London Stock Exchange ETF segment · UCITS ETF
Invest in SP5C ETF from India
Indian and foreign residents can buy Amundi Core S&P 500 Swap UCITS ETF (SP5C) units directly through Paasa.
By Paasa · Updated
SP5C at a glance
- Price
- $560.00+$1.98 (0.35%)
- Expense ratio
- 0.05%
- Day range
- $560.00 – $560.13
- Assets
- $33.8B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2014
- Dividends
- Accumulating
- 1 month
- -0.79%
- 6 months
- +20.56%
- YTD
- +12.19%
- 1 year
- +16.71%
- 5 years
- +88.05%
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INC8.9%
- 2MICROSOFT CORP7.4%
- 3AMAZON.COM INC6.5%
- 4NVIDIA CORP5.6%
- 5TESLA INC3.7%
- 6ALPHABET INC CL A3.1%
- 7MICRON TECHNOLOGY INC2.7%
- 8WALMART INC2.0%
- 9ADVANCED MICRO DEVICES1.9%
- 10COSTCO WHOLESALE CORP1.8%
These 10 are 43.6% of the fund.
Where the money is invested
Sectors
- Technology38.7%
- Financial Services12.1%
- Communication Services9.5%
- Consumer Cyclical9.3%
- Healthcare9.3%
- Industrials7.8%
Countries
- United States94.5%
- United Kingdom1.1%
- Switzerland1.1%
- France0.9%
- Ireland0.7%
- Germany0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LSPULSEAmundi Core S&P 500 Swap UCITS ETF USD Dist | 0.05% | 33.8B |
| XSXDLSEXtrackers S&P 500 Swap UCITS ETF 1D | 0.07% | 9.1B |
| I500AMSiShares S&P 500 Swap UCITS ETF | 0.05% | 15.6B |
| XSPULSEXtrackers S&P 500 Swap UCITS ETF 1C | 0.15% | 9.1B |
| AUM5XETRAAmundi S&P 500 Swap UCITS ETF EUR Acc | 0.15% | 7.2B |
Assets are shown in each fund's own reporting currency.
How to invest in SP5C 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 SP5C and buy
Find the fund by its ticker, SP5C, on the London Stock Exchange ETF segment, and place your order.
Why invest in SP5C from India
What SP5C holds
The Amundi Core S&P 500 Swap UCITS ETF is engineered to closely mirror the returns generated by the S&P 500 Net Total Return Index, aiming for precise replication whether the market is ascending or descending. A primary goal is to minimize any divergence between the Sub-Fund's net asset value and the Index's performance.
Outside US estate tax
SP5C 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 SP5C'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
SP5C 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 SP5C's UCITS structure matters for Indian investors
SP5C 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 SP5C from India?
Yes. Indian residents can buy Amundi Core S&P 500 Swap UCITS ETF (SP5C) 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 SP5C invest in?
Its largest holdings are APPLE INC (8.9%), MICROSOFT CORP (7.4%) and AMAZON.COM INC (6.5%). Technology is its largest sector at 38.7%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of SP5C?
Amundi Core S&P 500 Swap 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 $33.8B.
Is SP5C a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core S&P 500 Swap 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 SP5C pay dividends?
No. Amundi Core S&P 500 Swap 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 SP5C?
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.