London Stock Exchange ETF segment · UCITS ETF
Invest in AEMU ETF from India
Indian and foreign residents can buy Amundi Core MSCI Emerging Markets UCITS ETF (AEMU) units directly through Paasa.
By Paasa · Updated
AEMU at a glance
- Price
- $57.36+$1.18 (2.10%)
- Expense ratio
- 0.18%
- Day range
- $57.31 – $57.36
- Assets
- $10.2B
- Domicile
- Luxembourg
- Holdings
- 1,210
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -7.03%
- 6 months
- -7.91%
- YTD
- +14.19%
- 1 year
- +13.11%
- 5 years
- +22.07%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFAC14.8%
- 2SAMSUNG ELECTRONIC CO LTD6.0%
- 3SK HYNIX INC4.2%
- 4TENCENT HOLDINGS LTD3.0%
- 5ALIBABA GROUP HOLDING LTD2.1%
- 6MEDIATEK INC1.4%
- 7CHINA CONSTRUCTION BANK HK1.0%
- 8HDFC BANK LIMITED0.9%
- 9SAMSUNG ELECTRONICS - PFD NV0.8%
- 10ICICI BANK LTD0.8%
AEMU holds 1,210 securities in total. These 10 are 35.0% of the fund.
Where the money is invested
Sectors
- Technology44.2%
- Financial Services19.2%
- Consumer Cyclical7.5%
- Industrials6.0%
- Communication Services5.9%
- Basic Materials5.7%
Countries
- Taiwan27.1%
- South Korea19.3%
- China18.5%
- India12.2%
- Brazil3.7%
- South Africa2.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EEMAMEXiShares MSCI Emerging Markets ETF | 0.72% | 28.0B |
| IEMGAMEXiShares Core MSCI Emerging Markets ETF | 0.09% | 144.9B |
| XMMELSEXtrackers MSCI Emerging Markets UCITS ETF 1C | 0.18% | 14.0B |
| HMEMLSEHSBC MSCI Emerging Markets UCITS ETF | 0.15% | 5.6B |
| XEMDLSEXtrackers MSCI Emerging Markets UCITS ETF 1D | 0.18% | 14.0B |
Assets are shown in each fund's own reporting currency.
How to invest in AEMU 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 AEMU and buy
Find the fund by its ticker, AEMU, on the London Stock Exchange ETF segment, and place your order.
Why invest in AEMU from India
What AEMU holds
The Amundi Core MSCI Emerging Markets UCITS ETF USD Dist is engineered to precisely replicate the performance of the MSCI Emerging Markets Net Total Return USD Index (referred to as "the Index"), aiming for accuracy regardless of whether market trends are upward or downward. A primary objective is to minimize any divergence between the Sub-Fund's net asset value and the Index's returns, known as tracking error.
Outside US estate tax
AEMU 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
AEMU 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 AEMU's UCITS structure matters for Indian investors
AEMU 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 AEMU from India?
Yes. Indian residents can buy Amundi Core MSCI Emerging Markets UCITS ETF (AEMU) 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 AEMU invest in?
Amundi Core MSCI Emerging Markets UCITS ETF holds 1,210 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MANUFAC (14.8%), SAMSUNG ELECTRONIC CO LTD (6.0%) and SK HYNIX INC (4.2%). Technology is its largest sector at 44.2%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of AEMU?
Amundi Core MSCI Emerging Markets UCITS ETF has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about $10.2B.
Is AEMU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core MSCI Emerging Markets 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.
How are AEMU dividends taxed in India?
Amundi Core MSCI Emerging Markets UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell AEMU?
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.