XETRA · UCITS ETF
Invest in LYQ2 ETF from India
Indian and foreign residents can buy Amundi Euro Government Bond 1-3Y UCITS ETF (LYQ2) units directly through Paasa.
By Paasa · Updated
LYQ2 at a glance
- Price
- €127.21+€0.12 (0.09%)
- Expense ratio
- 0.15%
- Day range
- €127.15 – €127.25
- Assets
- €2.3B
- Domicile
- Luxembourg
- Holdings
- 78
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- -0.68%
- 6 months
- +0.11%
- YTD
- -0.35%
- 1 year
- +0.11%
- 5 years
- +2.54%
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE OAT 0.75% 25May283.5%
- 2FRENCH REPUBL OAT 2.75% 25Feb293.4%
- 3FRANCE OAT 2.75% 25Oct273.4%
- 4FRENCH REPUBL OAT 0.75% 25Nov283.2%
- 5FRENCH REPUBL OAT 0.5% 25May293.0%
- 6FRENCH REPUBL OAT 0.75% 25Feb282.7%
- 7FRANCE OAT 5.5% 25Apr292.6%
- 8FRENCH REPUBL OAT 2.4% 24Sep282.6%
- 9FRENCH REPUBL OAT 2.5% 24Sep272.2%
- 10FEDERAL REPUB BOBL 1.3% 15Oct271.6%
LYQ2 holds 78 securities in total. These 10 are 28.2% of the fund.
Where the money is invested
Countries
- France26.7%
- Germany22.6%
- Italy21.6%
- Spain15.1%
- Belgium3.6%
- Netherlands3.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EGV3XETRAAmundi Euro Government Bond 1-3Y UCITS ETF Dist | 0.15% | 2.3B |
Assets are shown in each fund's own reporting currency.
How to invest in LYQ2 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 LYQ2 and buy
Find the fund by its ticker, LYQ2, on XETRA, and place your order.
Why invest in LYQ2 from India
What LYQ2 holds
This UCITS-compliant exchange-traded fund, known as the Amundi Euro Government Bond 1-3Y (DR) UCITS ETF - Acc, is designed to mirror the performance of the Bloomberg Barclays Euro Treasury 50bn 1-3 Year Bond Index. This underlying index reflects the returns of government bonds denominated in Euros, originating from nations within the European Monetary Union, provided those countries have at least €50 billion in outstanding government debt.
Outside US estate tax
LYQ2 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 LYQ2'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 LYQ2's UCITS structure matters for Indian investors
LYQ2 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 LYQ2 from India?
Yes. Indian residents can buy Amundi Euro Government Bond 1-3Y UCITS ETF (LYQ2) 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 LYQ2 invest in?
Amundi Euro Government Bond 1-3Y UCITS ETF holds 78 securities. Its largest holdings are FRANCE OAT 0.75% 25May28 (3.5%), FRENCH REPUBL OAT 2.75% 25Feb29 (3.4%) and FRANCE OAT 2.75% 25Oct27 (3.4%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LYQ2?
Amundi Euro Government Bond 1-3Y UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €2.3B.
Is LYQ2 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Euro Government Bond 1-3Y 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 LYQ2 pay dividends?
No. Amundi Euro Government Bond 1-3Y 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 LYQ2?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.