London Stock Exchange ETF segment · UCITS ETF
Invest in FINW ETF from India
Indian and foreign residents can buy Amundi MSCI World Financials UCITS ETF (FINW) units directly through Paasa.
By Paasa · Updated
FINW at a glance
- Price
- $456.83+$4.93 (1.09%)
- Expense ratio
- 0.3%
- Day range
- $456.10 – $457.50
- Assets
- $843.1M
- Domicile
- Luxembourg
- Holdings
- 52
- Launched
- 2010
- Dividends
- Accumulating
- 1 month
- -3.90%
- 6 months
- +18.17%
- YTD
- +6.79%
- 1 year
- +13.25%
- 5 years
- +85.69%
Price change, excluding dividends.
Top 10 holdings
- 1BANK OF AMERICA CORPBAC8.8%
- 2AMAZON.COM INCAMZN8.8%
- 3APPLE INCAAPL7.7%
- 4JOHNSON & JOHNSONJNJ7.0%
- 5RTX CORPRTX6.6%
- 6MICROSOFT CORPMSFT4.5%
- 7NVIDIA CORPNVDA4.4%
- 8VERIZON COMMUNICATIONS INCVZ4.3%
- 9ORACLE CORPORCL4.3%
- 10AXA SACS.PA4.2%
FINW holds 52 securities in total. These 10 are 60.7% of the fund.
Where the money is invested
Sectors
- Financial Services30.4%
- Technology24.6%
- Consumer Cyclical17.1%
- Healthcare10.3%
- Industrials8.7%
- Communication Services4.9%
Countries
- United States80.1%
- France15.5%
- Switzerland3.7%
- Bermuda0.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XDWFLSEXtrackers MSCI World Financials UCITS ETF 1C | 0.25% | 1.5B |
| LYPDXETRAAmundi MSCI World Financials UCITS ETF EUR Acc | 0.3% | 739.5M |
Assets are shown in each fund's own reporting currency.
How to invest in FINW 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 FINW and buy
Find the fund by its ticker, FINW, on the London Stock Exchange ETF segment, and place your order.
Why invest in FINW from India
What FINW holds
"The Amundi MSCI World Financials TR UCITS ETF - Acc (USD) is an exchange-traded fund, adhering to UCITS standards, that aims to replicate the performance of its designated benchmark, the MSCI Daily TR World Net Financials USD. This benchmark is a market-capitalization-weighted index, adjusted for free float, specifically crafted to gauge the performance and represent the accessible universe of publicly traded companies within the global financials sector.
Outside US estate tax
FINW 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 FINW'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
FINW 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 FINW's UCITS structure matters for Indian investors
FINW 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 FINW from India?
Yes. Indian residents can buy Amundi MSCI World Financials UCITS ETF (FINW) 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 FINW invest in?
Amundi MSCI World Financials UCITS ETF holds 52 securities. Its largest holdings are BANK OF AMERICA CORP (8.8%), AMAZON.COM INC (8.8%) and APPLE INC (7.7%). Financial Services is its largest sector at 30.4%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of FINW?
Amundi MSCI World Financials UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about $843.1M.
Is FINW a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI World Financials 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 FINW pay dividends?
No. Amundi MSCI World Financials 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 FINW?
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.