XETRA · UCITS ETF
Invest in 7USH ETF from India
Indian and foreign residents can buy Amundi US Treasury Bond 7-10Y UCITS ETF (7USH) units directly through Paasa.
By Paasa · Updated
7USH at a glance
- Price
- €40.76+€0.02 (0.05%)
- Expense ratio
- 0.1%
- Day range
- €40.73 – €40.94
- Assets
- €1.7B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2023
- Dividends
- Accumulating
- 1 month
- -3.70%
- 6 months
- -5.00%
- YTD
- -6.11%
- 1 year
- -5.48%
- 5 years
- -18.16%
Price change, excluding dividends.
Top 10 holdings
- 1THE UNITED ST TSY 4.375% 15May349.1%
- 2THE UNITED ST TSY 4.625% 15Feb359.1%
- 3THE UNITED ST TSY 4.25% 15Nov349.0%
- 4THE UNITED ST TSY 4.25% 15May359.0%
- 5THE UNITED ST TSY 4.25% 15Aug358.9%
- 6THE UNITED ST TSY 4% 15Feb348.8%
- 7THE UNITED ST TSY 4.5% 15Nov338.8%
- 8THE UNITED ST TSY 4% 15Nov358.8%
- 9THE UNITED ST TSY 4.125% 15Feb368.7%
- 10THE UNITED ST TSY 3.875% 15Aug348.7%
These 10 are 88.9% of the fund.
Where the money is invested
Countries
- United States100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| US71LSEAmundi US Treasury Bond 7-10Y UCITS ETF Dist | 0.06% | 1.9B |
| US7SIXAmundi US Treasury Bond 7-10Y UCITS ETF Acc | 0.06% | 1.9B |
Assets are shown in each fund's own reporting currency.
How to invest in 7USH 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 7USH and buy
Find the fund by its ticker, 7USH, on XETRA, and place your order.
Why invest in 7USH from India
What 7USH holds
The Amundi US Treasury Bond 7-10Y UCITS ETF EUR Hedged Acc endeavors to accurately mirror the performance of its benchmark, the USD-denominated Bloomberg US Treasury 7-10 Year Index, irrespective of market upturns or downturns. A core objective is to reduce the "Tracking Error" — the variation between the fund's returns and the index's returns — as much as possible.
Outside US estate tax
7USH is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from 7USH'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.
Why 7USH's UCITS structure matters for Indian investors
7USH 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 7USH from India?
Yes. Indian residents can buy Amundi US Treasury Bond 7-10Y UCITS ETF (7USH) 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 7USH invest in?
Its largest holdings are THE UNITED ST TSY 4.375% 15May34 (9.1%), THE UNITED ST TSY 4.625% 15Feb35 (9.1%) and THE UNITED ST TSY 4.25% 15Nov34 (9.0%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of 7USH?
Amundi US Treasury Bond 7-10Y UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.7B.
Is 7USH a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi US Treasury Bond 7-10Y UCITS ETF 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.
Does 7USH pay dividends?
No. Amundi US Treasury Bond 7-10Y 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 7USH?
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.