XETRA · UCITS ETF
Invest in PRAR ETF from India
Indian and foreign residents can buy Amundi Prime Euro Government Bond UCITS ETF (PRAR) units directly through Paasa.
By Paasa · Updated
PRAR at a glance
- Price
- €17.41-€0.00 (0.02%)
- Expense ratio
- 0.05%
- Day range
- €17.41 – €17.46
- Assets
- €2.1B
- Domicile
- Luxembourg
- Holdings
- 411
- Launched
- 2020
- Dividends
- Accumulating
- 1 month
- -2.54%
- 6 months
- -2.05%
- YTD
- -3.40%
- 1 year
- -3.19%
- 5 years
- -14.08%
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE OAT 2.5% 25May300.9%
- 2FRANCE OAT 0.75% 25May280.8%
- 3FRANCE OAT 1.5% 25May310.8%
- 4FRENCH REPUBL OAT 2.75% 25Feb290.8%
- 5FRANCE OAT 2.75% 25Oct270.8%
- 6FRENCH REPUBL OAT 3.5% 25Nov330.8%
- 7FRENCH REPUBL OAT 2.75% 25Feb300.8%
- 8FRENCH REPUBL OAT 0.75% 25Nov280.8%
- 9FRENCH REPUBL OAT 3.5% 25Nov350.7%
- 10FRENCH REPUBL OAT 2% 25Nov320.7%
PRAR holds 411 securities in total. These 10 are 8.1% of the fund.
Where the money is invested
Sectors
- Financial Services40.5%
- Industrials35.9%
- Basic Materials23.6%
Countries
- France25.0%
- Italy21.9%
- Germany20.0%
- Spain14.7%
- Belgium5.2%
- Netherlands4.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| MTXXLSEAmundi Core Euro Government Bond UCITS ETF Acc | 0.09% | 1.5B |
| 10ALXETRAAmundi Core Euro Government Bond UCITS ETF Dist | 0.09% | 1.7B |
| PRIRLSEAmundi Prime Euro Government Bond UCITS ETF Dist | 0.05% | 1.8B |
| EIBBXETRAInvesco Euro Government Bond UCITS ETF EUR | 0.07% | 24.5M |
Assets are shown in each fund's own reporting currency.
How to invest in PRAR 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 PRAR and buy
Find the fund by its ticker, PRAR, on XETRA, and place your order.
Why invest in PRAR from India
What PRAR holds
This ETF, the Amundi Prime Euro Government Bond UCITS ETF Acc, aims to precisely replicate the performance trajectory of the Solactive Eurozone Government Bond Index TR (referred to as 'the Index'), irrespective of whether market trends are upward or downward. A core objective is to minimize the deviation between the fund's net asset value and the Index's returns.
Outside US estate tax
PRAR is domiciled in Luxembourg, 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 PRAR'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 PRAR's UCITS structure matters for Indian investors
PRAR 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 PRAR from India?
Yes. Indian residents can buy Amundi Prime Euro Government Bond UCITS ETF (PRAR) 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 PRAR invest in?
Amundi Prime Euro Government Bond UCITS ETF holds 411 securities. Its largest holdings are FRANCE OAT 2.5% 25May30 (0.9%), FRANCE OAT 0.75% 25May28 (0.8%) and FRANCE OAT 1.5% 25May31 (0.8%). Financial Services is its largest sector at 40.5%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of PRAR?
Amundi Prime Euro Government Bond UCITS ETF has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about €2.1B.
Is PRAR a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Prime Euro Government Bond 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.
Does PRAR pay dividends?
No. Amundi Prime Euro Government Bond 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 PRAR?
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.