London Stock Exchange ETF segment · UCITS ETF
Invest in RIOL ETF from India
Indian and foreign residents can buy Amundi MSCI Brazil UCITS ETF (RIOL) units directly through Paasa.
By Paasa · Updated
RIOL at a glance
- Price
- £22.57+£0.02 (0.07%)
- Expense ratio
- 0.65%
- Day range
- £22.57 – £23.08
- Assets
- £336.9M
- Domicile
- Luxembourg
- Holdings
- 30
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- +2.21%
- 6 months
- -2.90%
- YTD
- +18.52%
- 1 year
- +28.72%
- 5 years
- +70.61%
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INC8.1%
- 2AMAZON.COM INC7.9%
- 3ADVANCED MICRO DEVICES5.3%
- 4NORFOLK SOUTHERN CORP5.0%
- 5MICRON TECHNOLOGY INC4.8%
- 6ELI LILLY & CO4.7%
- 7INTEL CORP4.7%
- 8ABBVIE INC4.7%
- 9NVIDIA CORP4.7%
- 10PROCTER & GAMBLE CO/THE4.7%
RIOL holds 30 securities in total. These 10 are 54.4% of the fund.
Where the money is invested
Countries
- United States92.6%
- France7.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EWZAMEXiShares MSCI Brazil ETF | 0.59% | 8.4B |
| IBZLLSEiShares MSCI Brazil UCITS ETF USD (Dist) | 0.74% | 382.0M |
| XMBRLSEXtrackers MSCI Brazil UCITS ETF | 0.25% | 215.4M |
| IDBZLSEiShares MSCI Brazil UCITS ETF USD (Dist) | 0.74% | 505.6M |
| LBRAXETRAAmundi MSCI Brazil UCITS ETF Acc | 0.65% | 394.4M |
Assets are shown in each fund's own reporting currency.
How to invest in RIOL 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 RIOL and buy
Find the fund by its ticker, RIOL, on the London Stock Exchange ETF segment, and place your order.
Why invest in RIOL from India
What RIOL holds
The Amundi MSCI Brazil UCITS ETF - Acc is an exchange-traded fund that meets UCITS standards, aiming to replicate the returns of the MSCI Brazil Net Total Return USD Index. This benchmark is constructed to reflect the performance of leading and medium-sized companies within the Brazilian stock market, covering approximately 85% of the nation's total equity universe.
Outside US estate tax
RIOL 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 RIOL'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 RIOL's UCITS structure matters for Indian investors
RIOL 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 RIOL from India?
Yes. Indian residents can buy Amundi MSCI Brazil UCITS ETF (RIOL) 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 RIOL invest in?
Amundi MSCI Brazil UCITS ETF holds 30 securities. Its largest holdings are APPLE INC (8.1%), AMAZON.COM INC (7.9%) and ADVANCED MICRO DEVICES (5.3%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of RIOL?
Amundi MSCI Brazil UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about £336.9M.
Is RIOL a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Brazil 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 RIOL pay dividends?
No. Amundi MSCI Brazil 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 RIOL?
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.