XETRA · UCITS ETF
Invest in LGWU ETF from India
Indian and foreign residents can buy Amundi MSCI EMU Small ESG Broad Transition UCITS ETF (LGWU) units directly through Paasa.
By Paasa · Updated
LGWU at a glance
- Price
- €435.40+€0.70 (0.16%)
- Expense ratio
- 0.4%
- Day range
- €435.40 – €438.15
- Assets
- €597.6M
- Domicile
- Luxembourg
- Holdings
- 356
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -3.15%
- 6 months
- +13.83%
- YTD
- +10.68%
- 1 year
- +12.94%
- 5 years
- +18.44%
Price change, excluding dividends.
Top 10 holdings
- 1GAZTRANSPORT ET TECHNIGAZ SA2.2%
- 2KONECRANES OYJ1.9%
- 3ACKERMANS & VAN HAAREN1.9%
- 4FUCHS SE-PFD1.7%
- 5UNICAJA BANCO S.A.1.5%
- 6SBM OFFSHORE NV1.4%
- 7AUSTRIA TECHNOLOGY & SYSTEM(AUT)1.4%
- 8INTERPUMP GROUP1.3%
- 9AEDIFICA1.3%
- 10MERLIN PROPERTIES SOCIMI1.3%
LGWU holds 356 securities in total. These 10 are 15.9% of the fund.
Where the money is invested
Sectors
- Industrials25.4%
- Financial Services12.4%
- Real Estate11.1%
- Consumer Cyclical11.0%
- Technology10.9%
- Basic Materials7.8%
Countries
- France20.7%
- Germany20.1%
- Italy15.1%
- Spain9.0%
- Netherlands8.8%
- Belgium8.5%
How to invest in LGWU 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 LGWU and buy
Find the fund by its ticker, LGWU, on XETRA, and place your order.
Why invest in LGWU from India
What LGWU holds
To track the performance of MSCI EMU Small Cap ESG Broad CTB Select Net EUR Index (the Index), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index. The sub-fund is a financial product that promotes among other characteristics ESG characteristics pursuant to Article 8.
Outside US estate tax
LGWU 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 LGWU'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 LGWU's UCITS structure matters for Indian investors
LGWU 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 LGWU from India?
Yes. Indian residents can buy Amundi MSCI EMU Small ESG Broad Transition UCITS ETF (LGWU) 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 LGWU invest in?
Amundi MSCI EMU Small ESG Broad Transition UCITS ETF holds 356 securities. Its largest holdings are GAZTRANSPORT ET TECHNIGAZ SA (2.2%), KONECRANES OYJ (1.9%) and ACKERMANS & VAN HAAREN (1.9%). Industrials is its largest sector at 25.4%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LGWU?
Amundi MSCI EMU Small ESG Broad Transition 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 €597.6M.
Is LGWU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI EMU Small ESG Broad Transition 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 LGWU pay dividends?
No. Amundi MSCI EMU Small ESG Broad Transition 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 LGWU?
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.