London Stock Exchange ETF segment · UCITS ETF
Invest in S6EW ETF from India
Indian and foreign residents can buy Ossiam STOXX Europe 600 Equal Weight NR UCITS ETF (S6EW) units directly through Paasa.
By Paasa · Updated
S6EW at a glance
- Price
- €153.54-€1.89 (1.22%)
- Expense ratio
- 0.3%
- Day range
- €153.33 – €154.86
- Assets
- €202.8M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2011
- Dividends
- —
- 1 month
- -2.96%
- 6 months
- +7.91%
- YTD
- +6.68%
- 1 year
- +11.33%
- 5 years
- +28.98%
Price change, excluding dividends.
Top 10 holdings
- 1AT&S Austria Technologie & Sys0.3%
- 2Kingfisher PLC0.3%
- 3Smiths Group PLC0.3%
- 4Persimmon PLC0.3%
- 5Barratt Redrow PLC0.2%
- 6Givaudan SA0.2%
- 7LPP SA0.2%
- 8Swedbank AB0.2%
- 9SOITEC0.2%
- 10Swiss Re AG0.2%
These 10 are 2.5% of the fund.
Where the money is invested
Sectors
- Industrials23.3%
- Financial Services21.4%
- Consumer Cyclical10.4%
- Healthcare8.1%
- Basic Materials7.5%
- Consumer Defensive7.5%
Countries
- United Kingdom20.5%
- France11.7%
- Germany11.1%
- Switzerland10.3%
- Sweden8.5%
- Italy6.0%
How to invest in S6EW 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 S6EW and buy
Find the fund by its ticker, S6EW, on the London Stock Exchange ETF segment, and place your order.
Why invest in S6EW from India
What S6EW holds
The OSSIAM STOXX EUROPE 600 EQUAL WEIGHT NR fund's primary goal is to closely match the financial returns of the STOXX EUROPE 600 EQUAL WEIGHT Index Net Return EUR, specifically its end-of-day valuation. This aim is considered before the deduction of any associated fund fees and expenses.
Outside US estate tax
S6EW is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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.
Why S6EW's UCITS structure matters for Indian investors
S6EW is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy S6EW from India?
Yes. Indian residents can buy Ossiam STOXX Europe 600 Equal Weight NR UCITS ETF (S6EW) through Paasa. It is listed on the London Stock Exchange ETF segment 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 S6EW invest in?
Its largest holdings are AT&S Austria Technologie & Sys (0.3%), Kingfisher PLC (0.3%) and Smiths Group PLC (0.3%). Industrials is its largest sector at 23.3%. The fund is domiciled in Luxembourg.
What is the expense ratio of S6EW?
Ossiam STOXX Europe 600 Equal Weight NR UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about €202.8M.
Is S6EW a UCITS ETF, and why does that matter for Indian investors?
Yes. Ossiam STOXX Europe 600 Equal Weight NR UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
What tax do I pay in India when I sell S6EW?
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.