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Singapore Exchange · ETF

Invest in H1N ETF from India

Indian and foreign residents can buy Amundi MSCI Emerging Markets Swap II UCITS ETF (H1N) units directly through Paasa.

By Paasa · Updated

H1N at a glance

Price
$19.84-$0.09 (0.45%)
Expense ratio
0.55%
Day range
$18.81 – $19.93
Assets
$1.0B
Domicile
France
Holdings
—
Launched
2018
Dividends
—
1 month
-6.50%
6 months
-8.32%
YTD
+11.71%
1 year
+12.60%
5 years
+35.89%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1AIR LIQUIDE PRIME FIDELITE8.8%
  2. 2L OREAL PRIME FIDELITE6.9%
  3. 3CREDIT AGRICOLE SA5.3%
  4. 4PROCTER & GAMBLE CO/THE4.8%
  5. 5MICRON TECHNOLOGY INC4.6%
  6. 6BROADCOM INC4.6%
  7. 7TESLA INC4.4%
  8. 8ORACLE CORP4.4%
  9. 9AMAZON.COM INC4.3%
  10. 10LVMH MOET HENNESSY LOUIS VUI4.3%

These 10 are 52.5% of the fund.

Where the money is invested

Sectors

  • Technology44.2%
  • Financial Services19.2%
  • Consumer Cyclical7.5%
  • Industrials6.0%
  • Communication Services5.8%
  • Basic Materials5.7%

Countries

  • Taiwan28.6%
  • South Korea21.4%
  • China18.9%
  • India10.7%
  • Brazil4.0%
  • South Africa2.5%

Similar funds

FundExpense ratioAssets
LYM7XETRAAmundi MSCI Emerging Markets Swap II UCITS ETF EUR Acc0.55%910.7M
LEMDLSEAmundi MSCI Emerging Markets Swap II UCITS ETF USD Acc0.55%1.0B

Assets are shown in each fund's own reporting currency.

How to invest in H1N from India

  1. 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.

  2. 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.

  3. Step 3

    Search H1N and buy

    Find the fund by its ticker, H1N, on the Singapore Exchange, and place your order.

Why invest in H1N from India

What H1N holds

A passively managed equity ETF that seeks to track the MSCI Emerging Markets Net Total Return Index while minimizing tracking error. It provides exposure to emerging-market stock markets and uses synthetic replication.

Hold a dollar asset

H1N 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 H1N from India?

Yes. Indian residents can buy Amundi MSCI Emerging Markets Swap II UCITS ETF (H1N) 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 H1N invest in?

Its largest holdings are AIR LIQUIDE PRIME FIDELITE (8.8%), L OREAL PRIME FIDELITE (6.9%) and CREDIT AGRICOLE SA (5.3%). Technology is its largest sector at 44.2%. The fund is domiciled in France.

What is the expense ratio of H1N?

Amundi MSCI Emerging Markets Swap II UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.0B.

What tax do I pay in India when I sell H1N?

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.

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