI1) units directly through Paasa.
By Paasa · Updated
EXI1 at a glance
- Price
- €165.18+€0.18 (0.11%)
- Expense ratio
- 0.51%
- Day range
- €165.00 – €166.34
- Assets
- €535.4M
- Domicile
- Germany
- Holdings
- 30
- Launched
- 2001
- Dividends
- Distributing
- 1 month
- -3.57%
- 6 months
- +8.90%
- YTD
- +3.37%
- 1 year
- +13.26%
- 5 years
- +37.95%
Price change, excluding dividends.
Top 10 holdings
- 1NOVARTIS AG9.5%
- 2ROCHE PS PAR AG9.0%
- 3ABB LTD9.0%
- 4NESTLE SA8.7%
- 5SWISS RE AG4.4%
- 6COMPAGNIE FINANCIERE RICHEMONT SA4.4%
- 7ZURICH INSURANCE GROUP AG4.3%
- 8LONZA GROUP AG4.2%
- 9UBS GROUP AG4.0%
- 10HOLCIM LTD AG3.7%
EXI1 holds 30 securities in total. These 10 are 61.3% of the fund.
Where the money is invested
Sectors
- Healthcare34.6%
- Financial Services20.1%
- Industrials17.0%
- Basic Materials11.2%
- Consumer Defensive9.8%
- Consumer Cyclical4.4%
Countries
- Switzerland98.1%
- United States1.7%
- Other0.2%
How to invest in EXI1 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 EXI1 and buy
Find the fund by its ticker, EXI1, on XETRA, and place your order.
Why invest in EXI1 from India
What EXI1 holds
This ETF aims to replicate the returns of an index comprising the thirty leading and most easily traded Swiss companies listed on the SIX Swiss Exchange.
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 EXI1 from India?
Yes. Indian residents can buy iShares SLI UCITS ETF DE (EXI1) 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 EXI1 invest in?
iShares SLI UCITS ETF DE holds 30 securities. Its largest holdings are NOVARTIS AG (9.5%), ROCHE PS PAR AG (9.0%) and ABB LTD (9.0%). Healthcare is its largest sector at 34.6%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EXI1?
iShares SLI 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 €535.4M.
How are EXI1 dividends taxed in India?
iShares SLI 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 EXI1?
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.