London Stock Exchange ETF segment · UCITS ETF
Invest in KRWL ETF from India
Indian and foreign residents can buy Amundi MSCI Korea UCITS ETF (KRWL) units directly through Paasa.
By Paasa · Updated
KRWL at a glance
- Price
- £156.44+£0.50 (0.32%)
- Expense ratio
- 0.45%
- Day range
- £155.70 – £159.08
- Assets
- £916.0M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- +5.72%
- 6 months
- +45.16%
- YTD
- +91.62%
- 1 year
- +140.14%
- 5 years
- +159.11%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP7.8%
- 2APPLE INC7.4%
- 3AMAZON.COM INC6.3%
- 4APPLIED MATERIALS INC5.7%
- 5TESLA INC5.2%
- 6BROADCOM INC3.9%
- 7UNITEDHEALTH GROUP INC3.8%
- 8META PLATFORMS INC-CLASS A3.4%
- 9PALO ALTO NETWORKS INC3.1%
- 10ASTERA LABS INC2.8%
These 10 are 49.3% of the fund.
Where the money is invested
Countries
- United States100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IKORLSEiShares MSCI Korea UCITS ETF USD (Dist) | 0.65% | 875.6M |
| XKS2LSEXtrackers MSCI Korea UCITS ETF 1C | 0.45% | 515.0M |
| CSKRLSEiShares MSCI Korea UCITS ETF USD (Acc) | 0.65% | 863.0M |
| IQQKXETRAiShares MSCI Korea UCITS ETF USD (Dist) | 0.65% | 1.0B |
| DBX8XETRAXtrackers MSCI Korea UCITS ETF 1C | 0.45% | 602.9M |
Assets are shown in each fund's own reporting currency.
How to invest in KRWL 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 KRWL and buy
Find the fund by its ticker, KRWL, on the London Stock Exchange ETF segment, and place your order.
Why invest in KRWL from India
What KRWL holds
The Amundi MSCI Korea UCITS ETF - Acc is an exchange-traded fund, compliant with UCITS regulations, designed to replicate the performance of the MSCI Korea 20/35 Index. This includes accounting for any dividends distributed by the constituent stocks of the index.
Outside US estate tax
KRWL 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 KRWL'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 KRWL's UCITS structure matters for Indian investors
KRWL 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 KRWL from India?
Yes. Indian residents can buy Amundi MSCI Korea UCITS ETF (KRWL) 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 KRWL invest in?
Its largest holdings are NVIDIA CORP (7.8%), APPLE INC (7.4%) and AMAZON.COM INC (6.3%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of KRWL?
Amundi MSCI Korea UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about £916.0M.
Is KRWL a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Korea 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 KRWL pay dividends?
No. Amundi MSCI Korea 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 KRWL?
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.