London Stock Exchange ETF segment · UCITS ETF
Invest in MWRU ETF from India
Indian and foreign residents can buy Amundi Core MSCI World UCITS ETF (MWRU) units directly through Paasa.
By Paasa · Updated
MWRU at a glance
- Price
- $183.70-$0.77 (0.42%)
- Expense ratio
- 0.12%
- Day range
- $183.50 – $184.59
- Assets
- $19.0B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- -1.70%
- 6 months
- +18.20%
- YTD
- +11.18%
- 1 year
- +16.75%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORPNVDA5.7%
- 2APPLE INCAAPL5.4%
- 3MICROSOFT CORPMSFT3.9%
- 4AMAZON.COM INCAMZN2.6%
- 5ALPHABET INC CL AGOOGL2.2%
- 6META PLATFORMS INC-CLASS AMETA1.9%
- 7ALPHABET INC CL CGOOG1.7%
- 8BROADCOM INCAVGO1.7%
- 9MICRON TECHNOLOGY INCMU1.3%
- 10TESLA INCTSLA1.2%
These 10 are 27.7% of the fund.
Where the money is invested
Sectors
- Technology30.8%
- Financial Services16.2%
- Industrials10.8%
- Healthcare9.3%
- Consumer Cyclical8.6%
- Communication Services8.0%
Countries
- United States70.9%
- Japan5.7%
- United Kingdom3.6%
- Canada3.3%
- Switzerland2.5%
- Germany2.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| URTHAMEXiShares MSCI World ETF | 0.24% | 8.2B |
| IWDALSEiShares Core MSCI World UCITS ETF | 0.2% | 148.5B |
| MXWOLSEInvesco MSCI World UCITS ETF | 0.05% | 10.4B |
| ELFWXETRADeka MSCI World UCITS ETF | 0.3% | 5.7B |
| WRDBLSEUBS Core MSCI World UCITS ETF USD acc | 0.06% | 17.8B |
Assets are shown in each fund's own reporting currency.
How to invest in MWRU 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 MWRU and buy
Find the fund by its ticker, MWRU, on the London Stock Exchange ETF segment, and place your order.
Why invest in MWRU from India
What MWRU holds
The objective of this Sub-Fund is to track the performance of MSCI WORLD Index (the Index), and to minimize the tracking error between the net asset value of the Sub-Fund and the performance of the Index
Outside US estate tax
MWRU is domiciled in Ireland, 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 MWRU'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
MWRU 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 MWRU's UCITS structure matters for Indian investors
MWRU 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 MWRU from India?
Yes. Indian residents can buy Amundi Core MSCI World UCITS ETF (MWRU) 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 MWRU invest in?
Its largest holdings are NVIDIA CORP (5.7%), APPLE INC (5.4%) and MICROSOFT CORP (3.9%). Technology is its largest sector at 30.8%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of MWRU?
Amundi Core MSCI World UCITS ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about $19.0B.
Is MWRU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core MSCI World 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.
Does MWRU pay dividends?
No. Amundi Core MSCI World 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 MWRU?
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.