London Stock Exchange ETF segment · UCITS ETF
Invest in SP5G ETF from India
Indian and foreign residents can buy Amundi Core S&P 500 Swap UCITS ETF (SP5G) units directly through Paasa.
By Paasa · Updated
SP5G at a glance
- Price
- £260.65+£1.90 (0.73%)
- Expense ratio
- 0.05%
- Day range
- £259.66 – £261.00
- Assets
- £25.5B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2019
- Dividends
- Distributing
- 1 month
- +0.81%
- 6 months
- +18.68%
- YTD
- +12.20%
- 1 year
- +16.02%
- 5 years
- +66.97%
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INCAAPL8.9%
- 2MICROSOFT CORPMSFT7.0%
- 3AMAZON.COM INCAMZN6.4%
- 4NVIDIA CORPNVDA5.0%
- 5TESLA INCTSLA3.8%
- 6ALPHABET INC CL AGOOGL2.9%
- 7MICRON TECHNOLOGY INCMU2.7%
- 8ADVANCED MICRO DEVICESAMD1.8%
- 9EXXONMOBIL HOLDINGS CORPXOM1.6%
- 10JPMORGAN CHASE & COJPM1.6%
These 10 are 41.7% 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%
- Switzerland1.0%
- France0.9%
- Ireland0.8%
- United Kingdom0.8%
- Sweden0.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SP5CLSEAmundi Core S&P 500 Swap UCITS ETF Acc | 0.05% | 33.8B |
| 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 |
Assets are shown in each fund's own reporting currency.
How to invest in SP5G 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 SP5G and buy
Find the fund by its ticker, SP5G, on the London Stock Exchange ETF segment, and place your order.
Why invest in SP5G from India
What SP5G holds
The Amundi Core S&P 500 Swap UCITS ETF GBP Hedged Dist aims to precisely mirror the performance of the S&P 500 Daily Hedged GBP Index Net TR (the 'Index'), striving for the closest possible correlation regardless of market trends. A key objective is to minimize any difference between the Sub-Fund's net asset value and the Index's returns.
Outside US estate tax
SP5G is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 SP5G's UCITS structure matters for Indian investors
SP5G 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 SP5G from India?
Yes. Indian residents can buy Amundi Core S&P 500 Swap UCITS ETF (SP5G) 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 SP5G invest in?
Its largest holdings are APPLE INC (8.9%), MICROSOFT CORP (7.0%) and AMAZON.COM INC (6.4%). Technology is its largest sector at 38.7%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of SP5G?
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 £25.5B.
Is SP5G 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.
How are SP5G dividends taxed in India?
Amundi Core S&P 500 Swap UCITS ETF 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 SP5G?
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.