London Stock Exchange ETF segment · UCITS ETF
Invest in CE2D ETF from India
Indian and foreign residents can buy Amundi Core MSCI Europe UCITS ETF (CE2D) units directly through Paasa.
By Paasa · Updated
CE2D at a glance
- Price
- £70.86+£0.28 (0.39%)
- Expense ratio
- 0.12%
- Day range
- £70.77 – £71.19
- Assets
- £7.1B
- Domicile
- Luxembourg
- Holdings
- 420
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- -2.08%
- 6 months
- +10.60%
- YTD
- +8.92%
- 1 year
- +14.37%
- 5 years
- +42.04%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NVASML.AS4.8%
- 2HSBC HOLDINGS PLCHSBA.L2.5%
- 3ROCHE HOLDING AG - GENUSSS CHFROP.SW2.2%
- 4SHELL PLC GBPSHEL.L1.9%
- 5NOVARTIS AG-REGNOVN.SW1.8%
- 6ASTRAZENECA GBPAZN.L1.8%
- 7NESTLE SA-REGNESN.SW1.7%
- 8SIEMENS AG-REGSIE.DE1.6%
- 9SAP SE / XETRASAP.DE1.5%
- 10BANCO SANTANDER SA MADRIDSAN.MC1.5%
CE2D holds 420 securities in total. These 10 are 21.4% of the fund.
Where the money is invested
Sectors
- Financial Services25.6%
- Industrials19.4%
- Healthcare13.0%
- Technology9.3%
- Consumer Defensive7.8%
- Consumer Cyclical6.3%
Countries
- United Kingdom20.7%
- Switzerland15.2%
- Germany13.5%
- France13.0%
- Netherlands10.4%
- Spain6.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEURAMEXiShares Core MSCI Europe ETF | 0.1% | 9.1B |
| SMEALSEiShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.12% | 13.7B |
| ISEULSEiShares Core MSCI Europe UCITS ETF | 0.12% | 12.1B |
| XMEDLSEXtrackers MSCI Europe UCITS ETF 1C | 0.12% | 9.5B |
| DBEUAMEXXtrackers MSCI Europe Hedged Equity ETF | 0.45% | 774.4M |
Assets are shown in each fund's own reporting currency.
How to invest in CE2D 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 GBP when you buy.
Step 3
Search CE2D and buy
Find the fund by its ticker, CE2D, on the London Stock Exchange ETF segment, and place your order.
Why invest in CE2D from India
What CE2D holds
The Amundi Core MSCI Europe UCITS ETF Dist endeavors to replicate, with high fidelity, the performance of the MSCI Europe Net Return EUR Index across all market conditions, whether positive or negative. A key goal is to keep the discrepancy, or tracking error, between the fund's net asset value and the index's returns to an absolute minimum.
Outside US estate tax
CE2D 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 CE2D's UCITS structure matters for Indian investors
CE2D 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 CE2D from India?
Yes. Indian residents can buy Amundi Core MSCI Europe UCITS ETF (CE2D) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 CE2D invest in?
Amundi Core MSCI Europe UCITS ETF holds 420 securities. Its largest holdings are ASML HOLDING NV (4.8%), HSBC HOLDINGS PLC (2.5%) and ROCHE HOLDING AG - GENUSSS CHF (2.2%). Financial Services is its largest sector at 25.6%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of CE2D?
Amundi Core MSCI Europe UCITS ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about £7.1B.
Is CE2D a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core MSCI Europe 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.
How are CE2D dividends taxed in India?
Amundi Core MSCI Europe UCITS ETF 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 CE2D?
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 GBP/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.