London Stock Exchange ETF segment · UCITS ETF
Invest in ALAU ETF from India
Indian and foreign residents can buy Amundi MSCI Em Latin America UCITS ETF - C (ALAU) units directly through Paasa.
By Paasa · Updated
ALAU at a glance
- Price
- $22.54-$0.26 (1.12%)
- Expense ratio
- 0.2%
- Day range
- $22.38 – $22.68
- Assets
- $1.2B
- Domicile
- Luxembourg
- Holdings
- 52
- Launched
- 2018
- Dividends
- —
- 1 month
- -17.16%
- 6 months
- -9.41%
- YTD
- +5.43%
- 1 year
- +8.37%
- 5 years
- +72.19%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON.COM INC9.3%
- 2ADVANCED MICRO DEVICES8.1%
- 3BROADCOM INC5.6%
- 4SERVICENOW INC4.9%
- 5TESLA INC4.5%
- 6MICRON TECHNOLOGY INC3.8%
- 7ASTERA LABS INC3.4%
- 8NVIDIA CORP3.4%
- 9LIBERTY MEDIA CORP-C3.3%
- 10TERADYNE INC3.1%
ALAU holds 52 securities in total. These 10 are 49.5% of the fund.
Where the money is invested
Sectors
- Financial Services33.2%
- Basic Materials19.6%
- Energy12.0%
- Industrials11.0%
- Consumer Defensive9.1%
- Utilities7.6%
Countries
- Brazil60.7%
- Mexico23.6%
- Chile6.3%
- Peru3.8%
- United States3.1%
- Colombia2.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| AMELXETRAAmundi MSCI EM Latin America UCITS ETF - EUR (C) | 0.2% | 1.1B |
Assets are shown in each fund's own reporting currency.
How to invest in ALAU 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 ALAU and buy
Find the fund by its ticker, ALAU, on the London Stock Exchange ETF segment, and place your order.
Why invest in ALAU from India
What ALAU holds
The Amundi MSCI EM Latin America UCITS ETF is designed to closely mirror the performance of the MSCI Emerging Markets Latam Index, including the reinvestment of net dividends. The index is valued in US Dollars before conversion to Euros, and the ETF's objective is to follow its trajectory consistently, regardless of market movements.
Outside US estate tax
ALAU 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
ALAU 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 ALAU's UCITS structure matters for Indian investors
ALAU 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 ALAU from India?
Yes. Indian residents can buy Amundi MSCI Em Latin America UCITS ETF - C (ALAU) 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 ALAU invest in?
Amundi MSCI Em Latin America UCITS ETF - C holds 52 securities. Its largest holdings are AMAZON.COM INC (9.3%), ADVANCED MICRO DEVICES (8.1%) and BROADCOM INC (5.6%). Financial Services is its largest sector at 33.2%. The fund is domiciled in Luxembourg.
What is the expense ratio of ALAU?
Amundi MSCI Em Latin America UCITS ETF - C has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.2B.
Is ALAU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Em Latin America UCITS ETF - 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 ALAU?
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.