XETRA · UCITS ETF
Invest in LYQ6 ETF from India
Indian and foreign residents can buy Amundi Euro Government Bond 10-15Y UCITS ETF (LYQ6) units directly through Paasa.
By Paasa · Updated
LYQ6 at a glance
- Price
- €192.62-€1.08 (0.56%)
- Expense ratio
- 0.15%
- Day range
- €192.49 – €192.82
- Assets
- €1.1B
- Domicile
- Luxembourg
- Holdings
- 46
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- +1.22%
- 6 months
- -3.66%
- YTD
- -3.89%
- 1 year
- -4.38%
- 5 years
- -20.12%
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE OAT 4.5% 25Apr414.9%
- 2FRENCH REPUBL OAT 3.7% 25Nov364.5%
- 3ITALIAN REPUB BTPS 4% 01Feb374.0%
- 4GERMANY BRD 4% 04Jan373.7%
- 5ITALIAN REPUB BTPS 5% 01Aug393.3%
- 6FRANCE OAT 4% 25Oct383.2%
- 7SPAIN (KINGDO 4.2% 31Jan373.1%
- 8ITALIAN REPUB BTPS 5% 01Sep403.1%
- 9GERMANY BRD 4.75% 04Jul403.1%
- 10FRANCE OAT 1.75% 25Jun393.0%
LYQ6 holds 46 securities in total. These 10 are 35.9% of the fund.
Where the money is invested
Countries
- Italy26.9%
- France22.7%
- Spain16.1%
- Germany15.5%
- Belgium5.5%
- Netherlands4.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| NADBXETRAAmundi Euro Government Bond 10-15Y UCITS ETF Dist | 0.15% | 1.1B |
Assets are shown in each fund's own reporting currency.
How to invest in LYQ6 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 LYQ6 and buy
Find the fund by its ticker, LYQ6, on XETRA, and place your order.
Why invest in LYQ6 from India
What LYQ6 holds
This UCITS-compliant Exchange Traded Fund, the Amundi Euro Government Bond 10-15Y (DR) UCITS ETF - Acc, is structured to mirror the performance of the Bloomberg Barclays Euro Treasury 50bn 10-15 Year Bond Index. This benchmark reflects the returns of Euro-denominated government debt issued by nations belonging to the European Monetary Union, provided each issuing country has a minimum of €50 billion in outstanding government bonds.
Outside US estate tax
LYQ6 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 LYQ6'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 LYQ6's UCITS structure matters for Indian investors
LYQ6 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 LYQ6 from India?
Yes. Indian residents can buy Amundi Euro Government Bond 10-15Y UCITS ETF (LYQ6) 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 LYQ6 invest in?
Amundi Euro Government Bond 10-15Y UCITS ETF holds 46 securities. Its largest holdings are FRANCE OAT 4.5% 25Apr41 (4.9%), FRENCH REPUBL OAT 3.7% 25Nov36 (4.5%) and ITALIAN REPUB BTPS 4% 01Feb37 (4.0%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of LYQ6?
Amundi Euro Government Bond 10-15Y 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 €1.1B.
Is LYQ6 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Euro Government Bond 10-15Y 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 LYQ6 pay dividends?
No. Amundi Euro Government Bond 10-15Y 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 LYQ6?
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.