London Stock Exchange ETF segment · UCITS ETF
Invest in CSH2 ETF from India
Indian and foreign residents can buy Amundi Smart Overnight Return UCITS ETF (CSH2) units directly through Paasa.
By Paasa · Updated
CSH2 at a glance
- Price
- £1,253.90+£0.20 (0.02%)
- Expense ratio
- 0.1%
- Day range
- £1,253.90 – £1,255.00
- Assets
- £19.1B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2025
- Dividends
- Accumulating
- 1 month
- +0.36%
- 6 months
- +2.12%
- YTD
- +3.14%
- 1 year
- +4.27%
- 5 years
- +21.23%
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INC6.3%
- 2MICROSOFT CORP5.1%
- 3AMAZON.COM INC5.1%
- 4NVIDIA CORP3.5%
- 5BROADCOM INC3.1%
- 6INTEL CORP3.1%
- 7ADVANCED MICRO DEVICES3.1%
- 8TESLA INC2.9%
- 9ALPHABET INC CL C2.6%
- 10MICRON TECHNOLOGY INC2.2%
These 10 are 36.9% of the fund.
Where the money is invested
Sectors
- Technology35.9%
- Communication Services13.9%
- Consumer Cyclical13.9%
- Healthcare11.3%
- Financial Services10.3%
- Industrials6.3%
Countries
- United States95.6%
- Germany2.0%
- Japan0.9%
- Netherlands0.9%
- United Kingdom0.1%
- Luxembourg0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SMTCLSEAmundi Smart Overnight Return UCITS ETF USD Hedged Acc | 0.1% | 25.3B |
| EGV2XETRAAmundi Smart Overnight Return UCITS ETF Dist | 0.1% | 22.2B |
Assets are shown in each fund's own reporting currency.
How to invest in CSH2 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 CSH2 and buy
Find the fund by its ticker, CSH2, on the London Stock Exchange ETF segment, and place your order.
Why invest in CSH2 from India
What CSH2 holds
The Amundi Smart Overnight Return UCITS ETF GBP Hedged Acc is engineered to accurately reflect the returns of the Euro Short-Term Rate (€STR) benchmark. The fund's core mission is to track the €STR's performance with utmost precision, irrespective of whether the market trend is upward or downward.
Outside US estate tax
CSH2 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 CSH2's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 CSH2's UCITS structure matters for Indian investors
CSH2 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 CSH2 from India?
Yes. Indian residents can buy Amundi Smart Overnight Return UCITS ETF (CSH2) 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 CSH2 invest in?
Its largest holdings are APPLE INC (6.3%), MICROSOFT CORP (5.1%) and AMAZON.COM INC (5.1%). Technology is its largest sector at 35.9%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of CSH2?
Amundi Smart Overnight Return UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about £19.1B.
Is CSH2 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Smart Overnight Return 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 CSH2 pay dividends?
No. Amundi Smart Overnight Return 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 CSH2?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.