London Stock Exchange ETF segment · UCITS ETF
Invest in ASIU ETF from India
Indian and foreign residents can buy Amundi MSCI China ESG Selection Extra UCITS ETF (ASIU) units directly through Paasa.
By Paasa · Updated
ASIU at a glance
- Price
- $112.72-$2.90 (2.51%)
- Expense ratio
- 0.65%
- Day range
- $112.60 – $112.72
- Assets
- $539.1M
- Domicile
- Luxembourg
- Holdings
- 169
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -5.44%
- 6 months
- -3.09%
- YTD
- -12.53%
- 1 year
- -18.75%
- 5 years
- -17.84%
Price change, excluding dividends.
Top 10 holdings
- 1TENCENT HOLDINGS LTD15.4%
- 2ALIBABA GROUP HOLDING LTD13.6%
- 3CHINA CONSTRUCTION BANK HK8.0%
- 4IND & COMM BK OF CHINA-H4.9%
- 5XIAOMI CORP4.3%
- 6BANK OF CHINA LTD-H4.0%
- 7MEITUAN-CLASS B3.5%
- 8NETEASE INC3.3%
- 9LENOVO GROUP LTD2.6%
- 10JD.COM INC-CLASS A2.3%
ASIU holds 169 securities in total. These 10 are 61.9% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical29.3%
- Communication Services20.7%
- Financial Services20.2%
- Technology11.5%
- Healthcare6.9%
- Industrials3.7%
Countries
- China90.0%
- Hong Kong8.0%
- Singapore2.0%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LHKGXETRAAmundi MSCI China ESG Selection Extra UCITS ETF Dist | 0.65% | 475.5M |
Assets are shown in each fund's own reporting currency.
How to invest in ASIU 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 ASIU and buy
Find the fund by its ticker, ASIU, on the London Stock Exchange ETF segment, and place your order.
Why invest in ASIU from India
What ASIU holds
The Amundi MSCI China ESG Selection Extra UCITS ETF Acc aims to closely mirror the financial returns of the MSCI China ESG Selection P-Series Extra Net Total Return Index (the Index), irrespective of market fluctuations. A primary objective is to minimize any deviation between the fund's net asset value and the Index's performance.
Outside US estate tax
ASIU 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 ASIU's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
ASIU 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 ASIU's UCITS structure matters for Indian investors
ASIU 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 ASIU from India?
Yes. Indian residents can buy Amundi MSCI China ESG Selection Extra UCITS ETF (ASIU) 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 ASIU invest in?
Amundi MSCI China ESG Selection Extra UCITS ETF holds 169 securities. Its largest holdings are TENCENT HOLDINGS LTD (15.4%), ALIBABA GROUP HOLDING LTD (13.6%) and CHINA CONSTRUCTION BANK HK (8.0%). Consumer Cyclical is its largest sector at 29.3%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of ASIU?
Amundi MSCI China ESG Selection Extra UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $539.1M.
Is ASIU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI China ESG Selection Extra 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 ASIU pay dividends?
No. Amundi MSCI China ESG Selection Extra 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 ASIU?
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.