XETRA · UCITS ETF
Invest in LBRE ETF from India
Indian and foreign residents can buy Amundi STOXX Europe 600 Basic Resources UCITS ETF (LBRE) units directly through Paasa.
By Paasa · Updated
LBRE at a glance
- Price
- €137.48+€1.40 (1.03%)
- Expense ratio
- 0.3%
- Day range
- €137.48 – €138.34
- Assets
- €588.4M
- Domicile
- Luxembourg
- Holdings
- 44
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -6.72%
- 6 months
- +15.14%
- YTD
- +24.10%
- 1 year
- +48.34%
- 5 years
- +77.07%
Price change, excluding dividends.
Top 10 holdings
- 1ASM INTERNATIONAL NV8.4%
- 2ACCENTURE PLC -A8.4%
- 3AIRBUS SE PARIS8.0%
- 4ASML HOLDING NV7.5%
- 5BAYER AG-REG5.9%
- 6ING GROEP NV4.5%
- 7CRH PLC NYSE4.0%
- 8MERCEDES-BENZ GROUP AG4.0%
- 9LUMENTUM HOLDINGS INC3.8%
- 10ELASTIC NV3.3%
LBRE holds 44 securities in total. These 10 are 57.9% of the fund.
Where the money is invested
Sectors
- Technology37.7%
- Financial Services19.0%
- Industrials12.5%
- Basic Materials6.6%
- Healthcare6.3%
- Communication Services6.0%
Countries
- Netherlands32.7%
- United States26.8%
- Germany16.3%
- Ireland10.3%
- Denmark3.9%
- Sweden3.6%
How to invest in LBRE 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 LBRE and buy
Find the fund by its ticker, LBRE, on XETRA, and place your order.
Why invest in LBRE from India
What LBRE holds
The Amundi STOXX Europe 600 Basic Resources UCITS ETF Acc endeavors to track the performance of the STOXX Europe 600 Basic Resources Net Total Return index (referred to as "the Index") as accurately as possible, regardless of whether market trends are upward or downward. Comprehensive details concerning the Index's methodology are available in the fund's prospectus or Key Information Document (KID).
Outside US estate tax
LBRE 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 LBRE'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 LBRE's UCITS structure matters for Indian investors
LBRE 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 LBRE from India?
Yes. Indian residents can buy Amundi STOXX Europe 600 Basic Resources UCITS ETF (LBRE) 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 LBRE invest in?
Amundi STOXX Europe 600 Basic Resources UCITS ETF holds 44 securities. Its largest holdings are ASM INTERNATIONAL NV (8.4%), ACCENTURE PLC -A (8.4%) and AIRBUS SE PARIS (8.0%). Technology is its largest sector at 37.7%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LBRE?
Amundi STOXX Europe 600 Basic Resources UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about €588.4M.
Is LBRE a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi STOXX Europe 600 Basic Resources 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 LBRE pay dividends?
No. Amundi STOXX Europe 600 Basic Resources 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 LBRE?
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.