London Stock Exchange ETF segment · ETF
Invest in LEMD ETF from India
Indian and foreign residents can buy Amundi MSCI Emerging Markets Swap II UCITS ETF (LEMD) units directly through Paasa.
By Paasa · Updated
LEMD at a glance
- Price
- $21.81-$0.31 (1.40%)
- Expense ratio
- 0.55%
- Day range
- $21.81 – $21.98
- Assets
- $1.1B
- Domicile
- France
- Holdings
- 35
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- -1.02%
- 6 months
- +21.55%
- YTD
- +22.58%
- 1 year
- +29.95%
- 5 years
- +51.39%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON.COM INCAMZN8.8%
- 2AIR LIQUIDE PRIME FIDELITE6.9%
- 3CREDIT AGRICOLE SAACA.PA5.3%
- 4L OREAL PRIME FIDELITE5.3%
- 5MICRON TECHNOLOGY INCMU4.6%
- 6ALPHABET INC CL CGOOG4.6%
- 7META PLATFORMS INC-CLASS AMETA4.5%
- 8QUALCOMM INCQCOM4.4%
- 9APPLE INCAAPL4.4%
- 10NVIDIA CORPNVDA4.4%
LEMD holds 35 securities in total. These 10 are 53.2% of the fund.
Where the money is invested
Sectors
- Technology41.9%
- Financial Services19.5%
- Consumer Cyclical8.2%
- Industrials6.3%
- Basic Materials6.3%
- Communication Services6.1%
Countries
- United States73.5%
- France26.4%
- Denmark0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LYM7XETRAAmundi MSCI Emerging Markets Swap II UCITS ETF EUR Acc | 0.55% | 975.0M |
Assets are shown in each fund's own reporting currency.
How to invest in LEMD 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 LEMD and buy
Find the fund by its ticker, LEMD, on the London Stock Exchange ETF segment, and place your order.
Why invest in LEMD from India
What LEMD holds
The Amundi MSCI Emerging Markets Swap II UCITS ETF USD Acc is structured to replicate, with the highest possible fidelity, the investment performance of the MSCI Emerging Markets Net Total Return USD Index. This objective holds true irrespective of whether market trends are positive or negative.
Dividends reinvested for you
Dividends from LEMD'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
LEMD 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.
Frequently asked questions
Can I buy LEMD from India?
Yes. Indian residents can buy Amundi MSCI Emerging Markets Swap II UCITS ETF (LEMD) 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 LEMD invest in?
Amundi MSCI Emerging Markets Swap II UCITS ETF holds 35 securities. Its largest holdings are AMAZON.COM INC (8.8%), AIR LIQUIDE PRIME FIDELITE (6.9%) and CREDIT AGRICOLE SA (5.3%). Technology is its largest sector at 41.9%. It is an accumulating fund domiciled in France.
What is the expense ratio of LEMD?
Amundi MSCI Emerging Markets Swap II UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.1B.
Does LEMD pay dividends?
No. Amundi MSCI Emerging Markets Swap II 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 LEMD?
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.