XETRA · ETF
Invest in F702 ETF from India
Indian and foreign residents can buy Amundi Multi-Asset Portfolio Defensive UCITS ETF (F702) units directly through Paasa.
By Paasa · Updated
F702 at a glance
- Price
- €146.64-€0.40 (0.27%)
- Expense ratio
- 0.38%
- Day range
- €146.32 – €147.52
- Assets
- €77.3M
- Domicile
- Germany
- Holdings
- —
- Launched
- 2018
- Dividends
- Distributing
- 1 month
- -2.73%
- 6 months
- +5.74%
- YTD
- +4.49%
- 1 year
- +6.96%
- 5 years
- +22.57%
Price change, excluding dividends.
Top 10 holdings
- 1iShares Pfandbriefe ETF DE18.2%
- 2Amundi Core S&P 500 Swap ETF USD Dist11.5%
- 3Am Stoxx Eur600 UCITS ETF Acc (PAR)10.5%
- 4Amundi Smart Overnight Return ETF D EUR9.9%
- 5Amundi Euro Government Bd 1-3Y ETF Dist9.7%
- 6AMUNDI PRIME EURO GOVIES9.4%
- 7Amundi MSCI Emerging Markets II ETF (DEU7.0%
- 8AM MSCI PAC ESG CLIMATE NZAMB ETF (DEU)6.6%
- 9Amundi Physical Gold ETC C6.5%
- 10Amundi DAX UCITS ETF Dist (SWX)4.1%
These 10 are 93.5% of the fund.
Where the money is invested
Sectors
- Technology23.7%
- Financial Services20.1%
- Industrials16.0%
- Consumer Cyclical9.5%
- Healthcare8.0%
- Communication Services6.1%
Countries
- Luxembourg69.5%
- Germany23.8%
- France6.5%
- Other0.2%
How to invest in F702 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 F702 and buy
Find the fund by its ticker, F702, on XETRA, and place your order.
Why invest in F702 from India
What F702 holds
This Amundi Multi-Asset Portfolio Defensive UCITS ETF Dist functions as a fund of funds, merging the benefits of accessible, cost-effective, and liquid exchange-traded funds with the extensive diversification inherent in a multi-fund structure. Its primary goal is to achieve consistent capital growth by strategically diversifying across various asset classes, geographic regions, industries, and currencies.
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.
Frequently asked questions
Can I buy F702 from India?
Yes. Indian residents can buy Amundi Multi-Asset Portfolio Defensive UCITS ETF (F702) 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 F702 invest in?
Its largest holdings are iShares Pfandbriefe ETF DE (18.2%), Amundi Core S&P 500 Swap ETF USD Dist (11.5%) and Am Stoxx Eur600 UCITS ETF Acc (PAR) (10.5%). Technology is its largest sector at 23.7%. It is a distributing fund domiciled in Germany.
What is the expense ratio of F702?
Amundi Multi-Asset Portfolio Defensive UCITS ETF has an expense ratio of 0.38% a year, taken from the fund's assets rather than billed to you. The fund manages about €77.3M.
How are F702 dividends taxed in India?
Amundi Multi-Asset Portfolio Defensive UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell F702?
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.