XETRA · UCITS ETF
Invest in LYPD ETF from India
Indian and foreign residents can buy Amundi MSCI World Financials UCITS ETF (LYPD) units directly through Paasa.
By Paasa · Updated
LYPD at a glance
- Price
- €401.60+€3.20 (0.80%)
- Expense ratio
- 0.3%
- Day range
- €401.60 – €401.60
- Assets
- €658.2M
- Domicile
- Luxembourg
- Holdings
- 52
- Launched
- 2010
- Dividends
- Accumulating
- 1 month
- -2.64%
- 6 months
- +19.54%
- YTD
- +10.15%
- 1 year
- +17.00%
- 5 years
- +92.34%
Price change, excluding dividends.
Top 10 holdings
- 1BANK OF AMERICA CORP9.1%
- 2AMAZON.COM INC9.0%
- 3APPLE INC8.7%
- 4AXA SA4.8%
- 5MICROSOFT CORP4.6%
- 6SOCIETE GENERALE4.6%
- 7RTX CORP4.5%
- 8NVIDIA CORP4.5%
- 9JOHNSON & JOHNSON4.5%
- 10VERIZON COMMUNICATIONS INC4.4%
LYPD holds 52 securities in total. These 10 are 58.6% of the fund.
Where the money is invested
Sectors
- Financial Services28.3%
- Technology23.7%
- Consumer Cyclical17.2%
- Healthcare10.6%
- Industrials8.8%
- Communication Services7.3%
Countries
- United States80.1%
- France15.5%
- Switzerland3.7%
- Bermuda0.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| FINWLSEAmundi MSCI World Financials UCITS ETF USD Acc | 0.3% | 748.5M |
| XDWFLSEXtrackers MSCI World Financials UCITS ETF 1C | 0.25% | 1.5B |
Assets are shown in each fund's own reporting currency.
How to invest in LYPD 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 LYPD and buy
Find the fund by its ticker, LYPD, on XETRA, and place your order.
Why invest in LYPD from India
What LYPD holds
The Amundi MSCI World Financials TR UCITS ETF - Acc (EUR) is a UCITS-compliant exchange-traded fund engineered to track the performance of its reference index, the MSCI Daily TR World Net Financials USD. This particular benchmark, a free-float adjusted market capitalization index, aims to measure the investable universe and the returns of publicly traded companies within the Financials sector.
Outside US estate tax
LYPD 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 LYPD'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 LYPD's UCITS structure matters for Indian investors
LYPD 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 LYPD from India?
Yes. Indian residents can buy Amundi MSCI World Financials UCITS ETF (LYPD) 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 LYPD invest in?
Amundi MSCI World Financials UCITS ETF holds 52 securities. Its largest holdings are BANK OF AMERICA CORP (9.1%), AMAZON.COM INC (9.0%) and APPLE INC (8.7%). Financial Services is its largest sector at 28.3%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LYPD?
Amundi MSCI World Financials 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 €658.2M.
Is LYPD a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI World Financials 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 LYPD pay dividends?
No. Amundi MSCI World Financials 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 LYPD?
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.