XETRA · UCITS ETF
Invest in LYPG ETF from India
Indian and foreign residents can buy Amundi MSCI World Information Technology UCITS ETF (LYPG) units directly through Paasa.
By Paasa · Updated
LYPG at a glance
- Price
- €1,171.80-€3.00 (0.26%)
- Expense ratio
- 0.3%
- Day range
- €1,161.00 – €1,172.00
- Assets
- €3.1B
- Domicile
- Luxembourg
- Holdings
- 49
- Launched
- 2010
- Dividends
- Accumulating
- 1 month
- -9.96%
- 6 months
- +7.78%
- YTD
- +21.76%
- 1 year
- +18.42%
- 5 years
- +108.73%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP7.6%
- 2ALPHABET INC CL A5.8%
- 3AMAZON.COM INC5.5%
- 4HOME DEPOT INC5.4%
- 5BROADCOM INC4.6%
- 6MICRON TECHNOLOGY INC4.1%
- 7TESLA INC4.0%
- 8AT&T INC3.7%
- 9AMGEN INC3.5%
- 10LAM RESEARCH CORP3.5%
LYPG holds 49 securities in total. These 10 are 47.8% of the fund.
Where the money is invested
Sectors
- Technology31.0%
- Consumer Cyclical23.5%
- Communication Services15.1%
- Healthcare10.3%
- Consumer Defensive6.6%
- Industrials5.2%
Countries
- United States90.4%
- Japan3.5%
- Netherlands2.7%
- Germany1.1%
- Canada1.0%
- China0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XDWTLSEXtrackers MSCI World Information Technology UCITS ETF 1C | 0.25% | 6.1B |
| TNOWLSEAmundi MSCI World Information Technology UCITS ETF USD Acc | 0.3% | 3.4B |
Assets are shown in each fund's own reporting currency.
How to invest in LYPG 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 LYPG and buy
Find the fund by its ticker, LYPG, on XETRA, and place your order.
Why invest in LYPG from India
What LYPG holds
Amundi's UCITS-compliant exchange-traded fund aims to replicate the performance of the MSCI Daily TR World Net Information Technology USD index. This benchmark is a free-float market capitalization-weighted index, crafted to assess the investable landscape and returns of publicly listed companies within the global Information Technology sector.
Outside US estate tax
LYPG 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 LYPG'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 LYPG's UCITS structure matters for Indian investors
LYPG 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 LYPG from India?
Yes. Indian residents can buy Amundi MSCI World Information Technology UCITS ETF (LYPG) 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 LYPG invest in?
Amundi MSCI World Information Technology UCITS ETF holds 49 securities. Its largest holdings are NVIDIA CORP (7.6%), ALPHABET INC CL A (5.8%) and AMAZON.COM INC (5.5%). Technology is its largest sector at 31.0%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LYPG?
Amundi MSCI World Information 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 €3.1B.
Is LYPG a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI World Information 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 LYPG pay dividends?
No. Amundi MSCI World Information 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 LYPG?
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.