XETRA · UCITS ETF
Invest in JPNE ETF from India
Indian and foreign residents can buy Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - D (JPNE) units directly through Paasa.
By Paasa · Updated
JPNE at a glance
- Price
- €37.63+€0.44 (1.17%)
- Expense ratio
- 0.2%
- Day range
- €37.61 – €37.73
- Assets
- €491.1M
- Domicile
- Luxembourg
- Holdings
- 37
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- -1.19%
- 6 months
- +14.54%
- YTD
- +12.28%
- 1 year
- +22.20%
- 5 years
- +50.08%
Price change, excluding dividends.
Top 10 holdings
- 1SUMITOMO MITSUI FINANCIAL GROUP4.8%
- 2TOKYO ELECTRON JPY504.7%
- 3SONY GROUP CORP (JT)4.6%
- 4TOKIO MARINE HOLDINGS INC4.5%
- 5SOMPO HOLDINGS INC4.5%
- 6FANUC CORP3.9%
- 7HOYA CORP3.9%
- 8DISCO CORP3.6%
- 9RECRUIT HOLDINGS CO LTD3.4%
- 10KDDI CORP3.3%
JPNE holds 37 securities in total. These 10 are 41.4% of the fund.
Where the money is invested
Sectors
- Technology19.3%
- Financial Services17.8%
- Industrials16.3%
- Communication Services14.9%
- Consumer Cyclical14.1%
- Healthcare8.6%
Countries
- Japan100.0%
How to invest in JPNE 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 JPNE and buy
Find the fund by its ticker, JPNE, on XETRA, and place your order.
Why invest in JPNE from India
What JPNE holds
This Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - Hedged EUR (D) aims to mirror, as accurately as possible, the returns of the MSCI JAPAN SRI Filtered PAB 100% Hedged to USD Index (the "Index"), regardless of market trends. A core objective is to ensure minimal deviation between the fund's net asset value and the Index's performance.
Outside US estate tax
JPNE is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 JPNE's UCITS structure matters for Indian investors
JPNE 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 JPNE from India?
Yes. Indian residents can buy Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - D (JPNE) 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 JPNE invest in?
Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - D holds 37 securities. Its largest holdings are SUMITOMO MITSUI FINANCIAL GROUP (4.8%), TOKYO ELECTRON JPY50 (4.7%) and SONY GROUP CORP (JT) (4.6%). Technology is its largest sector at 19.3%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of JPNE?
Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - D has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €491.1M.
Is JPNE a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - D 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.
How are JPNE dividends taxed in India?
Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - D is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell JPNE?
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.