XETRA · UCITS ETF
Invest in LTUG ETF from India
Indian and foreign residents can buy Amundi STOXX Europe 600 Technology UCITS ETF (LTUG) units directly through Paasa.
By Paasa · Updated
LTUG at a glance
- Price
- €120.06-€0.22 (0.18%)
- Expense ratio
- 0.3%
- Day range
- €119.86 – €121.34
- Assets
- €241.4M
- Domicile
- Luxembourg
- Holdings
- 36
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- +0.44%
- 6 months
- +32.87%
- YTD
- +24.35%
- 1 year
- +24.03%
- 5 years
- +42.23%
Price change, excluding dividends.
Top 10 holdings
- 1NOVO NORDISK A/S-B8.8%
- 2EDP SA8.6%
- 3DANSKE BANK A/S7.2%
- 4DSV A/S (DKK)7.2%
- 5ASML HOLDING NV5.6%
- 6NOKIA OYJ HELSINKI4.2%
- 7ENGIE PRIME DE FIDELITE 20273.5%
- 8APPLE INC3.4%
- 9ORSTED A/S3.1%
- 10ASSA ABLOY AB -B3.1%
LTUG holds 36 securities in total. These 10 are 54.6% of the fund.
Where the money is invested
Sectors
- Technology21.3%
- Industrials16.3%
- Financial Services16.2%
- Utilities15.0%
- Healthcare13.7%
- Consumer Cyclical4.6%
Countries
- Denmark31.8%
- United States19.1%
- France13.9%
- Portugal9.7%
- Netherlands8.5%
- Finland7.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CSTAXETRAAmundi STOXX Europe 600 Technology UCITS ETF Dist | 0.3% | 241.4M |
Assets are shown in each fund's own reporting currency.
How to invest in LTUG 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 LTUG and buy
Find the fund by its ticker, LTUG, on XETRA, and place your order.
Why invest in LTUG from India
What LTUG holds
The Amundi STOXX Europe 600 Technology UCITS ETF Acc is designed to closely mirror the investment performance of the STOXX Europe 600 Technology Net Total Return index, referred to as the "Index," effectively tracking its returns whether market trends are upward or downward. For complete information on the rules and methodology of this index, please consult the fund's official prospectus or its Key Information Document (KID).
Outside US estate tax
LTUG 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 LTUG'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 LTUG's UCITS structure matters for Indian investors
LTUG 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 LTUG from India?
Yes. Indian residents can buy Amundi STOXX Europe 600 Technology UCITS ETF (LTUG) 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 LTUG invest in?
Amundi STOXX Europe 600 Technology UCITS ETF holds 36 securities. Its largest holdings are NOVO NORDISK A/S-B (8.8%), EDP SA (8.6%) and DANSKE BANK A/S (7.2%). Technology is its largest sector at 21.3%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LTUG?
Amundi STOXX Europe 600 Technology UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about €241.4M.
Is LTUG a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi STOXX Europe 600 Technology 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 LTUG pay dividends?
No. Amundi STOXX Europe 600 Technology 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 LTUG?
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.