London Stock Exchange ETF segment · UCITS ETF
Invest in MOBI ETF from India
Indian and foreign residents can buy Amundi MSCI Smart Mobility UCITS ETF (MOBI) units directly through Paasa.
By Paasa · Updated
MOBI at a glance
- Price
- $28.00-$0.01 (0.03%)
- Expense ratio
- 0.45%
- Day range
- $27.97 – $28.23
- Assets
- $180.2M
- Domicile
- Luxembourg
- Holdings
- 83
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -1.91%
- 6 months
- +8.68%
- YTD
- +7.34%
- 1 year
- +12.29%
- 5 years
- +29.94%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP15.6%
- 2HITACHI LTD13.7%
- 3TESLA INC13.2%
- 4UBER TECHNOLOGIES INC11.1%
- 5MURATA MANUFACT CO LTD JPY507.4%
- 6GENERAL MOTORS CO6.5%
- 7PANASONIC HOLDINGS CORP5.8%
- 8YAGEO CORPORATION2.4%
- 9SAMSUNG SDI CO LTD2.0%
- 10SUMITOMO METAL MNG JPY501.1%
MOBI holds 83 securities in total. These 10 are 79.0% of the fund.
Where the money is invested
Sectors
- Technology43.4%
- Consumer Cyclical27.0%
- Industrials23.5%
- Basic Materials5.7%
- Communication Services0.2%
- Utilities0.1%
Countries
- United States54.3%
- Japan31.6%
- South Korea4.0%
- Taiwan3.3%
- China2.1%
- Australia1.2%
How to invest in MOBI 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.
Step 3
Search MOBI and buy
Find the fund by its ticker, MOBI, on the London Stock Exchange ETF segment, and place your order.
Why invest in MOBI from India
What MOBI holds
The Amundi MSCI Smart Mobility UCITS ETF Acc seeks to accurately replicate the performance of the MSCI ACWI IMI Future Mobility Filtered Index, aligning with its movements whether ascending or descending. A central goal of this fund is to keep the discrepancy, or tracking error, between its net asset value and the index's returns as minimal as possible.
Outside US estate tax
MOBI 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 MOBI's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
MOBI is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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 MOBI's UCITS structure matters for Indian investors
MOBI 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 MOBI from India?
Yes. Indian residents can buy Amundi MSCI Smart Mobility UCITS ETF (MOBI) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. 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 MOBI invest in?
Amundi MSCI Smart Mobility UCITS ETF holds 83 securities. Its largest holdings are NVIDIA CORP (15.6%), HITACHI LTD (13.7%) and TESLA INC (13.2%). Technology is its largest sector at 43.4%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of MOBI?
Amundi MSCI Smart Mobility UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $180.2M.
Is MOBI a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Smart Mobility 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 MOBI pay dividends?
No. Amundi MSCI Smart Mobility 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 MOBI?
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 USD/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.