London Stock Exchange ETF segment · UCITS ETF
Invest in LCJD ETF from India
Indian and foreign residents can buy Amundi Core MSCI Japan UCITS ETF (LCJD) units directly through Paasa.
By Paasa · Updated
LCJD at a glance
- Price
- $27.31+$0.63 (2.34%)
- Expense ratio
- 0.12%
- Day range
- $27.21 – $27.42
- Assets
- $7.0B
- Domicile
- Luxembourg
- Holdings
- 186
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- +1.96%
- 6 months
- +19.71%
- YTD
- +22.12%
- 1 year
- +28.80%
- 5 years
- +59.19%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GROUP4.7%
- 2TOYOTA MOTOR CORP3.4%
- 3SUMITOMO MITSUI FINANCIAL GROUP3.0%
- 4TOKYO ELECTRON JPY503.0%
- 5ADVANTEST CORP Y502.9%
- 6HITACHI LTD2.9%
- 7SOFTBANK GROUP CORP2.8%
- 8RECRUIT HOLDINGS CO LTD2.6%
- 9SONY GROUP CORP (JT)2.6%
- 10KIOXIA HOLDINGS CORP2.4%
LCJD holds 186 securities in total. These 10 are 30.3% of the fund.
Where the money is invested
Sectors
- Industrials22.9%
- Technology20.9%
- Financial Services19.6%
- Consumer Cyclical11.3%
- Communication Services9.8%
- Healthcare5.3%
Countries
- Japan100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EWJAMEXiShares MSCI Japan ETF | 0.49% | 23.2B |
| XMJDLSEXtrackers MSCI Japan UCITS ETF 1C | 0.12% | 8.9B |
| DBJPAMEXXtrackers MSCI Japan Hedged Equity ETF | 0.45% | 722.8M |
| IJPDLSEiShares MSCI Japan USD Hedged UCITS ETF (Acc) | 0.64% | 624.6M |
| IJPELSEiShares MSCI Japan EUR Hedged UCITS ETF (Acc) | 0.64% | 1.2B |
Assets are shown in each fund's own reporting currency.
How to invest in LCJD 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 LCJD and buy
Find the fund by its ticker, LCJD, on the London Stock Exchange ETF segment, and place your order.
Why invest in LCJD from India
What LCJD holds
This Amundi Core MSCI Japan UCITS ETF Acc is designed to faithfully track the performance of the MSCI Japan Net Total Return Index. Its core objective is to closely mirror the index's returns, whether the market is experiencing upward or downward trends, while keeping to a minimum any difference between the fund's net asset value and the index's results.
Outside US estate tax
LCJD 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 LCJD's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
LCJD 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 LCJD's UCITS structure matters for Indian investors
LCJD 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 LCJD from India?
Yes. Indian residents can buy Amundi Core MSCI Japan UCITS ETF (LCJD) 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 LCJD invest in?
Amundi Core MSCI Japan UCITS ETF holds 186 securities. Its largest holdings are MITSUBISHI UFJ FINANCIAL GROUP (4.7%), TOYOTA MOTOR CORP (3.4%) and SUMITOMO MITSUI FINANCIAL GROUP (3.0%). Industrials is its largest sector at 22.9%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LCJD?
Amundi Core MSCI Japan UCITS ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about $7.0B.
Is LCJD a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core MSCI Japan 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 LCJD pay dividends?
No. Amundi Core MSCI Japan 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 LCJD?
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.