Amundi MSCI Europe Momentum Factor UCITS ETF - EUR (C)
Amundi MSCI Europe Momentum Factor UCITS ETF - C (XETRA: MJMT) is an exchange-traded fund listed on XETRA, trading at €150.84 (about ₹16,481 a unit) as of 28 Sep 2026, 11:35 AM ET. It has an expense ratio of 0.23% and holds 55 securities. Indian residents can buy MJMT through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€150.84
Today's high
€151.90
52 week low
€127.52
52 week high
€153.82
MJMT opened at €150.98, closed previously at €150.92, and has traded between €127.52 and €153.82 over the past 52 weeks.
About
The AMUNDI MSCI EUROPE MOMENTUM FACTOR UCITS ETF aims to closely mirror the returns of the MSCI Europe Momentum Index, regardless of whether market trends are upward or downward. This ETF offers investors a straightforward method to track an equity momentum approach that focuses on large and mid-capitalization companies across 15 developed European nations. These firms are chosen based on their strong price momentum over the preceding six and twelve months, taking into account the period before the most recent index rebalancing. The fund also prioritizes maintaining solid trading liquidity, adequate investment capacity, and controlled index turnover. Further details can be found in the fund's prospectus.
Key statistics
Expense ratio
0.23%
Assets (AUM)
€130.9M
Holdings
55
NAV
€150.58
Avg. volume
—
1-year price change
+14.88%
5-year price change
+72.66%
Price change excludes dividends.
Top 10 holdings
MJMT holds 55 securities in total. These 10 are 56.9% of the fund.
Where the money is invested
Sectors
Countries
How to buy MJMT from India
Indian residents can buy MJMT 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 MJMT and buy
Find the fund by its ticker, MJMT, on XETRA, and place your order.
Read the full guide: how to invest in MJMT from India
Trading and taxes when buying MJMT 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the MJMT price today?
Amundi MSCI Europe Momentum Factor UCITS ETF - C (MJMT) last traded at €150.84 on XETRA, as of 28 Sep 2026, 11:35 AM ET. That is ₹16,481 a unit at the 27 Sep 2026 EUR/INR rate.
When does MJMT 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 MJMT, and what does it cost to hold?
Amundi MSCI Europe Momentum Factor UCITS ETF - C manages about €130.9M. Its expense ratio is 0.23% a year, deducted inside the fund. It launched in 2018.
Is MJMT a UCITS ETF?
Yes. Amundi MSCI Europe Momentum Factor UCITS ETF - C 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 MJMT's largest holdings?
The top three are APPLE INC (8.9%), MICROSOFT CORP (8.8%) and AMGEN INC (6.4%). MJMT's 10 largest positions make up 56.9% of the fund.
Is MJMT subject to US estate tax?
No. Because MJMT 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.
How are gains on MJMT 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 MJMT performed?
MJMT's price is up 14.9% over the past year and up 72.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MJMT different from a US-listed ETF?
MJMT 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.