XETRA · UCITS ETF
Invest in MTDD ETF from India
Indian and foreign residents can buy Amundi Euro Government Bond 7-10Y UCITS ETF (MTDD) units directly through Paasa.
By Paasa · Updated
MTDD at a glance
- Price
- €146.61+€0.12 (0.08%)
- Expense ratio
- 0.15%
- Day range
- €146.61 – €146.96
- Assets
- €1.5B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- -3.19%
- 6 months
- -3.05%
- YTD
- -4.23%
- 1 year
- -6.37%
- 5 years
- -20.61%
Price change, excluding dividends.
Top 10 holdings
- 1FRENCH REPUBL OAT 3.5% 25Nov334.7%
- 2FRENCH REPUBL OAT 3.5% 25Nov354.2%
- 3FRENCH REPUBL OAT 1.25% 25May343.9%
- 4FRENCH REPUBL OAT 3.2% 25May353.8%
- 5FRANCE OAT 1.25% 25May363.8%
- 6FRENCH REPUBL OAT 3% 25Nov343.7%
- 7FEDERAL REPUB BRD 2.9% 15Feb363.1%
- 8FRANCE OAT 4.75% 25Apr353.0%
- 9FEDERAL REPUB BRD 2.5% 15Feb352.5%
- 10FEDERAL REPUB BRD 2.6% 15Aug342.5%
These 10 are 35.1% of the fund.
Where the money is invested
Countries
- France27.1%
- Italy20.2%
- Germany19.7%
- Spain13.4%
- Belgium6.2%
- Austria3.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LYXDXETRAAmundi Euro Government Bond 7-10Y UCITS ETF Acc | 0.15% | 1.5B |
Assets are shown in each fund's own reporting currency.
How to invest in MTDD 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 MTDD and buy
Find the fund by its ticker, MTDD, on XETRA, and place your order.
Why invest in MTDD from India
What MTDD holds
The Amundi Euro Government Bond 7-10Y (DR) UCITS ETF - Dist is a UCITS-regulated exchange-traded fund structured to mirror the financial performance of the Bloomberg Barclays Euro Treasury 50bn 7-10 Year Bond Index. This specific benchmark monitors euro-denominated government debt issued by nations within the European Monetary Union, provided they have at least €50 billion in government bonds outstanding.
Outside US estate tax
MTDD is domiciled in Luxembourg, 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 MTDD's UCITS structure matters for Indian investors
MTDD 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 MTDD from India?
Yes. Indian residents can buy Amundi Euro Government Bond 7-10Y UCITS ETF (MTDD) 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 MTDD invest in?
Its largest holdings are FRENCH REPUBL OAT 3.5% 25Nov33 (4.7%), FRENCH REPUBL OAT 3.5% 25Nov35 (4.2%) and FRENCH REPUBL OAT 1.25% 25May34 (3.9%). It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of MTDD?
Amundi Euro Government Bond 7-10Y 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 €1.5B.
Is MTDD a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Euro Government Bond 7-10Y 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.
How are MTDD dividends taxed in India?
Amundi Euro Government Bond 7-10Y 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 MTDD?
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.