London Stock Exchange ETF segment · UCITS ETF
Invest in JPXU ETF from India
Indian and foreign residents can buy Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - C (JPXU) units directly through Paasa.
By Paasa · Updated
JPXU at a glance
- Price
- $294.70+$4.03 (1.38%)
- Expense ratio
- 0.2%
- Day range
- $294.38 – $294.70
- Assets
- $550.5M
- Domicile
- Luxembourg
- Holdings
- 37
- Launched
- 2022
- Dividends
- —
- 1 month
- -1.07%
- 6 months
- +14.88%
- YTD
- +13.60%
- 1 year
- +26.30%
- 5 years
- +82.47%
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%
JPXU 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
- Japan101.8%
How to invest in JPXU 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 JPXU and buy
Find the fund by its ticker, JPXU, on the London Stock Exchange ETF segment, and place your order.
Why invest in JPXU from India
What JPXU holds
This Amundi ETF, named "Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - Hedged USD," is designed to faithfully reproduce the returns of the MSCI JAPAN SRI Filtered PAB 100% Hedged to USD Index (referred to as the "Index"). Its primary objective is to closely mirror the Index's performance across all market conditions, whether advancing or declining.
Outside US estate tax
JPXU is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
JPXU 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.
Why JPXU's UCITS structure matters for Indian investors
JPXU 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 JPXU from India?
Yes. Indian residents can buy Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - C (JPXU) 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 JPXU invest in?
Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - C 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%. The fund is domiciled in Luxembourg.
What is the expense ratio of JPXU?
Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - C has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $550.5M.
Is JPXU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Japan SRI Climate Paris Aligned UCITS ETF DR - C 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.
What tax do I pay in India when I sell JPXU?
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.