London Stock Exchange ETF segment · UCITS ETF
Invest in SRHE ETF from India
Indian and foreign residents can buy Amundi MSCI EMU SRI Climate Paris Aligned UCITS ETF DR C (SRHE) units directly through Paasa.
By Paasa · Updated
SRHE at a glance
- Price
- £91.18-£1.49 (1.60%)
- Expense ratio
- 0.18%
- Day range
- £91.18 – £92.05
- Assets
- £101.5M
- Domicile
- Luxembourg
- Holdings
- 70
- Launched
- 2020
- Dividends
- —
- 1 month
- -2.28%
- 6 months
- +7.26%
- YTD
- +6.60%
- 1 year
- +10.61%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV9.1%
- 2SCHNEIDER ELECT SE5.1%
- 3ING GROEP NV5.1%
- 4NOKIA OYJ HELSINKI5.0%
- 5AXA SA5.0%
- 6DASSAULT SYSTEMES SE4.5%
- 7DEUTSCHE BOERSE AG4.1%
- 8LEGRAND SA3.4%
- 9CAIXABANK SA3.3%
- 10HERMES INTERNATIONAL2.8%
SRHE holds 70 securities in total. These 10 are 47.4% of the fund.
Where the money is invested
Sectors
- Financial Services26.9%
- Technology20.3%
- Industrials19.7%
- Consumer Cyclical8.8%
- Healthcare7.8%
- Consumer Defensive5.4%
Countries
- France29.1%
- Netherlands24.2%
- Germany10.8%
- Finland10.1%
- Italy7.5%
- Spain7.2%
How to invest in SRHE 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 SRHE and buy
Find the fund by its ticker, SRHE, on the London Stock Exchange ETF segment, and place your order.
Why invest in SRHE from India
What SRHE holds
The Amundi MSCI EMU SRI Climate Paris Aligned - UCITS ETF DR is designed to meticulously track the returns of the MSCI EMU SRI filtered PAB Index ("the Index"), striving for the closest possible alignment whether the market is appreciating or depreciating. A core objective is also to minimize any divergence between the Sub-Fund's net asset value and the Index's performance.
Outside US estate tax
SRHE 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 SRHE's UCITS structure matters for Indian investors
SRHE 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 SRHE from India?
Yes. Indian residents can buy Amundi MSCI EMU SRI Climate Paris Aligned UCITS ETF DR C (SRHE) 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 SRHE invest in?
Amundi MSCI EMU SRI Climate Paris Aligned UCITS ETF DR C holds 70 securities. Its largest holdings are ASML HOLDING NV (9.1%), SCHNEIDER ELECT SE (5.1%) and ING GROEP NV (5.1%). Financial Services is its largest sector at 26.9%. The fund is domiciled in Luxembourg.
What is the expense ratio of SRHE?
Amundi MSCI EMU SRI Climate Paris Aligned UCITS ETF DR C has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about £101.5M.
Is SRHE a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI EMU SRI Climate Paris Aligned UCITS ETF DR C 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 SRHE?
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 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.