XETRA · UCITS ETF
Invest in STXH ETF from India
Indian and foreign residents can buy Amundi Core Stoxx Europe 600 UCITS ETF (STXH) units directly through Paasa.
By Paasa · Updated
STXH at a glance
- Price
- €167.26+€1.00 (0.60%)
- Expense ratio
- 0.15%
- Day range
- €167.04 – €167.26
- Assets
- €21.4B
- Domicile
- Luxembourg
- Holdings
- 612
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -1.72%
- 6 months
- +13.97%
- YTD
- +10.92%
- 1 year
- +15.32%
- 5 years
- +41.15%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV4.4%
- 2HSBC HOLDINGS PLC2.3%
- 3ROCHE HOLDING AG - GENUSSS CHF2.0%
- 4NOVARTIS AG-REG1.8%
- 5SHELL PLC EUR1.8%
- 6ASTRAZENECA GBP1.7%
- 7NESTLE SA-REG1.6%
- 8SIEMENS AG-REG1.5%
- 9BANCO SANTANDER SA MADRID1.4%
- 10SAP SE / XETRA1.4%
STXH holds 612 securities in total. These 10 are 19.9% of the fund.
Where the money is invested
Sectors
- Financial Services26.2%
- Industrials18.7%
- Healthcare12.0%
- Technology9.1%
- Consumer Defensive7.1%
- Consumer Cyclical6.2%
Countries
- United Kingdom21.6%
- Switzerland14.4%
- France13.6%
- Germany13.0%
- Netherlands9.5%
- Spain5.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XSX6LSEXtrackers Stoxx Europe 600 UCITS ETF 1C | 0.2% | 4.8B |
| S600LSEInvesco STOXX Europe 600 UCITS ETF | 0.19% | 436.9M |
| XSXEXETRAXtrackers Stoxx Europe 600 UCITS ETF 2C - EUR Hedged | 0.25% | 5.7B |
Assets are shown in each fund's own reporting currency.
How to invest in STXH 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 STXH and buy
Find the fund by its ticker, STXH, on XETRA, and place your order.
Why invest in STXH from India
What STXH holds
The Amundi Core Stoxx Europe 600 UCITS ETF EUR Hedged Dist is engineered to replicate the performance of the STOXX Europe 600 Hedged EUR Index with the greatest possible accuracy, whether markets are rising or falling. A primary objective is to minimize any disparity between the Sub-Fund's net asset value and the Index's returns.
Outside US estate tax
STXH 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 STXH's UCITS structure matters for Indian investors
STXH 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 STXH from India?
Yes. Indian residents can buy Amundi Core Stoxx Europe 600 UCITS ETF (STXH) 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 STXH invest in?
Amundi Core Stoxx Europe 600 UCITS ETF holds 612 securities. Its largest holdings are ASML HOLDING NV (4.4%), HSBC HOLDINGS PLC (2.3%) and ROCHE HOLDING AG - GENUSSS CHF (2.0%). Financial Services is its largest sector at 26.2%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of STXH?
Amundi Core Stoxx Europe 600 UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €21.4B.
Is STXH a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core Stoxx Europe 600 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 STXH dividends taxed in India?
Amundi Core Stoxx Europe 600 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 STXH?
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.