SIX Swiss Exchange · ETF
Invest in SRECHA ETF from India
Indian and foreign residents can buy UBS ETF CH – SXI Real Estate Funds (SRECHA) units directly through Paasa.
By Paasa · Updated
SRECHA at a glance
- Price
- CHF 10.24+CHF 0.04 (0.43%)
- Expense ratio
- 1.1%
- Day range
- CHF 10.15 – CHF 10.28
- Assets
- CHF 1.1B
- Domicile
- Switzerland
- Holdings
- 1
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- -2.35%
- 6 months
- +0.73%
- YTD
- -4.35%
- 1 year
- +0.73%
- 5 years
- -0.83%
Price change, excluding dividends.
Where the money is invested
Sectors
- Financial Services44.0%
- Consumer Defensive23.7%
- Basic Materials13.6%
- Healthcare12.7%
- Energy4.5%
- Technology1.4%
Countries
- Switzerland99.6%
- Other0.4%
How to invest in SRECHA 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 CHF when you buy.
Step 3
Search SRECHA and buy
Find the fund by its ticker, SRECHA, on the SIX Swiss Exchange, and place your order.
Why invest in SRECHA from India
What SRECHA holds
The fund invests in real estate funds contained in the SXI Real Estate Funds Broad Total Return. The relative weightings of the funds correspond to their weightings in the index
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 SRECHA from India?
Yes. Indian residents can buy UBS ETF CH – SXI Real Estate Funds (SRECHA) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 SRECHA invest in?
UBS ETF CH – SXI Real Estate Funds holds 1 security. Financial Services is its largest sector at 44.0%. It is a distributing fund domiciled in Switzerland.
What is the expense ratio of SRECHA?
UBS ETF CH – SXI Real Estate Funds has an expense ratio of 1.1% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 1.1B.
How are SRECHA dividends taxed in India?
UBS ETF CH – SXI Real Estate Funds 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 SRECHA?
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 CHF/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.