XETRA · UCITS ETF
Invest in EMXC ETF from India
Indian and foreign residents can buy Amundi MSCI Emerging Ex China UCITS ETF (EMXC) units directly through Paasa.
By Paasa · Updated
EMXC at a glance
- Price
- €41.95+€0.08 (0.18%)
- Expense ratio
- 0.15%
- Day range
- €41.76 – €42.30
- Assets
- €4.4B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- +2.50%
- 6 months
- +27.30%
- YTD
- +41.32%
- 1 year
- +52.97%
- 5 years
- +89.37%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP8.7%
- 2AMAZON.COM INC7.7%
- 3META PLATFORMS INC-CLASS A6.4%
- 4ALPHABET INC CL C5.5%
- 5APPLE INC4.4%
- 6UNITEDHEALTH GROUP INC3.6%
- 7TEXAS INSTRUMENTS COM USD13.1%
- 8CROWDSTRIKE HOLDINGS INC - A3.0%
- 9SHERWIN-WILLIAMS CO/THE2.8%
- 10MICRON TECHNOLOGY INC2.7%
These 10 are 47.9% of the fund.
Where the money is invested
Sectors
- Technology49.8%
- Financial Services19.4%
- Industrials6.7%
- Basic Materials6.4%
- Consumer Cyclical4.2%
- Energy3.5%
Countries
- United States99.8%
- Canada0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EMXCLSEAmundi MSCI Emerging Ex China UCITS ETF Acc | 0.15% | 5.0B |
Assets are shown in each fund's own reporting currency.
How to invest in EMXC 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 EUR when you buy.
Step 3
Search EMXC and buy
Find the fund by its ticker, EMXC, on XETRA, and place your order.
Why invest in EMXC from India
What EMXC holds
The Amundi MSCI Emerging Markets Ex China UCITS ETF Acc is a UCITS-regulated exchange-traded fund designed to mirror the performance of the MSCI Emerging Markets ex China Net Return USD Index. This benchmark index encompasses 25 of the 26 emerging economies identified by MSCI, with China specifically excluded.
Outside US estate tax
EMXC 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 EMXC'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 EMXC's UCITS structure matters for Indian investors
EMXC 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 EMXC from India?
Yes. Indian residents can buy Amundi MSCI Emerging Ex China UCITS ETF (EMXC) through Paasa. It is listed on XETRA and trades in EUR. 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 EMXC invest in?
Its largest holdings are NVIDIA CORP (8.7%), AMAZON.COM INC (7.7%) and META PLATFORMS INC-CLASS A (6.4%). Technology is its largest sector at 49.8%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of EMXC?
Amundi MSCI Emerging Ex China UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €4.4B.
Is EMXC a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Emerging Ex China 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 EMXC pay dividends?
No. Amundi MSCI Emerging Ex China 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 EMXC?
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 EUR/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.