XETRA · UCITS ETF
Invest in AMEW ETF from India
Indian and foreign residents can buy Amundi MSCI World Swap UCITS ETF (AMEW) units directly through Paasa.
By Paasa · Updated
AMEW at a glance
- Price
- €701.78+€2.40 (0.34%)
- Expense ratio
- 0.38%
- Day range
- €698.76 – €702.64
- Assets
- €7.2B
- Domicile
- Luxembourg
- Holdings
- 219
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- +0.67%
- 6 months
- +19.10%
- YTD
- +15.17%
- 1 year
- +20.02%
- 5 years
- +77.07%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV8.3%
- 2AIRBUS SE PARIS7.8%
- 3DEUTSCHE TELEKOM NAMEN (XETRA)6.0%
- 4SIEMENS ENERGY AG5.5%
- 5ALLIANZ SE-REG5.5%
- 6INFINEON TECHNOLOGIES AG5.0%
- 7SIEMENS AG-REG4.4%
- 8BAYER AG-REG4.1%
- 9NVIDIA CORP4.1%
- 10ING GROEP NV3.2%
AMEW holds 219 securities in total. These 10 are 54.0% of the fund.
Where the money is invested
Sectors
- Technology30.6%
- Financial Services16.3%
- Industrials10.7%
- Healthcare9.3%
- Consumer Cyclical8.7%
- Communication Services8.0%
Countries
- Germany36.4%
- Netherlands26.7%
- United States16.9%
- France8.8%
- Poland2.7%
- Denmark2.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| AHYQXETRAAmundi Core MSCI World Swap UCITS ETF Dist | 0.2% | 6.7B |
| XMWDLSEXtrackers MSCI World Swap UCITS ETF 1C | 0.45% | 14.7B |
Assets are shown in each fund's own reporting currency.
How to invest in AMEW 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 AMEW and buy
Find the fund by its ticker, AMEW, on XETRA, and place your order.
Why invest in AMEW from India
What AMEW holds
The Amundi MSCI World Swap UCITS ETF EUR Acc aims to closely mirror the performance of the MSCI Daily Net TR World Euro Index, regardless of whether the market trend is upward or downward. A core objective is to minimize the tracking error—the disparity between the Sub-Fund's net asset value and the Index's returns.
Outside US estate tax
AMEW 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 AMEW's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 AMEW's UCITS structure matters for Indian investors
AMEW 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 AMEW from India?
Yes. Indian residents can buy Amundi MSCI World Swap UCITS ETF (AMEW) 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 AMEW invest in?
Amundi MSCI World Swap UCITS ETF holds 219 securities. Its largest holdings are ASML HOLDING NV (8.3%), AIRBUS SE PARIS (7.8%) and DEUTSCHE TELEKOM NAMEN (XETRA) (6.0%). Technology is its largest sector at 30.6%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of AMEW?
Amundi MSCI World Swap UCITS ETF has an expense ratio of 0.38% a year, taken from the fund's assets rather than billed to you. The fund manages about €7.2B.
Is AMEW a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI World Swap 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 AMEW pay dividends?
No. Amundi MSCI World Swap 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 AMEW?
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.