XETRA · UCITS ETF
Invest in LGWS ETF from India
Indian and foreign residents can buy Amundi MSCI EMU Value Factor UCITS ETF (LGWS) units directly through Paasa.
By Paasa · Updated
LGWS at a glance
- Price
- €193.04+€0.98 (0.51%)
- Expense ratio
- 0.4%
- Day range
- €192.84 – €193.66
- Assets
- €259.8M
- Domicile
- Luxembourg
- Holdings
- 142
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- -0.64%
- 6 months
- +16.85%
- YTD
- +14.18%
- 1 year
- +20.11%
- 5 years
- +67.28%
Price change, excluding dividends.
Top 10 holdings
- 1ALLIANZ SE-REGALV.DE4.6%
- 2TOTALENERGIES SE PARISTTE.PA4.5%
- 3BANCO BILBAO VIZCAYA ARGENTABBVA.MC4.0%
- 4SIEMENS AG-REGSIE.DE3.7%
- 5IBERDROLA SAIBE.MC3.6%
- 6BANCO SANTANDER SA MADRIDSAN.MC3.4%
- 7UNICREDIT SPAUCG.MI3.3%
- 8BNP PARIBASBNP.PA2.9%
- 9INTESA SANPAOLOISP.MI2.8%
- 10ING GROEP NVINGA.AS2.7%
LGWS holds 142 securities in total. These 10 are 35.5% of the fund.
Where the money is invested
Sectors
- Financial Services45.5%
- Utilities10.6%
- Industrials9.2%
- Healthcare6.1%
- Energy6.1%
- Consumer Cyclical5.9%
Countries
- France26.6%
- Germany24.0%
- Spain15.4%
- Italy13.3%
- Netherlands8.5%
- Finland4.5%
How to invest in LGWS 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 LGWS and buy
Find the fund by its ticker, LGWS, on XETRA, and place your order.
Why invest in LGWS from India
What LGWS holds
The Amundi MSCI EMU Value Factor – UCITS ETF Dist aims to faithfully reproduce the returns of the euro-denominated MSCI EMU Value Index, whether the market is rising or falling. A primary goal is also to keep the "Tracking Error" – the variance in the difference between the fund's and the index's performance – as low as possible.
Outside US estate tax
LGWS 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 LGWS' UCITS structure matters for Indian investors
LGWS 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 LGWS from India?
Yes. Indian residents can buy Amundi MSCI EMU Value Factor UCITS ETF (LGWS) 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 LGWS invest in?
Amundi MSCI EMU Value Factor UCITS ETF holds 142 securities. Its largest holdings are ALLIANZ SE-REG (4.6%), TOTALENERGIES SE PARIS (4.5%) and BANCO BILBAO VIZCAYA ARGENTA (4.0%). Financial Services is its largest sector at 45.5%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of LGWS?
Amundi MSCI EMU Value Factor UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about €259.8M.
Is LGWS a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI EMU Value Factor 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.
How are LGWS dividends taxed in India?
Amundi MSCI EMU Value Factor UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell LGWS?
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.