XETRA · UCITS ETF
Invest in AMEA ETF from India
Indian and foreign residents can buy Amundi Index Solutions - Amundi MSCI Em Asia UCITS ETF-C (AMEA) units directly through Paasa.
By Paasa · Updated
AMEA at a glance
- Price
- €59.73+€0.64 (1.08%)
- Expense ratio
- 0.2%
- Day range
- €59.44 – €59.87
- Assets
- €2.6B
- Domicile
- Luxembourg
- Holdings
- 101
- Launched
- 2018
- Dividends
- —
- 1 month
- +3.93%
- 6 months
- +27.25%
- YTD
- +31.97%
- 1 year
- +39.20%
- 5 years
- +62.18%
Price change, excluding dividends.
Top 10 holdings
- 1MICROSOFT CORPMSFT9.1%
- 2APPLE INCAAPL9.0%
- 3META PLATFORMS INC-CLASS AMETA8.8%
- 4AMAZON.COM INCAMZN8.6%
- 5TEXAS INSTRUMENTS COM USD1TXN4.5%
- 6NVIDIA CORPNVDA4.4%
- 7ALPHABET INC CL AGOOGL4.3%
- 8TESLA INCTSLA3.9%
- 9VISA INC-CLASS A SHARESV3.2%
- 10TOTALENERGIES SE PARISTTE.PA2.7%
AMEA holds 101 securities in total. These 10 are 58.6% 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 States89.1%
- France10.4%
- Bermuda0.2%
- Switzerland0.2%
How to invest in AMEA 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 AMEA and buy
Find the fund by its ticker, AMEA, on XETRA, and place your order.
Why invest in AMEA from India
What AMEA holds
The AMUNDI MSCI EM ASIA UCITS ETF endeavors to precisely mirror the performance of the MSCI Emerging Markets Asia Index. This index, which accounts for net dividend reinvestments (Net Return), is initially denominated in US Dollars and then converted to Euros, with the ETF aiming to reflect its movements accurately in all market conditions.
Outside US estate tax
AMEA is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 AMEA's UCITS structure matters for Indian investors
AMEA 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 AMEA from India?
Yes. Indian residents can buy Amundi Index Solutions - Amundi MSCI Em Asia UCITS ETF-C (AMEA) 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 AMEA invest in?
Amundi Index Solutions - Amundi MSCI Em Asia UCITS ETF-C holds 101 securities. Its largest holdings are MICROSOFT CORP (9.1%), APPLE INC (9.0%) and META PLATFORMS INC-CLASS A (8.8%). Technology is its largest sector at 50.5%. The fund is domiciled in Luxembourg.
What is the expense ratio of AMEA?
Amundi Index Solutions - Amundi MSCI Em Asia 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 €2.6B.
Is AMEA a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Index Solutions - Amundi MSCI Em Asia 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 AMEA?
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 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.