London Stock Exchange ETF segment · UCITS ETF
Invest in SEMU ETF from India
Indian and foreign residents can buy Amundi MSCI Semiconductors UCITS ETF (SEMU) units directly through Paasa.
By Paasa · Updated
SEMU at a glance
- Price
- $134.56-$0.50 (0.37%)
- Expense ratio
- 0.35%
- Day range
- $133.84 – $134.68
- Assets
- $2.6B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- +5.99%
- 6 months
- +58.38%
- YTD
- +61.03%
- 1 year
- +79.01%
- 5 years
- +350.94%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP29.1%
- 2TAIWAN SEMICONDUCTOR MANUFAC12.0%
- 3BROADCOM INC10.0%
- 4MICRON TECHNOLOGY INC7.7%
- 5ADVANCED MICRO DEVICES6.5%
- 6SK HYNIX INC4.8%
- 7ASML HOLDING NV4.2%
- 8INTEL CORP3.4%
- 9LAM RESEARCH CORP2.5%
- 10APPLIED MATERIALS INC2.4%
These 10 are 82.5% of the fund.
Where the money is invested
Countries
- United States70.3%
- Taiwan (Province of China)15.0%
- Netherlands5.0%
- Korea (the Republic of)4.8%
- Japan3.4%
- Germany0.5%
How to invest in SEMU 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 SEMU and buy
Find the fund by its ticker, SEMU, on the London Stock Exchange ETF segment, and place your order.
Why invest in SEMU from India
What SEMU holds
The Fund is an index-tracking UCITS passively managed. The investment objective of the Fund is to track both the upward and the downward evolution of MSCI ACWI IMI Semiconductors & Semiconductor Equipment Filtered Index.
Outside US estate tax
SEMU 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 SEMU's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
SEMU 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 SEMU's UCITS structure matters for Indian investors
SEMU 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 SEMU from India?
Yes. Indian residents can buy Amundi MSCI Semiconductors UCITS ETF (SEMU) 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 SEMU invest in?
Its largest holdings are NVIDIA CORP (29.1%), TAIWAN SEMICONDUCTOR MANUFAC (12.0%) and BROADCOM INC (10.0%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of SEMU?
Amundi MSCI Semiconductors UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.6B.
Is SEMU a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Semiconductors 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 SEMU pay dividends?
No. Amundi MSCI Semiconductors 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 SEMU?
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.