Amundi Pan Africa UCITS ETF Acc
Amundi Pan Africa UCITS ETF (XETRA: LGQM) is an exchange-traded fund listed on XETRA, trading at €15.20 (about ₹1,660 a unit) as of 25 Sep 2026, 11:35 AM ET. It has an expense ratio of 0.85% and holds 23 securities. Indian residents can buy LGQM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€15.06
Today's high
€15.23
52 week low
€12.69
52 week high
€16.85
LGQM opened at €15.12, closed previously at €15.15, and has traded between €12.69 and €16.85 over the past 52 weeks.
About
The Amundi Pan Africa UCITS ETF - Acc is designed to mirror the performance of its reference index, the SGI Pan Africa Index EUR Net TR, adhering to UCITS standards. This underlying index gauges the financial returns of the 30 largest companies that are either listed in Africa or whose primary operations involve African assets. Its structure ensures equal weighting across three distinct geographical segments: South Africa; North Africa (encompassing Morocco and Egypt); and Sub-Saharan Africa (excluding South Africa), with individual constituent caps set at 10% to prevent overconcentration. Standard & Poor's is responsible for the calculation and dissemination of the SGI Pan Africa Index EUR Net TR, while Société Générale conducts a semi-annual review of its component stocks. Amundi's ETFs, generally, function as efficient, exchange-listed investment instruments, offering investors transparent, highly liquid, and cost-effective exposure to their respective benchmark indices.
Key statistics
Expense ratio
0.85%
Assets (AUM)
€108.5M
Holdings
23
NAV
€15.15
Avg. volume
—
1-year price change
+16.13%
5-year price change
+73.74%
Price change excludes dividends.
Top 10 holdings
LGQM holds 23 securities in total. These 10 are 56.4% of the fund.
Where the money is invested
Sectors
Countries
How to buy LGQM from India
Indian residents can buy LGQM units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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.
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.
Search LGQM and buy
Find the fund by its ticker, LGQM, on XETRA, and place your order.
Read the full guide: how to invest in LGQM from India
Trading and taxes when buying LGQM from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the LGQM price today?
Amundi Pan Africa UCITS ETF (LGQM) last traded at €15.20 on XETRA, as of 25 Sep 2026, 11:35 AM ET. That is ₹1,660 a unit at the 26 Sep 2026 EUR/INR rate.
When does LGQM trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is LGQM, and what does it cost to hold?
Amundi Pan Africa UCITS ETF manages about €108.5M. Its expense ratio is 0.85% a year, deducted inside the fund. It launched in 2016.
Is LGQM a UCITS ETF?
Yes. Amundi Pan Africa UCITS ETF is a UCITS fund domiciled in Luxembourg, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on XETRA and trades in EUR.
What are LGQM's largest holdings?
The top three are MICROSOFT CORP (8.0%), APPLE INC (7.6%) and AMAZON.COM INC (6.6%). LGQM's 10 largest positions make up 56.4% of the fund.
Is LGQM subject to US estate tax?
No. Because LGQM is domiciled in Luxembourg rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is LGQM accumulating or distributing?
Accumulating. 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.
How are gains on LGQM taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has LGQM performed?
LGQM's price is up 16.1% over the past year and up 73.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is LGQM different from a US-listed ETF?
LGQM is domiciled in Luxembourg rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.