XETRA · UCITS ETF
Invest in AMEQ ETF from India
Indian and foreign residents can buy Amundi MSCI Europe Quality Factor UCITS ETF - C (AMEQ) units directly through Paasa.
By Paasa · Updated
AMEQ at a glance
- Price
- €129.94-€0.30 (0.23%)
- Expense ratio
- 0.23%
- Day range
- €129.74 – €129.94
- Assets
- €263.8M
- Domicile
- Luxembourg
- Holdings
- 54
- Launched
- 2018
- Dividends
- —
- 1 month
- +5.66%
- 6 months
- +10.95%
- YTD
- +11.92%
- 1 year
- +13.37%
- 5 years
- +24.65%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON.COM INC9.2%
- 2ALPHABET INC CL A9.0%
- 3MICROSOFT CORP8.5%
- 4NVIDIA CORP6.1%
- 5TESLA INC5.0%
- 6SYNCHRONY FINANCIAL4.2%
- 7FIRST SOLAR INC3.9%
- 8DUOLINGO3.7%
- 9BROADCOM INC3.7%
- 10JOHNSON & JOHNSON3.6%
AMEQ holds 54 securities in total. These 10 are 56.8% of the fund.
Where the money is invested
Sectors
- Industrials25.0%
- Healthcare21.3%
- Consumer Defensive14.6%
- Technology13.5%
- Financial Services9.8%
- Consumer Cyclical9.2%
Countries
- Switzerland25.9%
- United Kingdom25.0%
- Germany11.2%
- France10.9%
- Netherlands10.6%
- Sweden5.0%
How to invest in AMEQ 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 AMEQ and buy
Find the fund by its ticker, AMEQ, on XETRA, and place your order.
Why invest in AMEQ from India
What AMEQ holds
This Amundi ETF strives to mirror the performance of the MSCI Europe Quality Index as precisely as possible, regardless of market direction. It offers investors a streamlined way to gain exposure to a portfolio of high-quality, growth-oriented large and mid-cap equities across 15 developed European nations.
Outside US estate tax
AMEQ 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 AMEQ's UCITS structure matters for Indian investors
AMEQ 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 AMEQ from India?
Yes. Indian residents can buy Amundi MSCI Europe Quality Factor UCITS ETF - C (AMEQ) 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 AMEQ invest in?
Amundi MSCI Europe Quality Factor UCITS ETF - C holds 54 securities. Its largest holdings are AMAZON.COM INC (9.2%), ALPHABET INC CL A (9.0%) and MICROSOFT CORP (8.5%). Industrials is its largest sector at 25.0%. The fund is domiciled in Luxembourg.
What is the expense ratio of AMEQ?
Amundi MSCI Europe Quality Factor UCITS ETF - C has an expense ratio of 0.23% a year, taken from the fund's assets rather than billed to you. The fund manages about €263.8M.
Is AMEQ a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Europe Quality Factor 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 AMEQ?
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.