London Stock Exchange ETF segment · UCITS ETF
Invest in CI2U ETF from India
Indian and foreign residents can buy Amundi MSCI India Swap II UCITS ETF (CI2U) units directly through Paasa.
By Paasa · Updated
CI2U at a glance
- Price
- $866.40-$5.80 (0.66%)
- Expense ratio
- 0.8%
- Day range
- $866.40 – $866.40
- Assets
- $221.4M
- Domicile
- Luxembourg
- Holdings
- 42
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- -7.05%
- 6 months
- +1.88%
- YTD
- -15.38%
- 1 year
- -12.34%
- 5 years
- +0.95%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP9.2%
- 2APPLE INC9.0%
- 3SOCIETE GENERALE5.8%
- 4TOTALENERGIES SE PARIS5.2%
- 5AXA SA4.8%
- 6MICROSOFT CORP4.6%
- 7ABBVIE INC4.5%
- 8AMAZON.COM INC4.3%
- 9NEWMONT CORP USD4.2%
- 10TESLA INC4.1%
CI2U holds 42 securities in total. These 10 are 55.6% of the fund.
Where the money is invested
Sectors
- Financial Services30.2%
- Consumer Cyclical12.5%
- Industrials10.4%
- Basic Materials8.5%
- Energy8.5%
- Technology8.1%
Countries
- United States76.3%
- France23.7%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| 18MKXETRAAmundi MSCI India Swap II UCITS ETF EUR Acc | 0.8% | 194.7M |
Assets are shown in each fund's own reporting currency.
How to invest in CI2U 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 CI2U and buy
Find the fund by its ticker, CI2U, on the London Stock Exchange ETF segment, and place your order.
Why invest in CI2U from India
What CI2U holds
This Amundi MSCI India Swap II UCITS ETF USD Acc is engineered to precisely replicate the performance of the MSCI Emerging Markets India Net TR (USD) index, consistently tracking its movements whether the market is rising or falling. A core aim is to keep the tracking error—the divergence between the Sub-Fund's net asset value and the index's returns—to a minimum.
Outside US estate tax
CI2U 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 CI2U'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
CI2U 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 CI2U's UCITS structure matters for Indian investors
CI2U 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 CI2U from India?
Yes. Indian residents can buy Amundi MSCI India Swap II UCITS ETF (CI2U) 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 CI2U invest in?
Amundi MSCI India Swap II UCITS ETF holds 42 securities. Its largest holdings are NVIDIA CORP (9.2%), APPLE INC (9.0%) and SOCIETE GENERALE (5.8%). Financial Services is its largest sector at 30.2%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of CI2U?
Amundi MSCI India Swap II UCITS ETF has an expense ratio of 0.8% a year, taken from the fund's assets rather than billed to you. The fund manages about $221.4M.
Is CI2U a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI India Swap II 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 CI2U pay dividends?
No. Amundi MSCI India Swap II 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 CI2U?
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.