XETRA · UCITS ETF
Invest in LYYB ETF from India
Indian and foreign residents can buy Amundi MSCI USA ESG Broad Transition UCITS ETF (LYYB) units directly through Paasa.
By Paasa · Updated
LYYB at a glance
- Price
- €624.60+€3.00 (0.48%)
- Expense ratio
- 0.07%
- Day range
- €620.10 – €625.20
- Assets
- €6.2B
- Domicile
- Ireland
- Holdings
- 495
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- +1.22%
- 6 months
- +22.54%
- YTD
- +14.08%
- 1 year
- +18.16%
- 5 years
- +69.14%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP7.7%
- 2APPLE INC7.5%
- 3MICROSOFT CORP5.4%
- 4ALPHABET INC CL C4.1%
- 5AMAZON.COM INC3.6%
- 6META PLATFORMS INC-CLASS A2.5%
- 7BROADCOM INC2.4%
- 8MICRON TECHNOLOGY INC1.8%
- 9TESLA INC1.6%
- 10ADVANCED MICRO DEVICES1.5%
LYYB holds 495 securities in total. These 10 are 38.2% of the fund.
Where the money is invested
Sectors
- Technology39.9%
- Financial Services10.8%
- Communication Services10.1%
- Healthcare9.3%
- Consumer Cyclical8.4%
- Industrials7.9%
Countries
- United States95.7%
- Ireland1.1%
- Other1.0%
- United Kingdom0.8%
- Switzerland0.5%
- Singapore0.3%
How to invest in LYYB 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 LYYB and buy
Find the fund by its ticker, LYYB, on XETRA, and place your order.
Why invest in LYYB from India
What LYYB holds
The Amundi MSCI USA ESG Broad Transition UCITS ETF Dist is designed to precisely track the returns of the MSCI USA ESG Broad CTB Select Net Total Return Index (referred to as "the Index"), aiming to reflect its performance as accurately as possible in both upward and downward market movements. A key objective of this Sub-Fund is to minimize any divergence between its net asset value and the Index's performance, thereby reducing tracking error.
Outside US estate tax
LYYB is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 LYYB's UCITS structure matters for Indian investors
LYYB is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy LYYB from India?
Yes. Indian residents can buy Amundi MSCI USA ESG Broad Transition UCITS ETF (LYYB) 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 LYYB invest in?
Amundi MSCI USA ESG Broad Transition UCITS ETF holds 495 securities. Its largest holdings are NVIDIA CORP (7.7%), APPLE INC (7.5%) and MICROSOFT CORP (5.4%). Technology is its largest sector at 39.9%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of LYYB?
Amundi MSCI USA ESG Broad Transition UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about €6.2B.
Is LYYB a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI USA ESG Broad Transition UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are LYYB dividends taxed in India?
Amundi MSCI USA ESG Broad Transition UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell LYYB?
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.