London Stock Exchange ETF segment · UCITS ETF
Invest in BYBU ETF from India
Indian and foreign residents can buy Amundi S&P 500 Buyback UCITS ETF (BYBU) units directly through Paasa.
By Paasa · Updated
BYBU at a glance
- Price
- $392.03+$3.65 (0.94%)
- Expense ratio
- 0.15%
- Day range
- $392.03 – $393.35
- Assets
- $88.6M
- Domicile
- Luxembourg
- Holdings
- 40
- Launched
- 2018
- Dividends
- —
- 1 month
- -4.60%
- 6 months
- +7.71%
- YTD
- +6.81%
- 1 year
- +10.15%
- 5 years
- +61.10%
Price change, excluding dividends.
Top 10 holdings
- 1MICROSOFT CORP9.1%
- 2WESTERN DIGITAL CORPORATION8.8%
- 3COCA-COLA CO/THE8.2%
- 4ELI LILLY & CO7.7%
- 5NVIDIA CORP4.9%
- 6BROADCOM INC4.4%
- 7GARMIN LTD4.4%
- 8AMETEK INC4.4%
- 9HOME DEPOT INC4.4%
- 10PPG INDUSTRIES INC4.4%
BYBU holds 40 securities in total. These 10 are 60.5% of the fund.
Where the money is invested
Sectors
- Financial Services27.9%
- Technology19.8%
- Consumer Cyclical18.4%
- Industrials10.3%
- Healthcare8.1%
- Communication Services6.0%
Countries
- United States90.1%
- Switzerland4.4%
- Denmark3.2%
- France2.3%
How to invest in BYBU 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 BYBU and buy
Find the fund by its ticker, BYBU, on the London Stock Exchange ETF segment, and place your order.
Why invest in BYBU from India
What BYBU holds
This Amundi S&P 500 Buyback UCITS ETF is designed to closely track the performance of the S&P 500 Buyback Strategy Index. This benchmark, which accounts for net dividends being reinvested and is denominated in USD, is followed by the ETF regardless of market upturns or downturns.
Outside US estate tax
BYBU 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
BYBU 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 BYBU's UCITS structure matters for Indian investors
BYBU 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 BYBU from India?
Yes. Indian residents can buy Amundi S&P 500 Buyback UCITS ETF (BYBU) 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 BYBU invest in?
Amundi S&P 500 Buyback UCITS ETF holds 40 securities. Its largest holdings are MICROSOFT CORP (9.1%), WESTERN DIGITAL CORPORATION (8.8%) and COCA-COLA CO/THE (8.2%). Financial Services is its largest sector at 27.9%. The fund is domiciled in Luxembourg.
What is the expense ratio of BYBU?
Amundi S&P 500 Buyback UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $88.6M.
Is BYBU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi S&P 500 Buyback 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.
What tax do I pay in India when I sell BYBU?
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.