Singapore Exchange · ETF
Invest in G1N ETF from India
Indian and foreign residents can buy Amundi MSCI India Swap UCITS ETF (G1N) units directly through Paasa.
By Paasa · Updated
G1N at a glance
- Price
- $30.32-$0.32 (1.04%)
- Expense ratio
- 0.85%
- Day range
- $29.60 – $30.60
- Assets
- $1.1B
- Domicile
- France
- Holdings
- —
- Launched
- 2019
- Dividends
- —
- 1 month
- +11.55%
- 6 months
- +6.84%
- YTD
- -7.33%
- 1 year
- -7.28%
- 5 years
- +8.83%
Price change, excluding dividends.
Top 10 holdings
- 1PROCTER & GAMBLE CO/THE8.5%
- 2UNITEDHEALTH GROUP INC8.1%
- 3AMAZON.COM INC6.5%
- 4MORGAN STANLEY6.4%
- 5COSTCO WHOLESALE CORP6.4%
- 6CVS HEALTH CORP4.4%
- 7LAM RESEARCH CORP4.0%
- 8ABBVIE INC4.0%
- 9THE CIGNA GROUP3.8%
- 10NVIDIA CORP3.7%
These 10 are 55.7% of the fund.
Where the money is invested
Sectors
- Financial Services29.7%
- Consumer Cyclical12.3%
- Industrials10.2%
- Basic Materials8.5%
- Energy8.3%
- Technology7.6%
Countries
- India100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| INRULSEAmundi MSCI India Swap UCITS ETF USD Acc | 0.85% | 1.1B |
| LYMDXETRAAmundi MSCI India Swap UCITS ETF EUR ACC | 0.85% | 962.2M |
| XCS5LSEXtrackers MSCI India Swap UCITS ETF 1C | 0.19% | 675.1M |
Assets are shown in each fund's own reporting currency.
How to invest in G1N 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 G1N and buy
Find the fund by its ticker, G1N, on the Singapore Exchange, and place your order.
Why invest in G1N from India
What G1N holds
The Fund is a passively managed index UCITS. The Fund's management objective is to replicate, both on the upside and the downside, the performance of the MSCI India Net Total Return Index.
Hold a dollar asset
G1N 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.
Frequently asked questions
Can I buy G1N from India?
Yes. Indian residents can buy Amundi MSCI India Swap UCITS ETF (G1N) through Paasa. It is listed on the Singapore Exchange 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 G1N invest in?
Its largest holdings are PROCTER & GAMBLE CO/THE (8.5%), UNITEDHEALTH GROUP INC (8.1%) and AMAZON.COM INC (6.5%). Financial Services is its largest sector at 29.7%. The fund is domiciled in France.
What is the expense ratio of G1N?
Amundi MSCI India Swap UCITS ETF has an expense ratio of 0.85% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.1B.
What tax do I pay in India when I sell G1N?
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.