XETRA · UCITS ETF
Invest in SELD ETF from India
Indian and foreign residents can buy Amundi Stoxx Europe Select Dividend 30 - UCITS ETF (SELD) units directly through Paasa.
By Paasa · Updated
SELD at a glance
- Price
- €24.84+€0.09 (0.36%)
- Expense ratio
- 0.3%
- Day range
- €24.84 – €24.89
- Assets
- €608.3M
- Domicile
- Luxembourg
- Holdings
- 39
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -1.33%
- 6 months
- +20.21%
- YTD
- +20.97%
- 1 year
- +23.93%
- 5 years
- +47.65%
Price change, excluding dividends.
Top 10 holdings
- 1NOVO NORDISK A/S-B8.9%
- 2EDP SA8.5%
- 3D IETEREN GROUP6.2%
- 4AIRBUS SE PARIS4.4%
- 5ANHEUSER-BUSCH INBEV SA/NV BRUXELLES4.3%
- 6ASML HOLDING NV4.0%
- 7WARTSILA OYJ3.9%
- 8SAMPO OYJ-A SHS3.6%
- 9ORSTED A/S3.2%
- 10COCA-COLA CO/THE3.1%
SELD holds 39 securities in total. These 10 are 50.0% of the fund.
Where the money is invested
Sectors
- Financial Services18.0%
- Technology17.0%
- Industrials14.5%
- Consumer Cyclical13.1%
- Utilities11.6%
- Consumer Defensive10.4%
Countries
- United States19.6%
- Denmark19.6%
- Sweden13.2%
- Belgium12.8%
- Netherlands12.8%
- Finland10.0%
How to invest in SELD 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 SELD and buy
Find the fund by its ticker, SELD, on XETRA, and place your order.
Why invest in SELD from India
What SELD holds
The Amundi Stoxx Europe Select Dividend 30 - UCITS ETF Dist is structured to replicate the performance of the STOXX Europe Select Dividend 30 Index (the "Index") with the highest possible accuracy, in both bullish and bearish market conditions. The fund's target is to ensure that its tracking error, relative to the Index, remains below 1% under typical circumstances.
Outside US estate tax
SELD 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 SELD's UCITS structure matters for Indian investors
SELD 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 SELD from India?
Yes. Indian residents can buy Amundi Stoxx Europe Select Dividend 30 - UCITS ETF (SELD) 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 SELD invest in?
Amundi Stoxx Europe Select Dividend 30 - UCITS ETF holds 39 securities. Its largest holdings are NOVO NORDISK A/S-B (8.9%), EDP SA (8.5%) and D IETEREN GROUP (6.2%). Financial Services is its largest sector at 18.0%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of SELD?
Amundi Stoxx Europe Select Dividend 30 - 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 €608.3M.
Is SELD a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Stoxx Europe Select Dividend 30 - 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.
How are SELD dividends taxed in India?
Amundi Stoxx Europe Select Dividend 30 - 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 SELD?
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.