London Stock Exchange ETF segment · UCITS ETF
Invest in AUEM ETF from India
Indian and foreign residents can buy Amundi MSCI Emerging Markets Swap -UCITS ETF C- Capitalisation (AUEM) units directly through Paasa.
By Paasa · Updated
AUEM at a glance
- Price
- $9.00+$0.08 (0.94%)
- Expense ratio
- 0.2%
- Day range
- $8.99 – $9.04
- Assets
- $6.7B
- Domicile
- Luxembourg
- Holdings
- 202
- Launched
- 2018
- Dividends
- —
- 1 month
- +1.17%
- 6 months
- +18.94%
- YTD
- +24.54%
- 1 year
- +31.83%
- 5 years
- +53.99%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON.COM INCAMZN8.4%
- 2NVIDIA CORPNVDA7.5%
- 3APPLE INCAAPL6.9%
- 4ALPHABET INC CL AGOOGL4.6%
- 5TOTALENERGIES SE PARISTTE.PA3.5%
- 6MICROSOFT CORPMSFT3.5%
- 7ADVANCED MICRO DEVICESAMD3.4%
- 8META PLATFORMS INC-CLASS AMETA3.0%
- 9WALMART INCWMT2.4%
- 10BERKSHIRE HATHAWAY INC-CL BBRK-B2.3%
AUEM holds 202 securities in total. These 10 are 45.6% of the fund.
Where the money is invested
Sectors
- Technology41.9%
- Financial Services19.5%
- Consumer Cyclical8.2%
- Industrials6.3%
- Basic Materials6.3%
- Communication Services6.1%
Countries
- United States88.9%
- France9.9%
- Bermuda0.5%
- Switzerland0.4%
- Netherlands0.3%
- Sweden0.0%
How to invest in AUEM 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 AUEM and buy
Find the fund by its ticker, AUEM, on the London Stock Exchange ETF segment, and place your order.
Why invest in AUEM from India
What AUEM holds
To track the performance of MSCI Emerging Markets 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
AUEM is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
AUEM 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 AUEM's UCITS structure matters for Indian investors
AUEM 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 AUEM from India?
Yes. Indian residents can buy Amundi MSCI Emerging Markets Swap -UCITS ETF C- Capitalisation (AUEM) 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 AUEM invest in?
Amundi MSCI Emerging Markets Swap -UCITS ETF C- Capitalisation holds 202 securities. Its largest holdings are AMAZON.COM INC (8.4%), NVIDIA CORP (7.5%) and APPLE INC (6.9%). Technology is its largest sector at 41.9%. The fund is domiciled in Luxembourg.
What is the expense ratio of AUEM?
Amundi MSCI Emerging Markets Swap -UCITS ETF C- Capitalisation has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $6.7B.
Is AUEM a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Emerging Markets Swap -UCITS ETF C- Capitalisation 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 AUEM?
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.