Paasa Logo

XETRA · ETF

Invest in LYMD ETF from India

Indian and foreign residents can buy Amundi MSCI India Swap UCITS ETF (LYMD) units directly through Paasa.

By Paasa · Updated

LYMD at a glance

Price
€24.29-€0.37 (1.48%)
Expense ratio
0.85%
Day range
€24.23 – €24.36
Assets
€890.6M
Domicile
France
Holdings
87
Launched
2019
Dividends
Accumulating
1 month
-4.35%
6 months
+3.87%
YTD
-11.59%
1 year
-9.25%
5 years
+3.78%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1UNITEDHEALTH GROUP INCUNH8.9%
  2. 2APPLE INCAAPL8.9%
  3. 3GILEAD SCIENCES INCGILD8.8%
  4. 4META PLATFORMS INC-CLASS AMETA5.9%
  5. 5ABBVIE INCABBV4.7%
  6. 6PNC FINANCIAL SERVICES GROUPPNC4.7%
  7. 73M COMMM4.5%
  8. 8COSTCO WHOLESALE CORPCOST4.5%
  9. 9NVIDIA CORPNVDA4.4%
  10. 10AMAZON.COM INCAMZN4.4%

LYMD holds 87 securities in total. These 10 are 59.5% of the fund.

Where the money is invested

Sectors

  • Financial Services30.2%
  • Consumer Cyclical12.5%
  • Industrials10.4%
  • Basic Materials8.5%
  • Energy8.5%
  • Technology8.1%

Countries

  • United States90.3%
  • France9.7%

Similar funds

FundExpense ratioAssets
XCS5LSEXtrackers MSCI India Swap UCITS ETF 1C0.19%572.1M
INRULSEAmundi MSCI India Swap UCITS ETF USD Acc0.85%1.0B

Assets are shown in each fund's own reporting currency.

How to invest in LYMD from India

  1. 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.

  2. 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.

  3. Step 3

    Search LYMD and buy

    Find the fund by its ticker, LYMD, on XETRA, and place your order.

Why invest in LYMD from India

What LYMD holds

The Amundi MSCI India Swap UCITS ETF EUR Acc aims to closely replicate the performance of the MSCI Emerging Markets India Net TR (USD) Index, maintaining this alignment whether market trends are upward or downward. A key objective is also to minimize any divergence, or tracking error, between the Sub-Fund's net asset value and the Index's performance.

Dividends reinvested for you

Dividends from LYMD'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 LYMD from India?

Yes. Indian residents can buy Amundi MSCI India Swap UCITS ETF (LYMD) 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 LYMD invest in?

Amundi MSCI India Swap UCITS ETF holds 87 securities. Its largest holdings are UNITEDHEALTH GROUP INC (8.9%), APPLE INC (8.9%) and GILEAD SCIENCES INC (8.8%). Financial Services is its largest sector at 30.2%. It is an accumulating fund domiciled in France.

What is the expense ratio of LYMD?

Amundi MSCI India Swap UCITS ETF has an expense ratio of 0.85% a year, taken from the fund's assets rather than billed to you. The fund manages about €890.6M.

Does LYMD pay dividends?

No. Amundi MSCI India Swap 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 LYMD?

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.

Share this guide
Get started

Own global companies from India, safeguard against rupee depreciation

Book a short call with our team to understand how Paasa can work for you