XETRA · ETF
Invest in MD4X ETF from India
Indian and foreign residents can buy Amundi MDAX UCITS ETF (MD4X) units directly through Paasa.
By Paasa · Updated
MD4X at a glance
- Price
- €145.72+€0.56 (0.39%)
- Expense ratio
- 0.2%
- Day range
- €145.72 – €145.92
- Assets
- €169.3M
- Domicile
- France
- Holdings
- 29
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -6.11%
- 6 months
- +11.82%
- YTD
- +0.86%
- 1 year
- +0.82%
- 5 years
- -17.17%
Price change, excluding dividends.
Top 10 holdings
- 1THYSSEN KRUPP AG5.0%
- 2DEUTSCHE LUFTHANSA NOMINATIVE4.9%
- 3TALANX AG4.8%
- 4KNORR-BREME AG4.7%
- 5SARTORIUS PFD4.3%
- 6EVONIK INDUSTRIES AG3.4%
- 7DR ING HC F PORSCHE AG3.3%
- 8NORDEX SE3.3%
- 9HENSOLDT AG3.0%
- 10AIXTRON SE2.6%
MD4X holds 29 securities in total. These 10 are 39.3% of the fund.
Where the money is invested
Sectors
- Industrials38.2%
- Consumer Cyclical19.9%
- Technology7.9%
- Communication Services7.7%
- Financial Services7.5%
- Basic Materials6.7%
Countries
- Germany96.3%
- United States2.6%
- Luxembourg0.8%
- Other0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DEAMLSEInvesco MDAX UCITS ETF | 0.19% | 810.0M |
| ELF1XETRADeka MDAX UCITS ETF | 0.3% | 365.8M |
Assets are shown in each fund's own reporting currency.
How to invest in MD4X 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 MD4X and buy
Find the fund by its ticker, MD4X, on XETRA, and place your order.
Why invest in MD4X from India
What MD4X holds
This Amundi exchange-traded fund, adhering to UCITS standards, is engineered to replicate the performance of its designated benchmark, the MDAX PERF INDEX. The MDAX PERF INDEX is a capitalization-weighted indicator that gauges the performance shifts of the 50 mid-sized companies possessing the highest adjusted 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 MD4X from India?
Yes. Indian residents can buy Amundi MDAX UCITS ETF (MD4X) 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 MD4X invest in?
Amundi MDAX UCITS ETF holds 29 securities. Its largest holdings are THYSSEN KRUPP AG (5.0%), DEUTSCHE LUFTHANSA NOMINATIVE (4.9%) and TALANX AG (4.8%). Industrials is its largest sector at 38.2%. It is a distributing fund domiciled in France.
What is the expense ratio of MD4X?
Amundi MDAX UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €169.3M.
How are MD4X dividends taxed in India?
Amundi MDAX UCITS ETF 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 MD4X?
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.