XETRA · UCITS ETF
Invest in PABW ETF from India
Indian and foreign residents can buy Amundi MSCI World Climate Paris Aligned UCITS ETF (PABW) units directly through Paasa.
By Paasa · Updated
PABW at a glance
- Price
- €95.20+€1.05 (1.12%)
- Expense ratio
- 0.2%
- Day range
- €94.62 – €95.46
- Assets
- €1.3B
- Domicile
- Ireland
- Holdings
- 505
- Launched
- 2023
- Dividends
- Accumulating
- 1 month
- +2.76%
- 6 months
- +18.06%
- YTD
- +12.58%
- 1 year
- +15.27%
- 5 years
- +70.67%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP7.8%
- 2APPLE INC6.0%
- 3MICROSOFT CORP4.5%
- 4ALPHABET INC CL C2.8%
- 5AMAZON.COM INC2.8%
- 6BROADCOM INC1.9%
- 7META PLATFORMS INC-CLASS A1.9%
- 8ADVANCED MICRO DEVICES1.8%
- 9TESLA INC1.8%
- 10ALPHABET INC CL A1.6%
PABW holds 505 securities in total. These 10 are 32.9% of the fund.
Where the money is invested
Sectors
- Technology36.0%
- Financial Services16.6%
- Healthcare10.3%
- Industrials8.0%
- Communication Services7.7%
- Consumer Cyclical7.5%
Countries
- United States71.5%
- Canada5.0%
- Japan3.3%
- Switzerland2.9%
- United Kingdom2.6%
- France2.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HPAWLSEHSBC MSCI World Climate Paris Aligned UCITS ETF | 0.18% | 586.6M |
Assets are shown in each fund's own reporting currency.
How to invest in PABW 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 PABW and buy
Find the fund by its ticker, PABW, on XETRA, and place your order.
Why invest in PABW from India
What PABW holds
The Amundi MSCI World Climate Paris Aligned UCITS ETF Acc is designed to closely replicate the returns of the MSCI World Climate Paris Aligned Filtered PAB Index, performing consistently whether markets are advancing or declining. A primary goal is to minimize any divergence between the fund's net asset value and the index's performance.
Outside US estate tax
PABW 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 PABW's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 PABW's UCITS structure matters for Indian investors
PABW 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 PABW from India?
Yes. Indian residents can buy Amundi MSCI World Climate Paris Aligned UCITS ETF (PABW) 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 PABW invest in?
Amundi MSCI World Climate Paris Aligned UCITS ETF holds 505 securities. Its largest holdings are NVIDIA CORP (7.8%), APPLE INC (6.0%) and MICROSOFT CORP (4.5%). Technology is its largest sector at 36.0%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of PABW?
Amundi MSCI World Climate Paris Aligned UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.3B.
Is PABW a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI World Climate Paris Aligned 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 PABW pay dividends?
No. Amundi MSCI World Climate Paris Aligned 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 PABW?
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.