London Stock Exchange ETF segment · ETF
Invest in INRU ETF from India
Indian and foreign residents can buy Amundi MSCI India Swap UCITS ETF (INRU) units directly through Paasa.
By Paasa · Updated
INRU at a glance
- Price
- $27.33-$0.07 (0.24%)
- Expense ratio
- 0.85%
- Day range
- $27.33 – $27.47
- Assets
- $992.8M
- Domicile
- France
- Holdings
- —
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -7.21%
- 6 months
- +1.25%
- YTD
- -15.53%
- 1 year
- -12.27%
- 5 years
- +0.05%
Price change, excluding dividends.
Top 10 holdings
- 1GILEAD SCIENCES INC9.0%
- 2UNITEDHEALTH GROUP INC8.9%
- 3APPLE INC7.5%
- 4META PLATFORMS INC-CLASS A6.6%
- 5ABBVIE INC4.8%
- 6COSTCO WHOLESALE CORP4.7%
- 7NVIDIA CORP4.6%
- 8BROADCOM INC4.5%
- 93M CO4.4%
- 10AMAZON.COM INC4.4%
These 10 are 59.4% 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 States90.1%
- France9.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LYMDXETRAAmundi MSCI India Swap UCITS ETF EUR Acc | 0.85% | 892.2M |
| XCS5LSEXtrackers MSCI India Swap UCITS ETF 1C | 0.19% | 574.5M |
Assets are shown in each fund's own reporting currency.
How to invest in INRU 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 INRU and buy
Find the fund by its ticker, INRU, on the London Stock Exchange ETF segment, and place your order.
Why invest in INRU from India
What INRU holds
The Amundi MSCI India Swap UCITS ETF USD Acc endeavors to accurately mirror the financial performance of the MSCI Emerging Markets India Net TR (USD) index, whether the market is experiencing an upturn or a downturn. A key objective is also to minimize any divergence between the Sub-Fund's net asset value and the index's returns.
Dividends reinvested for you
Dividends from INRU's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
INRU 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 INRU from India?
Yes. Indian residents can buy Amundi MSCI India Swap UCITS ETF (INRU) through Paasa. It is listed on the London Stock Exchange ETF segment 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 INRU invest in?
Its largest holdings are GILEAD SCIENCES INC (9.0%), UNITEDHEALTH GROUP INC (8.9%) and APPLE INC (7.5%). Financial Services is its largest sector at 30.2%. It is an accumulating fund domiciled in France.
What is the expense ratio of INRU?
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 $992.8M.
Does INRU 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 INRU?
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.