XETRA · UCITS ETF
Invest in SC0R ETF from India
Indian and foreign residents can buy Invesco STOXX Europe 600 Optimised Travel & Leisure UCITS ETF (SC0R) units directly through Paasa.
By Paasa · Updated
SC0R at a glance
- Price
- €304.20-€0.15 (0.05%)
- Expense ratio
- 0.2%
- Day range
- €300.10 – €304.20
- Assets
- €6.3M
- Domicile
- Ireland
- Holdings
- 12
- Launched
- 2009
- Dividends
- —
- 1 month
- +9.03%
- 6 months
- +22.79%
- YTD
- +10.10%
- 1 year
- +15.86%
- 5 years
- +24.34%
Price change, excluding dividends.
Top 10 holdings
- 1INTERCONTINENTAL HOTELS GROUP ORD19.1%
- 2RYANAIR HOLDINGS ORD15.9%
- 3INTL CONSOLIDATED AIRLINES GROUP ORD13.0%
- 4ACCOR ORD10.2%
- 5EVOLUTION ORD9.1%
- 6LOTTOMATICA ORD6.3%
- 7WHITBREAD ORD6.0%
- 8DEUTSCHE LUFTHANSA ORD4.9%
- 9SODEXO ORD4.5%
- 10ENTAIN ORD3.9%
SC0R holds 12 securities in total. These 10 are 93.0% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical56.7%
- Industrials43.3%
Countries
- United Kingdom44.8%
- Ireland16.5%
- France14.7%
- Germany9.0%
- Sweden8.4%
- Italy6.5%
How to invest in SC0R 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 SC0R and buy
Find the fund by its ticker, SC0R, on XETRA, and place your order.
Why invest in SC0R from India
What SC0R holds
The Fund's core purpose is to closely track the net total return performance of its benchmark, the STOXX Europe 600 Optimised Travel & Leisure Index.
Outside US estate tax
SC0R is domiciled in Ireland, 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 SC0R's UCITS structure matters for Indian investors
SC0R is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy SC0R from India?
Yes. Indian residents can buy Invesco STOXX Europe 600 Optimised Travel & Leisure UCITS ETF (SC0R) 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 SC0R invest in?
Invesco STOXX Europe 600 Optimised Travel & Leisure UCITS ETF holds 12 securities. Its largest holdings are INTERCONTINENTAL HOTELS GROUP ORD (19.1%), RYANAIR HOLDINGS ORD (15.9%) and INTL CONSOLIDATED AIRLINES GROUP ORD (13.0%). Consumer Cyclical is its largest sector at 56.7%. The fund is domiciled in Ireland.
What is the expense ratio of SC0R?
Invesco STOXX Europe 600 Optimised Travel & Leisure 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 €6.3M.
Is SC0R a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco STOXX Europe 600 Optimised Travel & Leisure UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell SC0R?
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.