XETRA · ETF
Invest in LYM7 ETF from India
Indian and foreign residents can buy Amundi MSCI Emerging Markets Swap II UCITS ETF (LYM7) units directly through Paasa.
By Paasa · Updated
LYM7 at a glance
- Price
- €19.28-€0.07 (0.36%)
- Expense ratio
- 0.55%
- Day range
- €19.28 – €19.36
- Assets
- €975.0M
- Domicile
- France
- Holdings
- 35
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- +1.57%
- 6 months
- +23.81%
- YTD
- +27.75%
- 1 year
- +33.13%
- 5 years
- +53.97%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON.COM INC7.9%
- 2AIR LIQUIDE PRIME FIDELITE6.9%
- 3CREDIT AGRICOLE SA5.4%
- 4L OREAL PRIME FIDELITE5.3%
- 5MICRON TECHNOLOGY INC4.7%
- 6ALPHABET INC CL C4.7%
- 7QUALCOMM INC4.6%
- 8APPLE INC4.5%
- 9NVIDIA CORP4.4%
- 10META PLATFORMS INC-CLASS A4.4%
LYM7 holds 35 securities in total. These 10 are 52.8% 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 States73.9%
- France26.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LEMDLSEAmundi MSCI Emerging Markets Swap II UCITS ETF USD Acc | 0.55% | 1.1B |
Assets are shown in each fund's own reporting currency.
How to invest in LYM7 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 LYM7 and buy
Find the fund by its ticker, LYM7, on XETRA, and place your order.
Why invest in LYM7 from India
What LYM7 holds
The Sub-funds investment objective is to replicate the performance, whether positive or negative, of the MSCI Emerging Markets Net Total Return (with net dividends reinvested) index (the Benchmark Index), denominated in United States dollars (USD), while minimising the tracking error between its performance and that of its Benchmark Index.
Dividends reinvested for you
Dividends from LYM7'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.
Frequently asked questions
Can I buy LYM7 from India?
Yes. Indian residents can buy Amundi MSCI Emerging Markets Swap II UCITS ETF (LYM7) 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 LYM7 invest in?
Amundi MSCI Emerging Markets Swap II UCITS ETF holds 35 securities. Its largest holdings are AMAZON.COM INC (7.9%), AIR LIQUIDE PRIME FIDELITE (6.9%) and CREDIT AGRICOLE SA (5.4%). Technology is its largest sector at 41.9%. It is an accumulating fund domiciled in France.
What is the expense ratio of LYM7?
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 €975.0M.
Does LYM7 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 LYM7?
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.