XETRA · ETF
Invest in EXX1 ETF from India
Indian and foreign residents can buy iShares EURO STOXX Banks 30-15 UCITS ETF DE (EXX1) units directly through Paasa.
By Paasa · Updated
EXX1 at a glance
- Price
- €30.82+€0.42 (1.36%)
- Expense ratio
- 0.51%
- Day range
- €30.76 – €30.98
- Assets
- €2.6B
- Domicile
- Germany
- Holdings
- 33
- Launched
- 2001
- Dividends
- Distributing
- 1 month
- +1.28%
- 6 months
- +34.41%
- YTD
- +19.13%
- 1 year
- +35.06%
- 5 years
- +214.17%
Price change, excluding dividends.
Top 10 holdings
- 1BANCO SANTANDERSAN.MC14.0%
- 2BANCO BILBAO VIZCAYA ARGENTARIA SABBVA.MC10.4%
- 3UNICREDITUCG.MI9.2%
- 4INTESA SANPAOLOISP.MI7.8%
- 5BNP PARIBAS SABNP.PA7.6%
- 6ING GROEPINGA.AS6.8%
- 7NORDEA BANKNDA-FI.HE4.5%
- 8DEUTSCHE BANK AGDBK.DE4.4%
- 9SOCIETE GENERALE SAGLE.PA3.9%
- 10CAIXABANK SACABK.MC3.4%
EXX1 holds 33 securities in total. These 10 are 72.1% of the fund.
Where the money is invested
Countries
- Spain30.3%
- Italy23.2%
- France13.3%
- Netherlands8.9%
- Germany5.7%
- Finland4.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EXA1AMSiShares EURO STOXX Banks 30-15 UCITS ETF (DE) | 0.51% | 253.7M |
Assets are shown in each fund's own reporting currency.
How to invest in EXX1 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 EXX1 and buy
Find the fund by its ticker, EXX1, on XETRA, and place your order.
Why invest in EXX1 from India
What EXX1 holds
This fund's core objective is to replicate the performance of a benchmark index. This index is specifically constructed from financial institutions operating within the Eurozone's banking 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 EXX1 from India?
Yes. Indian residents can buy iShares EURO STOXX Banks 30-15 UCITS ETF DE (EXX1) 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 EXX1 invest in?
iShares EURO STOXX Banks 30-15 UCITS ETF DE holds 33 securities. Its largest holdings are BANCO SANTANDER (14.0%), BANCO BILBAO VIZCAYA ARGENTARIA SA (10.4%) and UNICREDIT (9.2%). It is a distributing fund domiciled in Germany.
What is the expense ratio of EXX1?
iShares EURO STOXX Banks 30-15 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 €2.6B.
How are EXX1 dividends taxed in India?
iShares EURO STOXX Banks 30-15 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 EXX1?
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.