London Stock Exchange ETF segment · ETF
Invest in INRL ETF from India
Indian and foreign residents can buy Amundi MSCI India Swap UCITS ETF (INRL) units directly through Paasa.
By Paasa · Updated
INRL at a glance
- Price
- £20.57+£0.01 (0.05%)
- Expense ratio
- 0.85%
- Day range
- £20.31 – £20.61
- Assets
- £748.3M
- Domicile
- France
- Holdings
- —
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -5.46%
- 6 months
- -0.38%
- YTD
- -14.36%
- 1 year
- -11.94%
- 5 years
- +2.12%
Price change, excluding dividends.
Top 10 holdings
- 1UNITEDHEALTH GROUP INC8.9%
- 2GILEAD SCIENCES INC8.4%
- 3APPLE INC7.4%
- 4META PLATFORMS INC-CLASS A6.9%
- 5ABBVIE INC4.8%
- 6NVIDIA CORP4.6%
- 7BROADCOM INC4.6%
- 8COSTCO WHOLESALE CORP4.5%
- 9AMAZON.COM INC4.5%
- 103M CO4.4%
These 10 are 58.8% of the fund.
Where the money is invested
Sectors
- Financial Services30.2%
- Consumer Cyclical12.5%
- Industrials10.4%
- Basic Materials8.5%
- Energy8.5%
- Technology8.1%
Countries
- United States90.4%
- France9.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XCX5LSEXtrackers MSCI India Swap UCITS ETF 1C | 0.19% | 424.3M |
| XCS5LSEXtrackers MSCI India Swap UCITS ETF 1C | 0.19% | 562.7M |
| LYMDXETRAAmundi MSCI India Swap UCITS ETF EUR Acc | 0.85% | 876.0M |
| INRULSEAmundi MSCI India Swap UCITS ETF USD Acc | 0.85% | 992.8M |
| XCS5XETRAXtrackers MSCI India Swap UCITS ETF 1C | 0.19% | 496.7M |
Assets are shown in each fund's own reporting currency.
How to invest in INRL 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 INRL and buy
Find the fund by its ticker, INRL, on the London Stock Exchange ETF segment, and place your order.
Why invest in INRL from India
What INRL holds
The Fund is a passively managed index-tracking UCITS.
Dividends reinvested for you
Dividends from INRL'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.
Frequently asked questions
Can I buy INRL from India?
Yes. Indian residents can buy Amundi MSCI India Swap UCITS ETF (INRL) 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 INRL invest in?
Its largest holdings are UNITEDHEALTH GROUP INC (8.9%), GILEAD SCIENCES INC (8.4%) and APPLE INC (7.4%). Financial Services is its largest sector at 30.2%. It is an accumulating fund domiciled in France.
What is the expense ratio of INRL?
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 £748.3M.
Does INRL pay dividends?
No. Amundi MSCI India Swap 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 INRL?
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 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.