London Stock Exchange ETF segment · UCITS ETF
Invest in PRAM ETF from India
Indian and foreign residents can buy Amundi Prime Emerging Markets UCITS ETF DR C (PRAM) units directly through Paasa.
By Paasa · Updated
PRAM at a glance
- Price
- $29.95+$0.13 (0.44%)
- Expense ratio
- 0.1%
- Day range
- $29.93 – $30.13
- Assets
- $2.1B
- Domicile
- Luxembourg
- Holdings
- 1,613
- Launched
- 2021
- Dividends
- —
- 1 month
- -1.04%
- 6 months
- +20.50%
- YTD
- +21.53%
- 1 year
- +28.52%
- 5 years
- +54.51%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFAC2330.TW14.0%
- 2SAMSUNG ELECTRONIC CO LTD005930.KS7.3%
- 3SK HYNIX INC000660.KS5.8%
- 4TENCENT HOLDINGS LTD0700.HK2.6%
- 5ALIBABA GROUP HOLDING LTD9988.HK1.9%
- 6MEDIATEK INC2454.TW1.8%
- 7SAMSUNG ELECTRONICS - PFD NV005935.KS1.0%
- 8CHINA CONSTRUCTION BANK HK0939.HK0.9%
- 9CASH0.8%
- 10DELTA ELECTRONICS INC2308.TW0.8%
PRAM holds 1,613 securities in total. These 10 are 36.8% of the fund.
Where the money is invested
Sectors
- Technology42.5%
- Financial Services18.6%
- Consumer Cyclical8.0%
- Industrials7.5%
- Communication Services5.8%
- Basic Materials5.6%
Countries
- Taiwan (Province of China)27.4%
- Korea (the Republic of)20.7%
- China18.6%
- India11.2%
- Brazil3.8%
- South Africa2.4%
How to invest in PRAM 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 PRAM and buy
Find the fund by its ticker, PRAM, on the London Stock Exchange ETF segment, and place your order.
Why invest in PRAM from India
What PRAM holds
The AMUNDI PRIME EMERGING MARKETS UCITS ETF DR is designed to meticulously mirror the performance of the Solactive GBS Emerging Markets Large & Mid Cap USD Index (Net Total return), regardless of whether the index is experiencing gains or losses. Through its holdings, this ETF provides investors with access to large and medium-sized companies situated across 26 distinct emerging economies.
Outside US estate tax
PRAM is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
PRAM 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 PRAM's UCITS structure matters for Indian investors
PRAM 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 PRAM from India?
Yes. Indian residents can buy Amundi Prime Emerging Markets UCITS ETF DR C (PRAM) 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 PRAM invest in?
Amundi Prime Emerging Markets UCITS ETF DR C holds 1,613 securities. Its largest holdings are TAIWAN SEMICONDUCTOR MANUFAC (14.0%), SAMSUNG ELECTRONIC CO LTD (7.3%) and SK HYNIX INC (5.8%). Technology is its largest sector at 42.5%. The fund is domiciled in Luxembourg.
What is the expense ratio of PRAM?
Amundi Prime Emerging Markets UCITS ETF DR C has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.1B.
Is PRAM a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Prime Emerging Markets UCITS ETF DR C 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.
What tax do I pay in India when I sell PRAM?
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.