London Stock Exchange ETF segment · UCITS ETF
Invest in AASU ETF from India
Indian and foreign residents can buy Amundi MSCI Em Asia UCITS ETF Capitalisation (AASU) units directly through Paasa.
By Paasa · Updated
AASU at a glance
- Price
- $67.41+$0.39 (0.57%)
- Expense ratio
- 0.2%
- Day range
- $67.31 – $67.79
- Assets
- $2.9B
- Domicile
- Luxembourg
- Holdings
- 101
- Launched
- 2018
- Dividends
- —
- 1 month
- -0.13%
- 6 months
- +26.07%
- YTD
- +26.71%
- 1 year
- +32.38%
- 5 years
- +57.87%
Price change, excluding dividends.
Top 10 holdings
- 1MICROSOFT CORP9.3%
- 2APPLE INC9.1%
- 3AMAZON.COM INC9.0%
- 4META PLATFORMS INC-CLASS A8.7%
- 5TEXAS INSTRUMENTS COM USD14.6%
- 6NVIDIA CORP4.5%
- 7ALPHABET INC CL A4.3%
- 8TESLA INC3.9%
- 9VISA INC-CLASS A SHARES3.2%
- 10TOTALENERGIES SE PARIS2.6%
AASU holds 101 securities in total. These 10 are 59.1% of the fund.
Where the money is invested
Sectors
- Technology50.5%
- Financial Services14.9%
- Consumer Cyclical8.9%
- Industrials6.4%
- Communication Services6.3%
- Basic Materials3.6%
Countries
- United States89.4%
- France10.4%
- Bermuda0.2%
How to invest in AASU 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.
Step 3
Search AASU and buy
Find the fund by its ticker, AASU, on the London Stock Exchange ETF segment, and place your order.
Why invest in AASU from India
What AASU holds
The Amundi MSCI EM Asia UCITS ETF aims to closely replicate the total return performance of the MSCI Emerging Markets Asia Index, after the reinvestment of net dividends. This objective is measured in US Dollars and subsequently converted into Euros, consistently reflecting the index's movements regardless of market upturns or downturns.
Outside US estate tax
AASU is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
AASU is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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 AASU's UCITS structure matters for Indian investors
AASU 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 AASU from India?
Yes. Indian residents can buy Amundi MSCI Em Asia UCITS ETF Capitalisation (AASU) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. 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 AASU invest in?
Amundi MSCI Em Asia UCITS ETF Capitalisation holds 101 securities. Its largest holdings are MICROSOFT CORP (9.3%), APPLE INC (9.1%) and AMAZON.COM INC (9.0%). Technology is its largest sector at 50.5%. The fund is domiciled in Luxembourg.
What is the expense ratio of AASU?
Amundi MSCI Em Asia UCITS ETF Capitalisation has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.9B.
Is AASU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Em Asia UCITS ETF Capitalisation 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 AASU?
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 USD/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.