XETRA · ETF
Invest in LYY5 ETF from India
Indian and foreign residents can buy Amundi MSCI Europe UCITS ETF (LYY5) units directly through Paasa.
By Paasa · Updated
LYY5 at a glance
- Price
- €244.85-€0.20 (0.08%)
- Expense ratio
- 0.25%
- Day range
- €244.85 – €246.60
- Assets
- €610.5M
- Domicile
- France
- Holdings
- 408
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- -2.33%
- 6 months
- +13.36%
- YTD
- +10.44%
- 1 year
- +18.00%
- 5 years
- +62.50%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NVASML.AS4.8%
- 2HSBC HOLDINGS PLCHSBA.L2.5%
- 3ROCHE HOLDING AG - GENUSSS CHFROP.SW2.2%
- 4SHELL PLC EURSHEL.L2.0%
- 5NOVARTIS AG-REGNOVN.SW1.9%
- 6ASTRAZENECA GBPAZN.L1.8%
- 7NESTLE SA-REGNESN.SW1.7%
- 8SIEMENS AG-REGSIE.DE1.6%
- 9SAP SE / XETRASAP.DE1.5%
- 10BANCO SANTANDER SA MADRIDSAN.MC1.5%
LYY5 holds 408 securities in total. These 10 are 21.6% of the fund.
Where the money is invested
Sectors
- Financial Services25.9%
- Industrials19.3%
- Healthcare13.0%
- Technology9.5%
- Consumer Defensive7.7%
- Consumer Cyclical6.0%
Countries
- United Kingdom21.6%
- Switzerland15.1%
- Germany13.5%
- France13.3%
- Netherlands10.3%
- Spain6.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEURAMEXiShares Core MSCI Europe ETF | 0.1% | 9.4B |
| SMEALSEiShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.12% | 13.6B |
| ISEULSEiShares Core MSCI Europe UCITS ETF | 0.12% | 12.0B |
| XMEDLSEXtrackers MSCI Europe UCITS ETF 1C | 0.12% | 9.6B |
| DBEUAMEXXtrackers MSCI Europe Hedged Equity ETF | 0.45% | 774.5M |
Assets are shown in each fund's own reporting currency.
How to invest in LYY5 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 LYY5 and buy
Find the fund by its ticker, LYY5, on XETRA, and place your order.
Why invest in LYY5 from India
What LYY5 holds
The investment objective of the Fund is to track both upward and downward movements in the MSCI Europe Net Total Return Index (net dividends reinvested) (the Benchmark Index).
Dividends reinvested for you
Dividends from LYY5'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.
Frequently asked questions
Can I buy LYY5 from India?
Yes. Indian residents can buy Amundi MSCI Europe UCITS ETF (LYY5) 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 LYY5 invest in?
Amundi MSCI Europe UCITS ETF holds 408 securities. Its largest holdings are ASML HOLDING NV (4.8%), HSBC HOLDINGS PLC (2.5%) and ROCHE HOLDING AG - GENUSSS CHF (2.2%). Financial Services is its largest sector at 25.9%. It is an accumulating fund domiciled in France.
What is the expense ratio of LYY5?
Amundi MSCI Europe UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €610.5M.
Does LYY5 pay dividends?
No. Amundi MSCI Europe 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 LYY5?
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.