London Stock Exchange ETF segment · UCITS ETF
Invest in LSPU ETF from India
Indian and foreign residents can buy Amundi Core S&P 500 Swap UCITS ETF (LSPU) units directly through Paasa.
By Paasa · Updated
LSPU at a glance
- Price
- $79.06-$0.22 (0.27%)
- Expense ratio
- 0.05%
- Day range
- $79.06 – $79.54
- Assets
- $33.8B
- Domicile
- Luxembourg
- Holdings
- 475
- Launched
- 2010
- Dividends
- Distributing
- 1 month
- -1.32%
- 6 months
- +20.04%
- YTD
- +11.72%
- 1 year
- +15.04%
- 5 years
- +76.46%
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INCAAPL8.9%
- 2MICROSOFT CORPMSFT7.4%
- 3AMAZON.COM INCAMZN6.5%
- 4NVIDIA CORPNVDA5.6%
- 5TESLA INCTSLA3.7%
- 6ALPHABET INC CL AGOOGL3.1%
- 7MICRON TECHNOLOGY INCMU2.7%
- 8WALMART INCWMT2.0%
- 9ADVANCED MICRO DEVICESAMD1.9%
- 10COSTCO WHOLESALE CORPCOST1.8%
LSPU holds 475 securities in total. These 10 are 43.6% of the fund.
Where the money is invested
Sectors
- Technology38.7%
- Financial Services12.1%
- Communication Services9.5%
- Consumer Cyclical9.3%
- Healthcare9.3%
- Industrials7.8%
Countries
- United States94.3%
- United Kingdom1.2%
- Switzerland1.1%
- France0.9%
- Ireland0.8%
- Sweden0.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SP5CLSEAmundi Core S&P 500 Swap UCITS ETF Acc | 0.05% | 33.8B |
| XSXDLSEXtrackers S&P 500 Swap UCITS ETF 1D | 0.07% | 9.1B |
| I500AMSiShares S&P 500 Swap UCITS ETF | 0.05% | 15.6B |
| XSPULSEXtrackers S&P 500 Swap UCITS ETF 1C | 0.15% | 9.1B |
| AUM5XETRAAmundi S&P 500 Swap UCITS ETF EUR Acc | 0.15% | 7.2B |
Assets are shown in each fund's own reporting currency.
How to invest in LSPU 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 LSPU and buy
Find the fund by its ticker, LSPU, on the London Stock Exchange ETF segment, and place your order.
Why invest in LSPU from India
What LSPU holds
This Amundi Core S&P 500 Swap UCITS ETF USD Dist aims to mirror the performance of the S&P 500 Net Total Return Index with exceptional accuracy. Its goal is to replicate the index's returns as precisely as feasible, regardless of whether the market is experiencing upward or downward trends.
Outside US estate tax
LSPU is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
LSPU 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 LSPU's UCITS structure matters for Indian investors
LSPU 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 LSPU from India?
Yes. Indian residents can buy Amundi Core S&P 500 Swap UCITS ETF (LSPU) 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 LSPU invest in?
Amundi Core S&P 500 Swap UCITS ETF holds 475 securities. Its largest holdings are APPLE INC (8.9%), MICROSOFT CORP (7.4%) and AMAZON.COM INC (6.5%). Technology is its largest sector at 38.7%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of LSPU?
Amundi Core S&P 500 Swap UCITS ETF has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about $33.8B.
Is LSPU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core S&P 500 Swap 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 LSPU dividends taxed in India?
Amundi Core S&P 500 Swap 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 LSPU?
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.