XETRA · ETF
Invest in EXX7 ETF from India
Indian and foreign residents can buy iShares Nikkei 225 UCITS ETF DE (EXX7) units directly through Paasa.
By Paasa · Updated
EXX7 at a glance
- Price
- €34.47-€0.45 (1.29%)
- Expense ratio
- 0.51%
- Day range
- €34.31 – €34.96
- Assets
- €244.9M
- Domicile
- Germany
- Holdings
- 225
- Launched
- 2006
- Dividends
- Distributing
- 1 month
- -9.85%
- 6 months
- +0.75%
- YTD
- +24.60%
- 1 year
- +21.83%
- 5 years
- +50.77%
Price change, excluding dividends.
Top 10 holdings
- 1FAST RETAILING10.6%
- 2ADVANTEST10.6%
- 3TOKYO ELECTRON7.7%
- 4SOFTBANK GROUP CORP4.9%
- 5RECRUIT HOLDINGS2.8%
- 6TDK1.9%
- 7KDDI1.9%
- 8SHIN ETSU CHEMICAL1.6%
- 9KONAMI GROUP1.6%
- 10FANUC CORP1.5%
EXX7 holds 225 securities in total. These 10 are 45.0% of the fund.
Where the money is invested
Sectors
- Information Technology31.1%
- Consumer Discretionary19.8%
- Industrials18.1%
- Communication10.1%
- Health Care6.9%
- Materials4.3%
Countries
- Japan100.0%
How to invest in EXX7 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 EXX7 and buy
Find the fund by its ticker, EXX7, on XETRA, and place your order.
Why invest in EXX7 from India
What EXX7 holds
The purpose of this fund is to mirror the performance of a specific index. This index focuses on 225 Japanese companies that are chosen based on their high trading activity within the first section of the Tokyo Stock 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 EXX7 from India?
Yes. Indian residents can buy iShares Nikkei 225 UCITS ETF DE (EXX7) 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 EXX7 invest in?
iShares Nikkei 225 UCITS ETF DE holds 225 securities. Its largest holdings are FAST RETAILING (10.6%), ADVANTEST (10.6%) and TOKYO ELECTRON (7.7%). Information Technology is its largest sector at 31.1%. It is a distributing fund domiciled in Germany.
What is the expense ratio of EXX7?
iShares Nikkei 225 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 €244.9M.
How are EXX7 dividends taxed in India?
iShares Nikkei 225 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 EXX7?
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.