XETRA · UCITS ETF
Invest in KX1G ETF from India
Indian and foreign residents can buy Amundi Index Solutions - Amundi Euro Lowest Rated IG Government Bond UCITS ETF-C (KX1G) units directly through Paasa.
By Paasa · Updated
KX1G at a glance
- Price
- €225.07-€0.81 (0.36%)
- Expense ratio
- 0.14%
- Day range
- €225.00 – €225.78
- Assets
- €1.3B
- Domicile
- Luxembourg
- Holdings
- 214
- Launched
- 2018
- Dividends
- —
- 1 month
- -2.44%
- 6 months
- -1.80%
- YTD
- -3.21%
- 1 year
- -2.55%
- 5 years
- -12.44%
Price change, excluding dividends.
Top 10 holdings
- 1BELGIUM OLO 5% 28Mar351.4%
- 2KINGDOM OF BE OLO 3% 22Jun331.4%
- 3BELGIUM OLO 5.5% 28Mar281.2%
- 4KINGDOM OF BE OLO 2.85% 22Oct341.2%
- 5KINGDOM OF BE OLO 0.9% 22Jun291.1%
- 6BELGIUM OLO 4.25% 28Mar411.1%
- 7KINGDOM OF BE OLO 0.8% 22Jun281.0%
- 8PORTUGUESE RE 2.125% 17Oct281.0%
- 9BELGIUM OLO 1% 22Jun311.0%
- 10KINGDOM OF BE OLO 3.1% 22Jun350.9%
KX1G holds 214 securities in total. These 10 are 11.2% of the fund.
Where the money is invested
Countries
- Spain30.1%
- Italy29.8%
- Belgium23.9%
- Portugal9.4%
- Ireland6.7%
How to invest in KX1G 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 KX1G and buy
Find the fund by its ticker, KX1G, on XETRA, and place your order.
Why invest in KX1G from India
What KX1G holds
The Amundi Euro Lowest Rated IG Government Bond UCITS ETF Acc aims to mirror the performance of the FTSE Eurozone Lowest-Rated Government Bond IG Index as accurately as possible, irrespective of market trends. Its core objective is to minimize any deviation between the Sub-Fund's net asset value and the Index's returns.
Outside US estate tax
KX1G 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 KX1G's UCITS structure matters for Indian investors
KX1G 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 KX1G from India?
Yes. Indian residents can buy Amundi Index Solutions - Amundi Euro Lowest Rated IG Government Bond UCITS ETF-C (KX1G) 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 KX1G invest in?
Amundi Index Solutions - Amundi Euro Lowest Rated IG Government Bond UCITS ETF-C holds 214 securities. Its largest holdings are BELGIUM OLO 5% 28Mar35 (1.4%), KINGDOM OF BE OLO 3% 22Jun33 (1.4%) and BELGIUM OLO 5.5% 28Mar28 (1.2%). The fund is domiciled in Luxembourg.
What is the expense ratio of KX1G?
Amundi Index Solutions - Amundi Euro Lowest Rated IG Government Bond UCITS ETF-C has an expense ratio of 0.14% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.3B.
Is KX1G a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Index Solutions - Amundi Euro Lowest Rated IG Government Bond UCITS ETF-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 KX1G?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.