XETRA · UCITS ETF
Invest in 18MM ETF from India
Indian and foreign residents can buy Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned UCITS ETF DR - C (18MM) units directly through Paasa.
By Paasa · Updated
18MM at a glance
- Price
- €658.50+€6.30 (0.97%)
- Expense ratio
- 0.45%
- Day range
- €658.00 – €661.50
- Assets
- €465.8M
- Domicile
- Luxembourg
- Holdings
- 36
- Launched
- 2018
- Dividends
- —
- 1 month
- -2.95%
- 6 months
- +4.56%
- YTD
- +5.89%
- 1 year
- +6.06%
- 5 years
- +13.38%
Price change, excluding dividends.
Top 10 holdings
- 1COMMONWEALTH BANK OF AUSTRALIA8.1%
- 2CSL LTD5.5%
- 3MACQUARIE GROUP5.0%
- 4SUNCORP GROUP LTD5.0%
- 5HONG KONG EXCHANGES & CLEAR4.9%
- 6AIA GROUP LTD4.9%
- 7SINGAPORE EXCHANGE LTD4.7%
- 8GOODMAN GROUP4.7%
- 9TRANSURBAN GROUP4.5%
- 10QBE INSURANCE4.4%
18MM holds 36 securities in total. These 10 are 51.6% of the fund.
Where the money is invested
Sectors
- Financial Services46.0%
- Real Estate21.0%
- Industrials10.1%
- Healthcare8.1%
- Basic Materials5.6%
- Communication Services3.3%
Countries
- Australia62.7%
- Hong Kong19.1%
- Singapore14.2%
- New Zealand4.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CP9ULSEAmundi MSCI Pacific Ex Japan SRI Climate Paris Aligned UCITS ETF DR - USD (C) | 0.2% | 529.7M |
Assets are shown in each fund's own reporting currency.
How to invest in 18MM 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 18MM and buy
Find the fund by its ticker, 18MM, on XETRA, and place your order.
Why invest in 18MM from India
What 18MM holds
This Amundi UCITS ETF is designed to mirror the investment performance of the MSCI Pacific ex Japan SRI filtered PAB Index (referred to as 'the Index') as accurately as possible. Its objective is to closely track the index's returns, regardless of market direction, while also minimizing the difference between the fund's net asset value and the index's performance.
Outside US estate tax
18MM is domiciled in Luxembourg, 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 18MM's UCITS structure matters for Indian investors
18MM is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy 18MM from India?
Yes. Indian residents can buy Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned UCITS ETF DR - C (18MM) 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 18MM invest in?
Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned UCITS ETF DR - C holds 36 securities. Its largest holdings are COMMONWEALTH BANK OF AUSTRALIA (8.1%), CSL LTD (5.5%) and MACQUARIE GROUP (5.0%). Financial Services is its largest sector at 46.0%. The fund is domiciled in Luxembourg.
What is the expense ratio of 18MM?
Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned UCITS ETF DR - C has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about €465.8M.
Is 18MM a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned UCITS ETF DR - C is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
What tax do I pay in India when I sell 18MM?
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.