XETRA · UCITS ETF
Invest in XU61 ETF from India
Indian and foreign residents can buy BNP Paribas EASY ECPI Global ESG Infrastructure UCITS ETF (XU61) units directly through Paasa.
By Paasa · Updated
XU61 at a glance
- Price
- €99.72+€0.18 (0.18%)
- Expense ratio
- 0.31%
- Day range
- €99.72 – €100.10
- Assets
- €510.6M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2023
- Dividends
- —
- 1 month
- -2.27%
- 6 months
- +5.28%
- YTD
- +10.15%
- 1 year
- +16.88%
- 5 years
- +48.37%
Price change, excluding dividends.
Where the money is invested
Sectors
- Industrials37.2%
- Technology17.4%
- Real Estate14.9%
- Utilities13.8%
- Communication Services13.4%
- Healthcare1.2%
Countries
- United States38.0%
- Japan10.2%
- France9.3%
- Australia8.3%
- United Kingdom6.8%
- Spain5.8%
How to invest in XU61 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 XU61 and buy
Find the fund by its ticker, XU61, on XETRA, and place your order.
Why invest in XU61 from India
What XU61 holds
The investment objective of the Fund is to replicate the performance of the ECPI Global ESG Infrastructure Equity (NR) Index (the Index) (Bloomberg: GALPHGIN Index) while aiming to minimise the tracking error in between the Funds Net Asset Value and the Index.
Outside US estate tax
XU61 is domiciled in Ireland, 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 XU61's UCITS structure matters for Indian investors
XU61 is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy XU61 from India?
Yes. Indian residents can buy BNP Paribas EASY ECPI Global ESG Infrastructure UCITS ETF (XU61) 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 is the expense ratio of XU61?
BNP Paribas EASY ECPI Global ESG Infrastructure UCITS ETF has an expense ratio of 0.31% a year, taken from the fund's assets rather than billed to you. The fund manages about €510.6M.
Is XU61 a UCITS ETF, and why does that matter for Indian investors?
Yes. BNP Paribas EASY ECPI Global ESG Infrastructure UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell XU61?
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.