XETRA · ETF
Invest in EXV7 ETF from India
Indian and foreign residents can buy iShares STOXX Europe 600 Chemicals UCITS ETF DE (EXV7) units directly through Paasa.
By Paasa · Updated
EXV7 at a glance
- Price
- €126.18+€0.32 (0.25%)
- Expense ratio
- 0.46%
- Day range
- €125.44 – €126.80
- Assets
- €92.1M
- Domicile
- Germany
- Holdings
- 18
- Launched
- 2002
- Dividends
- Distributing
- 1 month
- -1.48%
- 6 months
- +10.20%
- YTD
- +14.92%
- 1 year
- +11.82%
- 5 years
- +0.81%
Price change, excluding dividends.
Top 10 holdings
- 1LAIR LIQUIDE SOCIETE ANONYME POUR30.0%
- 2BASF N14.0%
- 3GIVAUDAN SA13.0%
- 4SYMRISE AG5.8%
- 5HENKEL & KGAA PREF AG5.2%
- 6AKZO NOBEL4.5%
- 7BRENNTAG3.2%
- 8YARA INTERNATIONAL3.1%
- 9EMS-CHEMIE HOLDING AG2.8%
- 10IMCD NV2.7%
EXV7 holds 18 securities in total. These 10 are 84.3% of the fund.
Where the money is invested
Sectors
- Basic Materials92.1%
- Consumer Defensive5.5%
- Industrials2.4%
Countries
- Germany33.6%
- France31.7%
- Switzerland15.7%
- Netherlands7.1%
- Belgium4.7%
- United Kingdom3.9%
How to invest in EXV7 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 EXV7 and buy
Find the fund by its ticker, EXV7, on XETRA, and place your order.
Why invest in EXV7 from India
What EXV7 holds
The primary objective of this Fund is to replicate the investment performance of an underlying index. This index is composed of companies that operate within the European chemical 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 EXV7 from India?
Yes. Indian residents can buy iShares STOXX Europe 600 Chemicals UCITS ETF DE (EXV7) 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 EXV7 invest in?
iShares STOXX Europe 600 Chemicals UCITS ETF DE holds 18 securities. Its largest holdings are LAIR LIQUIDE SOCIETE ANONYME POUR (30.0%), BASF N (14.0%) and GIVAUDAN SA (13.0%). Basic Materials is its largest sector at 92.1%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EXV7?
iShares STOXX Europe 600 Chemicals 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 €92.1M.
How are EXV7 dividends taxed in India?
iShares STOXX Europe 600 Chemicals 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 EXV7?
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.