XETRA · ETF
Invest in EXID ETF from India
Indian and foreign residents can buy iShares MDAX UCITS ETF DE (EXID) units directly through Paasa.
By Paasa · Updated
EXID at a glance
- Price
- €4.26+€0.01 (0.14%)
- Expense ratio
- 0.51%
- Day range
- €4.25 – €4.26
- Assets
- €31.7M
- Domicile
- Germany
- Holdings
- 50
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -7.28%
- 6 months
- +9.97%
- YTD
- -0.56%
- 1 year
- +1.33%
- 5 years
- -18.00%
Price change, excluding dividends.
Top 10 holdings
- 1DEUTSCHE LUFTHANSA AGLHA.DE4.9%
- 2TALANX AGTLX.DE4.8%
- 3THYSSENKRUPP AGTKA.DE4.8%
- 4KNORR BREMSE AGKBX.DE4.7%
- 5SARTORIUS PREF AGSRT3.DE4.5%
- 6DR ING HC F PORSCHE PRF AGP911.DE3.3%
- 7NORDEXNDX1.DE3.2%
- 8EVONIK INDUSTRIES AGEVK.DE3.2%
- 9HENSOLDT AGHAG.DE3.0%
- 10AIXTRONALD.DE2.7%
EXID holds 50 securities in total. These 10 are 39.1% of the fund.
Where the money is invested
Sectors
- Industrials32.6%
- Consumer Cyclical23.4%
- Technology12.0%
- Basic Materials9.2%
- Financial Services8.2%
- Communication Services6.0%
Countries
- Germany96.4%
- United States2.6%
- Luxembourg0.8%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EXS3XETRAiShares MDAX UCITS ETF (DE) | 0.51% | 1.4B |
Assets are shown in each fund's own reporting currency.
How to invest in EXID 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 EXID and buy
Find the fund by its ticker, EXID, on XETRA, and place your order.
Why invest in EXID from India
What EXID holds
This fund aims to replicate the returns of an index. That index comprises 50 German companies with a mid-market capitalization.
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 EXID from India?
Yes. Indian residents can buy iShares MDAX UCITS ETF DE (EXID) 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 EXID invest in?
iShares MDAX UCITS ETF DE holds 50 securities. Its largest holdings are DEUTSCHE LUFTHANSA AG (4.9%), TALANX AG (4.8%) and THYSSENKRUPP AG (4.8%). Industrials is its largest sector at 32.6%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EXID?
iShares MDAX 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 €31.7M.
How are EXID dividends taxed in India?
iShares MDAX 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 EXID?
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.