XETRA · UCITS ETF
Invest in APXJ ETF from India
Indian and foreign residents can buy Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned - UCITS ETF DR - D (APXJ) units directly through Paasa.
By Paasa · Updated
APXJ at a glance
- Price
- €9.52-€0.04 (0.44%)
- Expense ratio
- 0.45%
- Day range
- €9.52 – €9.57
- Assets
- €465.8M
- Domicile
- Luxembourg
- Holdings
- 36
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -3.94%
- 6 months
- +4.50%
- YTD
- +5.08%
- 1 year
- +3.03%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1COMMONWEALTH BANK OF AUSTRALIACBA.AX8.1%
- 2CSL LTDCSL.AX5.4%
- 3HONG KONG EXCHANGES & CLEAR0388.HK5.0%
- 4MACQUARIE GROUPMQG.AX4.9%
- 5AIA GROUP LTD1299.HK4.9%
- 6SUNCORP GROUP LTDSUN.AX4.9%
- 7GOODMAN GROUPGMG.AX4.7%
- 8SINGAPORE EXCHANGE LTDS68.SI4.7%
- 9TRANSURBAN GROUPTCL.AX4.6%
- 10QBE INSURANCEQBE.AX4.4%
APXJ holds 36 securities in total. These 10 are 51.5% of the fund.
Where the money is invested
Sectors
- Financial Services45.9%
- Real Estate14.6%
- Basic Materials11.4%
- Industrials8.2%
- Healthcare7.0%
- Consumer Cyclical4.1%
Countries
- Australia62.8%
- Hong Kong19.1%
- Singapore14.1%
- New Zealand4.1%
How to invest in APXJ 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 APXJ and buy
Find the fund by its ticker, APXJ, on XETRA, and place your order.
Why invest in APXJ from India
What APXJ holds
To track the performance of MSCI Pacific ex Japan SRI Filtered ex Fossil Fuels Index (the Index), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index.
Outside US estate tax
APXJ 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 APXJ's UCITS structure matters for Indian investors
APXJ 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 APXJ from India?
Yes. Indian residents can buy Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned - UCITS ETF DR - D (APXJ) 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 APXJ invest in?
Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned - UCITS ETF DR - D holds 36 securities. Its largest holdings are COMMONWEALTH BANK OF AUSTRALIA (8.1%), CSL LTD (5.4%) and HONG KONG EXCHANGES & CLEAR (5.0%). Financial Services is its largest sector at 45.9%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of APXJ?
Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned - UCITS ETF DR - D has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about €465.8M.
Is APXJ a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned - UCITS ETF DR - D 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 APXJ dividends taxed in India?
Amundi MSCI Pacific Ex Japan SRI Climate Paris Aligned - UCITS ETF DR - D 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 APXJ?
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.