XETRA · UCITS ETF
Invest in GOAI ETF from India
Indian and foreign residents can buy Amundi MSCI Robotics & AI UCITS ETF (GOAI) units directly through Paasa.
By Paasa · Updated
GOAI at a glance
- Price
- €136.64-€3.34 (2.39%)
- Expense ratio
- 0.4%
- Day range
- €135.80 – €140.74
- Assets
- €1.2B
- Domicile
- Luxembourg
- Holdings
- 166
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- -10.39%
- 6 months
- +2.15%
- YTD
- +20.66%
- 1 year
- +19.48%
- 5 years
- +52.21%
Price change, excluding dividends.
Top 10 holdings
- 1CROWDSTRIKE HOLDINGS INC - A4.9%
- 2PALO ALTO NETWORKS INC4.7%
- 3ARISTA NETWORKS INC4.5%
- 4ADVANCED MICRO DEVICES4.5%
- 5SAP SE / XETRA4.3%
- 6MICROSOFT CORP4.1%
- 7APPLE INC4.0%
- 8INTUITIVE SURGICAL INC3.4%
- 9CISCO SYSTEMS INC2.9%
- 10ABB LTD-REG2.8%
GOAI holds 166 securities in total. These 10 are 40.1% of the fund.
Where the money is invested
Sectors
- Technology80.9%
- Industrials8.4%
- Communication Services5.7%
- Healthcare4.5%
- Consumer Cyclical0.3%
- Financial Services0.1%
Countries
- United States80.3%
- Germany6.2%
- Switzerland4.1%
- China2.7%
- Japan2.3%
- Sweden1.4%
How to invest in GOAI 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 GOAI and buy
Find the fund by its ticker, GOAI, on XETRA, and place your order.
Why invest in GOAI from India
What GOAI holds
This Amundi ETF seeks to closely mirror the performance of the MSCI ACWI IMI Robotics & AI Filtered Index, regardless of market movements. Its goal is to minimize any deviation between the Sub-Fund's net asset value and the index's returns.
Outside US estate tax
GOAI 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 GOAI'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 GOAI's UCITS structure matters for Indian investors
GOAI 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 GOAI from India?
Yes. Indian residents can buy Amundi MSCI Robotics & AI UCITS ETF (GOAI) 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 GOAI invest in?
Amundi MSCI Robotics & AI UCITS ETF holds 166 securities. Its largest holdings are CROWDSTRIKE HOLDINGS INC - A (4.9%), PALO ALTO NETWORKS INC (4.7%) and ARISTA NETWORKS INC (4.5%). Technology is its largest sector at 80.9%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of GOAI?
Amundi MSCI Robotics & AI UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.2B.
Is GOAI a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Robotics & AI 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 GOAI pay dividends?
No. Amundi MSCI Robotics & AI 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 GOAI?
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.