London Stock Exchange ETF segment · UCITS ETF
Invest in CEU2 ETF from India
Indian and foreign residents can buy Amundi Index Solutions - MSCI Europe UCITS ETF DR (CEU2) units directly through Paasa.
By Paasa · Updated
CEU2 at a glance
- Price
- $138.72-$0.54 (0.39%)
- Expense ratio
- 0.12%
- Day range
- $138.70 – $140.36
- Assets
- $9.5B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2016
- Dividends
- —
- 1 month
- -5.14%
- 6 months
- +9.35%
- YTD
- +5.92%
- 1 year
- +13.15%
- 5 years
- +59.98%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV4.9%
- 2HSBC HOLDINGS PLC2.5%
- 3ROCHE HOLDING AG - GENUSSS CHF2.2%
- 4SHELL PLC GBP2.0%
- 5NOVARTIS AG-REG1.9%
- 6ASTRAZENECA GBP1.8%
- 7NESTLE SA-REG1.7%
- 8SIEMENS AG-REG1.6%
- 9SAP SE / XETRA1.5%
- 10BANCO SANTANDER SA MADRID1.5%
These 10 are 21.6% 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 Kingdom20.6%
- Switzerland15.2%
- Germany13.6%
- France13.0%
- Netherlands10.4%
- Spain6.1%
How to invest in CEU2 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 CEU2 and buy
Find the fund by its ticker, CEU2, on the London Stock Exchange ETF segment, and place your order.
Why invest in CEU2 from India
What CEU2 holds
The Amundi Core MSCI Europe UCITS ETF aims to mirror, with the highest possible fidelity, the performance of the MSCI Europe Index, regardless of whether market trends are upward or downward. It also endeavors to minimize any divergence between the fund's net asset value and the index's returns.
Outside US estate tax
CEU2 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
CEU2 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 CEU2's UCITS structure matters for Indian investors
CEU2 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 CEU2 from India?
Yes. Indian residents can buy Amundi Index Solutions - MSCI Europe UCITS ETF DR (CEU2) 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 CEU2 invest in?
Its largest holdings are ASML HOLDING NV (4.9%), HSBC HOLDINGS PLC (2.5%) and ROCHE HOLDING AG - GENUSSS CHF (2.2%). Financial Services is its largest sector at 25.6%. The fund is domiciled in Luxembourg.
What is the expense ratio of CEU2?
Amundi Index Solutions - MSCI Europe UCITS ETF DR has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about $9.5B.
Is CEU2 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Index Solutions - MSCI Europe UCITS ETF DR 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 CEU2?
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.