London Stock Exchange ETF segment · ETF
Invest in PRIZ ETF from India
Indian and foreign residents can buy Amundi Index Solutions - Prime Eurozone (PRIZ) units directly through Paasa.
By Paasa · Updated
PRIZ at a glance
- Price
- £33.32-£0.64 (1.87%)
- Expense ratio
- 0.05%
- Day range
- £33.32 – £33.74
- Assets
- £925.7M
- Domicile
- Luxembourg
- Holdings
- 200
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- -2.86%
- 6 months
- +7.57%
- YTD
- +6.98%
- 1 year
- +9.42%
- 5 years
- +47.92%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV9.6%
- 2SIEMENS AG-REG3.2%
- 3SAP SE / XETRA3.0%
- 4BANCO SANTANDER SA MADRID2.9%
- 5TOTALENERGIES SE PARIS2.6%
- 6ALLIANZ SE-REG2.5%
- 7SCHNEIDER ELECT SE2.5%
- 8BANCO BILBAO VIZCAYA ARGENTA2.2%
- 9IBERDROLA SA2.0%
- 10UNICREDIT SPA1.8%
PRIZ holds 200 securities in total. These 10 are 32.4% of the fund.
Where the money is invested
Sectors
- Financial Services26.9%
- Industrials19.3%
- Technology16.5%
- Consumer Cyclical7.5%
- Utilities6.3%
- Healthcare5.9%
Countries
- Germany25.5%
- France23.8%
- Netherlands18.1%
- Spain10.9%
- Italy10.0%
- Finland3.7%
How to invest in PRIZ 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 GBP when you buy.
Step 3
Search PRIZ and buy
Find the fund by its ticker, PRIZ, on the London Stock Exchange ETF segment, and place your order.
Why invest in PRIZ from India
What PRIZ holds
The Amundi Prime Eurozone UCITS ETF DR aims to accurately mirror the performance of the Solactive GBS Developed Markets Eurozone Large & Mid Cap Index (Net Total return), regardless of whether the market is rising or falling. This ETF offers investors access to a broad selection of large and medium-sized companies across ten countries within the Eurozone.
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.
Frequently asked questions
Can I buy PRIZ from India?
Yes. Indian residents can buy Amundi Index Solutions - Prime Eurozone (PRIZ) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 PRIZ invest in?
Amundi Index Solutions - Prime Eurozone holds 200 securities. Its largest holdings are ASML HOLDING NV (9.6%), SIEMENS AG-REG (3.2%) and SAP SE / XETRA (3.0%). Financial Services is its largest sector at 26.9%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of PRIZ?
Amundi Index Solutions - Prime Eurozone has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about £925.7M.
How are PRIZ dividends taxed in India?
Amundi Index Solutions - Prime Eurozone 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 PRIZ?
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 GBP/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.