London Stock Exchange ETF segment · UCITS ETF
Invest in INFL ETF from India
Indian and foreign residents can buy Amundi Euro Inflation Expectations 2-10Y UCITS ETF (INFL) units directly through Paasa.
By Paasa · Updated
INFL at a glance
- Price
- £104.76+£0.00 (0.12%)
- Expense ratio
- 0.25%
- Day range
- £104.76 – £104.76
- Assets
- £220.0M
- Domicile
- Luxembourg
- Holdings
- 206
- Launched
- 2016
- Dividends
- Accumulating
- 1 month
- +0.95%
- 6 months
- +1.13%
- YTD
- +2.90%
- 1 year
- +2.88%
- 5 years
- +22.54%
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE OAT 1.85% 25Jul2723.2%
- 2AGENCE FRANCA 3.625% Sep33 EMTN9.3%
- 3AIR LIQUIDE F 0.375% Sep33 EMTN5.0%
- 4FRENCH REPUBL OAT IE 0.6% 25Jul344.8%
- 5ITALGAS SPA 1.625% Jan29 EMTN3.8%
- 6FRANCE OAT 0.1% 01Mar283.5%
- 7QUEBEC PROVIN 0.875% May273.5%
- 8FRENCH REPUBL OAT 3.2% 25May352.6%
- 9ABERTIS FRANC 0.625% Sep28 EMTN2.0%
- 10NETHERLANDS 0% 15Jan271.8%
INFL holds 206 securities in total. These 10 are 59.4% of the fund.
Where the money is invested
Countries
- France63.3%
- Canada5.9%
- Italy5.5%
- Other5.2%
- Netherlands5.1%
- Germany4.0%
How to invest in INFL 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 GBP when you buy.
Step 3
Search INFL and buy
Find the fund by its ticker, INFL, on the London Stock Exchange ETF segment, and place your order.
Why invest in INFL from India
What INFL holds
This Amundi UCITS exchange-traded fund (ETF) is designed to capture Euro inflation expectations across a 2-10 year timeframe. Its objective is to replicate the performance of the Markit iBoxx EUR Breakeven Euro-Inflation France & Germany Index Nominal TRI.
Outside US estate tax
INFL 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 INFL'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 INFL's UCITS structure matters for Indian investors
INFL 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 INFL from India?
Yes. Indian residents can buy Amundi Euro Inflation Expectations 2-10Y UCITS ETF (INFL) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 INFL invest in?
Amundi Euro Inflation Expectations 2-10Y UCITS ETF holds 206 securities. Its largest holdings are FRANCE OAT 1.85% 25Jul27 (23.2%), AGENCE FRANCA 3.625% Sep33 EMTN (9.3%) and AIR LIQUIDE F 0.375% Sep33 EMTN (5.0%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of INFL?
Amundi Euro Inflation Expectations 2-10Y UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about £220.0M.
Is INFL a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Euro Inflation Expectations 2-10Y 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 INFL pay dividends?
No. Amundi Euro Inflation Expectations 2-10Y 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 INFL?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the GBP/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.