Paasa Logo

XETRA · ETF

Invest in SXRP ETF from India

Indian and foreign residents can buy iShares VII PLC - iShares € Govt Bond 3-7yr ETF (SXRP) units directly through Paasa.

By Paasa · Updated

SXRP at a glance

Price
€130.43-€0.24 (0.18%)
Expense ratio
0.15%
Day range
€130.27 – €130.83
Assets
€1.4B
Domicile
Ireland
Holdings
72
Launched
2009
Dividends
Accumulating
1 month
-1.73%
6 months
-1.97%
YTD
-2.60%
1 year
-2.31%
5 years
-5.84%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1FRANCE (REPUBLIC OF) RegS 2.75% 02/25/2030 (FRTR)3.4%
  2. 2FRANCE (REPUBLIC OF) 2.70% 02/25/2031 (FRTR)3.4%
  3. 3FRANCE (REPUBLIC OF) 2.00% 11/25/2032 (FRTR)3.2%
  4. 4FRANCE (REPUBLIC OF) RegS 0.00% 11/25/2030 (FRTR)3.0%
  5. 5FRANCE (REPUBLIC OF) RegS 0.00% 11/25/2031 (FRTR)2.8%
  6. 6FRANCE (REPUBLIC OF) 3.00% 05/25/2033 (FRTR)2.7%
  7. 7FRANCE (REPUBLIC OF) RegS 0.00% 11/25/2029 (FRTR)2.6%
  8. 8FRANCE (REPUBLIC OF) RegS 0.00% 05/25/2032 (FRTR)2.3%
  9. 9GERMANY (FEDERAL REPUBLIC OF) RegS 2.50% 04/16/2031 (OBL)2.1%
  10. 10GERMANY (FEDERAL REPUBLIC OF) RegS 2.30% 02/15/2033 (DBR)2.1%

SXRP holds 72 securities in total. These 10 are 27.6% of the fund.

Where the money is invested

Countries

  • Germany26.7%
  • Italy26.6%
  • France24.6%
  • Spain16.5%
  • Netherlands4.7%
  • Other0.9%

Similar funds

FundExpense ratioAssets
CE71LSEiShares VII PLC - iShares € Govt Bond 3-7yr ETF EUR Acc0.15%1.2B

Assets are shown in each fund's own reporting currency.

How to invest in SXRP from India

  1. 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.

  2. 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.

  3. Step 3

    Search SXRP and buy

    Find the fund by its ticker, SXRP, on XETRA, and place your order.

Why invest in SXRP from India

What SXRP holds

This fund aims to replicate the returns of a specific benchmark index. That index is constructed from government debt instruments issued by nations within the Eurozone, all of which possess an investment-grade credit rating.

Dividends reinvested for you

Dividends from SXRP's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

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 SXRP from India?

Yes. Indian residents can buy iShares VII PLC - iShares € Govt Bond 3-7yr ETF (SXRP) 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 SXRP invest in?

iShares VII PLC - iShares € Govt Bond 3-7yr ETF holds 72 securities. Its largest holdings are FRANCE (REPUBLIC OF) RegS 2.75% 02/25/2030 (FRTR) (3.4%), FRANCE (REPUBLIC OF) 2.70% 02/25/2031 (FRTR) (3.4%) and FRANCE (REPUBLIC OF) 2.00% 11/25/2032 (FRTR) (3.2%). It is an accumulating fund domiciled in Ireland.

What is the expense ratio of SXRP?

iShares VII PLC - iShares € Govt Bond 3-7yr 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 €1.4B.

Does SXRP pay dividends?

No. iShares VII PLC - iShares € Govt Bond 3-7yr ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.

What tax do I pay in India when I sell SXRP?

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 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.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you