XETRA · ETF
Invest in 18M1 ETF from India
Indian and foreign residents can buy Amundi Euro Government Bond 0-6 M UCITS ETF (18M1) units directly through Paasa.
By Paasa · Updated
18M1 at a glance
- Price
- €127.28-€0.05 (0.04%)
- Expense ratio
- 0.14%
- Day range
- €127.28 – €127.36
- Assets
- €925.9M
- Domicile
- France
- Holdings
- 55
- Launched
- 2009
- Dividends
- Accumulating
- 1 month
- +0.19%
- 6 months
- +1.07%
- YTD
- +1.47%
- 1 year
- +1.95%
- 5 years
- +9.60%
Price change, excluding dividends.
Top 10 holdings
- 1FEDERAL REPUB TBIP % 13Jan273.3%
- 2FEDERAL REPUB TBIP % 14Oct263.1%
- 3FEDERAL REPUB TBIP % 18Nov263.1%
- 4REPUBLIC OF I BOT % 14Dec262.9%
- 5FEDERAL REPUB TBIP % 09Dec262.7%
- 6FEDERAL REPUB TBIP % 17Feb272.7%
- 7REPUBLIC OF I BOT % 29Jan272.7%
- 8REPUBLIC OF I BOT % 14Jan272.5%
- 9KINGDOM OF SP TBIP % 09Oct262.5%
- 10REPUBLIC OF I BOT % 14Oct262.4%
18M1 holds 55 securities in total. These 10 are 28.0% of the fund.
Where the money is invested
Countries
- France34.0%
- Italy21.6%
- Germany16.1%
- Spain12.5%
- Belgium8.1%
- Netherlands5.8%
How to invest in 18M1 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 18M1 and buy
Find the fund by its ticker, 18M1, on XETRA, and place your order.
Why invest in 18M1 from India
What 18M1 holds
The Amundi Euro Government Bond 0-6 M UCITS ETF Acc aims to mirror the performance of the FTSE Eurozone Government Bill 0-6 Month Capped Index (the Index) as accurately as possible, irrespective of market direction. Its goal is also to minimize any deviation, or tracking error, between the Sub-Fund's net asset value and the Index's returns.
Dividends reinvested for you
Dividends from 18M1'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 18M1 from India?
Yes. Indian residents can buy Amundi Euro Government Bond 0-6 M UCITS ETF (18M1) 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 18M1 invest in?
Amundi Euro Government Bond 0-6 M UCITS ETF holds 55 securities. Its largest holdings are FEDERAL REPUB TBIP % 13Jan27 (3.3%), FEDERAL REPUB TBIP % 14Oct26 (3.1%) and FEDERAL REPUB TBIP % 18Nov26 (3.1%). It is an accumulating fund domiciled in France.
What is the expense ratio of 18M1?
Amundi Euro Government Bond 0-6 M UCITS ETF has an expense ratio of 0.14% a year, taken from the fund's assets rather than billed to you. The fund manages about €925.9M.
Does 18M1 pay dividends?
No. Amundi Euro Government Bond 0-6 M UCITS 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 18M1?
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.