London Stock Exchange ETF segment · UCITS ETF
Invest in ELLE ETF from India
Indian and foreign residents can buy Amundi Global Gender Equality UCITS ETF (ELLE) units directly through Paasa.
By Paasa · Updated
ELLE at a glance
- Price
- $20.40-$0.08 (0.38%)
- Expense ratio
- 0.2%
- Day range
- $20.40 – $20.40
- Assets
- $44.8M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -4.21%
- 6 months
- +4.68%
- YTD
- +4.63%
- 1 year
- +8.87%
- 5 years
- +42.87%
Price change, excluding dividends.
Top 10 holdings
- 1ILLUMINA INC1.8%
- 2KEYSIGHT TECHNOLOGIES INC1.3%
- 3CHARLES RIV LAB INT1.2%
- 4MERCK & CO. INC.1.1%
- 5STANDARD CHARTERED PLC1.0%
- 6BIOGEN INC1.0%
- 7ABN AMRO BANK NV-CVA1.0%
- 8SCHRODERS PLC1.0%
- 9GITLAB INC-CL A1.0%
- 10AMGEN INC0.9%
These 10 are 11.3% of the fund.
Where the money is invested
Sectors
- Financial Services23.7%
- Healthcare17.1%
- Consumer Cyclical11.4%
- Consumer Defensive10.3%
- Communication Services9.1%
- Utilities7.2%
Countries
- United States46.7%
- United Kingdom12.1%
- France8.9%
- Australia8.9%
- Sweden3.6%
- Norway3.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| GENELSEUBS Global Gender Equality UCITS ETF USD acc | 0.2% | 148.4M |
Assets are shown in each fund's own reporting currency.
How to invest in ELLE 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 ELLE and buy
Find the fund by its ticker, ELLE, on the London Stock Exchange ETF segment, and place your order.
Why invest in ELLE from India
What ELLE holds
The Amundi Global Gender Equality UCITS ETF Acc is designed to closely track the performance of the US dollar-denominated Solactive Equileap Global Gender Equality Index. The fund aims to replicate the Index's returns as accurately as possible, whether the market is rising or falling, while simultaneously striving to minimize its "Tracking Error." This error denotes the difference between the Sub-Fund's returns and those of the Index.
Outside US estate tax
ELLE 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 ELLE'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
ELLE 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 ELLE's UCITS structure matters for Indian investors
ELLE 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 ELLE from India?
Yes. Indian residents can buy Amundi Global Gender Equality UCITS ETF (ELLE) 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 ELLE invest in?
Its largest holdings are ILLUMINA INC (1.8%), KEYSIGHT TECHNOLOGIES INC (1.3%) and CHARLES RIV LAB INT (1.2%). Financial Services is its largest sector at 23.7%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of ELLE?
Amundi Global Gender Equality UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $44.8M.
Is ELLE a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Global Gender Equality 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 ELLE pay dividends?
No. Amundi Global Gender Equality 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 ELLE?
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.