XETRA · UCITS ETF
Invest in LYPE ETF from India
Indian and foreign residents can buy Amundi MSCI World Health Care UCITS ETF (LYPE) units directly through Paasa.
By Paasa · Updated
LYPE at a glance
- Price
- €591.30+€2.00 (0.34%)
- Expense ratio
- 0.3%
- Day range
- €588.70 – €595.90
- Assets
- €1.0B
- Domicile
- Luxembourg
- Holdings
- 32
- Launched
- 2010
- Dividends
- Accumulating
- 1 month
- +11.15%
- 6 months
- +31.77%
- YTD
- +22.46%
- 1 year
- +29.12%
- 5 years
- +39.74%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON.COM INC9.0%
- 2NVIDIA CORP8.1%
- 3BROADCOM INC5.3%
- 4SHERWIN-WILLIAMS CO/THE4.8%
- 5ALPHABET INC CL C4.3%
- 6ALPHABET INC CL A3.6%
- 7TESLA INC3.4%
- 8NETFLIX INC USD3.2%
- 9ADVANCED MICRO DEVICES3.2%
- 10APPLIED MATERIALS INC3.2%
LYPE holds 32 securities in total. These 10 are 48.3% of the fund.
Where the money is invested
Sectors
- Technology36.4%
- Consumer Cyclical15.2%
- Industrials10.9%
- Communication Services9.4%
- Financial Services8.2%
- Healthcare7.2%
Countries
- United States74.7%
- Switzerland9.0%
- United Kingdom5.0%
- Japan3.4%
- Denmark1.9%
- France1.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XDWHLSEXtrackers MSCI World Health Care UCITS ETF 1C | 0.25% | 4.6B |
| HLTWLSEAmundi MSCI World Health Care UCITS ETF USD Acc | 0.3% | 1.1B |
Assets are shown in each fund's own reporting currency.
How to invest in LYPE 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 LYPE and buy
Find the fund by its ticker, LYPE, on XETRA, and place your order.
Why invest in LYPE from India
What LYPE holds
This UCITS-compliant exchange-traded fund, the Amundi MSCI World Health Care TR UCITS ETF - Acc (EUR), is meticulously crafted to replicate the performance of its underlying benchmark, the MSCI Daily TR World Net Health Care USD index. The MSCI Daily TR World Net Health Care USD serves as a free-float market-capitalization weighted index, specifically designed to capture the investment opportunities and returns of publicly listed companies operating in the global healthcare industry.
Outside US estate tax
LYPE 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 LYPE'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 LYPE's UCITS structure matters for Indian investors
LYPE 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 LYPE from India?
Yes. Indian residents can buy Amundi MSCI World Health Care UCITS ETF (LYPE) 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 LYPE invest in?
Amundi MSCI World Health Care UCITS ETF holds 32 securities. Its largest holdings are AMAZON.COM INC (9.0%), NVIDIA CORP (8.1%) and BROADCOM INC (5.3%). Technology is its largest sector at 36.4%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LYPE?
Amundi MSCI World Health Care 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 €1.0B.
Is LYPE a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI World Health Care 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 LYPE pay dividends?
No. Amundi MSCI World Health Care 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 LYPE?
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.