London Stock Exchange ETF segment · UCITS ETF
Invest in AEJ ETF from India
Indian and foreign residents can buy Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF (AEJ) units directly through Paasa.
By Paasa · Updated
AEJ at a glance
- Price
- $115.60-$0.55 (0.47%)
- Expense ratio
- 0.6%
- Day range
- $115.60 – $115.60
- Assets
- $882.0M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -0.34%
- 6 months
- +22.43%
- YTD
- +23.18%
- 1 year
- +29.45%
- 5 years
- +52.81%
Price change, excluding dividends.
Top 10 holdings
- 1META PLATFORMS INC-CLASS AMETA9.1%
- 2TESLA INCTSLA9.0%
- 3APPLE INCAAPL9.0%
- 4AMAZON.COM INCAMZN8.0%
- 5KEYSIGHT TECHNOLOGIES INCKEYS4.6%
- 6AGILENT TECHNOLOGIES INCA4.4%
- 7NVIDIA CORPNVDA4.4%
- 8MICROSOFT CORPMSFT4.3%
- 9JOHNSON & JOHNSONJNJ4.3%
- 10RTX CORPRTX4.1%
These 10 are 61.2% of the fund.
Where the money is invested
Sectors
- Technology41.2%
- Financial Services20.5%
- Consumer Cyclical8.4%
- Industrials6.8%
- Basic Materials6.0%
- Communication Services5.5%
Countries
- United States100.0%
How to invest in AEJ 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 AEJ and buy
Find the fund by its ticker, AEJ, on the London Stock Exchange ETF segment, and place your order.
Why invest in AEJ from India
What AEJ holds
This Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF - Acc is a UCITS-compliant exchange-traded fund engineered to mirror the performance of its target benchmark, the MSCI Daily TR Net AC Asia Pacific Ex Japan USD. This particular benchmark, a free float-adjusted market capitalization-weighted index, is designed to reflect the daily equity market performance across the Asian region, with the explicit exclusion of Japan.
Outside US estate tax
AEJ 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 AEJ's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
AEJ 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 AEJ's UCITS structure matters for Indian investors
AEJ 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 AEJ from India?
Yes. Indian residents can buy Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF (AEJ) 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 AEJ invest in?
Its largest holdings are META PLATFORMS INC-CLASS A (9.1%), TESLA INC (9.0%) and APPLE INC (9.0%). Technology is its largest sector at 41.2%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of AEJ?
Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about $882.0M.
Is AEJ a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI AC Asia Pacific Ex Japan 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 AEJ pay dividends?
No. Amundi MSCI AC Asia Pacific Ex Japan 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 AEJ?
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.