London Stock Exchange ETF segment · UCITS ETF
Invest in SDEU ETF from India
Indian and foreign residents can buy iShares Germany Govt Bond UCITS ETF (SDEU) units directly through Paasa.
By Paasa · Updated
SDEU at a glance
- Price
- £97.75-£0.06 (0.06%)
- Expense ratio
- 0.2%
- Day range
- £97.56 – £97.75
- Assets
- £126.9M
- Domicile
- Ireland
- Holdings
- 68
- Launched
- 2012
- Dividends
- Distributing
- 1 month
- -1.31%
- 6 months
- -5.05%
- YTD
- -5.41%
- 1 year
- -6.62%
- 5 years
- -21.17%
Price change, excluding dividends.
Top 10 holdings
- 1GERMANY (FEDERAL REPUBLIC OF) RegS 0.00% 11/15/2027 (DBR)3.9%
- 2GERMANY (FEDERAL REPUBLIC OF) RegS 2.90% 02/15/2036 (DBR)3.8%
- 3GERMANY (FEDERAL REPUBLIC OF) RegS 2.30% 02/15/2033 (DBR)3.4%
- 4GERMANY (FEDERAL REPUBLIC OF) RegS 2.50% 04/16/2031 (OBL)3.3%
- 5BUNDESREPUBLIK DEUTSCHLAND RegS 4.00% 01/04/2037 (DBR)2.9%
- 6GERMANY (FEDERAL REPUBLIC OF) 2.20% 10/10/2030 (OBL)2.9%
- 7GERMANY (FEDERAL REPUBLIC OF) RegS 0.00% 08/15/2030 (DBR)2.8%
- 8GERMANY (FEDERAL REPUBLIC OF) RegS 2.60% 08/15/2033 (DBR)2.8%
- 9GERMANY (FEDERAL REPUBLIC OF) RegS 2.60% 08/15/2035 (DBR)2.7%
- 10GERMANY (FEDERAL REPUBLIC OF) RegS 0.25% 02/15/2029 (DBR)2.7%
SDEU holds 68 securities in total. These 10 are 31.2% of the fund.
Where the money is invested
Sectors
- Government99.9%
- Corporate0.0%
Countries
- Germany99.9%
- Ireland0.0%
- Other0.0%
- United Kingdom0.0%
How to invest in SDEU 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 GBP when you buy.
Step 3
Search SDEU and buy
Find the fund by its ticker, SDEU, on the London Stock Exchange ETF segment, and place your order.
Why invest in SDEU from India
What SDEU holds
This ETF aims to replicate the performance of a benchmark index, which is comprised solely of debt instruments issued by the German government.
Outside US estate tax
SDEU 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 SDEU's UCITS structure matters for Indian investors
SDEU is domiciled in Ireland, 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 SDEU from India?
Yes. Indian residents can buy iShares Germany Govt Bond UCITS ETF (SDEU) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 SDEU invest in?
iShares Germany Govt Bond UCITS ETF holds 68 securities. Its largest holdings are GERMANY (FEDERAL REPUBLIC OF) RegS 0.00% 11/15/2027 (DBR) (3.9%), GERMANY (FEDERAL REPUBLIC OF) RegS 2.90% 02/15/2036 (DBR) (3.8%) and GERMANY (FEDERAL REPUBLIC OF) RegS 2.30% 02/15/2033 (DBR) (3.4%). Corporate is its largest sector at 0.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of SDEU?
iShares Germany Govt Bond 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 £126.9M.
Is SDEU a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Germany Govt Bond 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.
How are SDEU dividends taxed in India?
iShares Germany Govt Bond 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 SDEU?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the GBP/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.