XETRA · UCITS ETF
Invest in NADA ETF from India
Indian and foreign residents can buy Amundi Core MSCI Japan UCITS ETF (NADA) units directly through Paasa.
By Paasa · Updated
NADA at a glance
- Price
- €92.46+€0.20 (0.22%)
- Expense ratio
- 0.12%
- Day range
- €92.12 – €92.68
- Assets
- €6.2B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2020
- Dividends
- Distributing
- 1 month
- +2.31%
- 6 months
- +20.56%
- YTD
- +23.87%
- 1 year
- +27.23%
- 5 years
- +46.11%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GROUP8306.T4.7%
- 2TOYOTA MOTOR CORP7203.T3.4%
- 3SUMITOMO MITSUI FINANCIAL GROUP8316.T3.0%
- 4TOKYO ELECTRON JPY508035.T3.0%
- 5ADVANTEST CORP Y506857.T3.0%
- 6HITACHI LTD6501.T2.9%
- 7SOFTBANK GROUP CORP9984.T2.7%
- 8RECRUIT HOLDINGS CO LTD6098.T2.6%
- 9SONY GROUP CORP (JT)6758.T2.6%
- 10KIOXIA HOLDINGS CORP285A.T2.5%
These 10 are 30.2% of the fund.
Where the money is invested
Sectors
- Industrials23.1%
- Technology23.0%
- Financial Services19.3%
- Consumer Cyclical11.0%
- Communication Services8.2%
- Healthcare5.3%
Countries
- Japan100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EWJAMEXiShares MSCI Japan ETF | 0.49% | 23.2B |
| LCJDLSEAmundi Core MSCI Japan UCITS ETF Acc | 0.12% | 7.0B |
| XMJDLSEXtrackers MSCI Japan UCITS ETF 1C | 0.12% | 8.9B |
| DBJPAMEXXtrackers MSCI Japan Hedged Equity ETF | 0.45% | 722.8M |
| IJPDLSEiShares MSCI Japan USD Hedged UCITS ETF (Acc) | 0.64% | 624.6M |
Assets are shown in each fund's own reporting currency.
How to invest in NADA 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 NADA and buy
Find the fund by its ticker, NADA, on XETRA, and place your order.
Why invest in NADA from India
What NADA holds
The Amundi Core MSCI Japan UCITS ETF Dist is engineered to closely track the performance of the MSCI Japan Net JPY Index, aiming for high fidelity to its benchmark's movements in both rising and falling markets. A core objective is to minimize any divergence between the fund's net asset value and the index's returns.
Outside US estate tax
NADA 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 NADA's UCITS structure matters for Indian investors
NADA 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 NADA from India?
Yes. Indian residents can buy Amundi Core MSCI Japan UCITS ETF (NADA) 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 NADA invest in?
Its largest holdings are MITSUBISHI UFJ FINANCIAL GROUP (4.7%), TOYOTA MOTOR CORP (3.4%) and SUMITOMO MITSUI FINANCIAL GROUP (3.0%). Industrials is its largest sector at 23.1%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of NADA?
Amundi Core MSCI Japan 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 €6.2B.
Is NADA a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core MSCI Japan 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 NADA dividends taxed in India?
Amundi Core MSCI Japan 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 NADA?
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.