London Stock Exchange ETF segment · UCITS ETF
Invest in TIPA ETF from India
Indian and foreign residents can buy Amundi US TIPS Government Inflation-Linked Bond UCITS ETF (TIPA) units directly through Paasa.
By Paasa · Updated
TIPA at a glance
- Price
- $22.75-$0.10 (0.44%)
- Expense ratio
- 0.09%
- Day range
- $22.72 – $22.86
- Assets
- $1.5B
- Domicile
- Luxembourg
- Holdings
- 51
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- -3.03%
- 6 months
- -2.07%
- YTD
- -2.36%
- 1 year
- -2.23%
- 5 years
- -1.53%
Price change, excluding dividends.
Top 10 holdings
- 1THE UNITED ST TSY 1.875% 15Jul353.5%
- 2THE UNITED ST TSY 2.125% 15Jan353.4%
- 3THE UNITED ST TSY 1.875% 15Jan363.4%
- 4THE UNITED ST TSY 1.25% 15Apr313.2%
- 5THE UNITED ST TSY 1.875% 15Jul343.2%
- 6THE UNITED ST TSY 1.125% 15Oct303.1%
- 7THE UNITED ST TSY 0.125% 15Jan323.1%
- 8THE UNITED ST TSY 1.625% 15Apr303.1%
- 9THE UNITED ST TSY 1.75% 15Jan343.1%
- 10THE UNITED ST TSY 0.125% 15Jul313.0%
TIPA holds 51 securities in total. These 10 are 32.1% of the fund.
Where the money is invested
Countries
- United States100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| TIPHLSEAmundi US TIPS Government Inflation-Linked Bond UCITS ETF GBP Hedged Dist | 0.12% | 1.1B |
| TIPULSEAmundi US TIPS Government Inflation-Linked Bond UCITS ETF Dist | 0.09% | 1.5B |
Assets are shown in each fund's own reporting currency.
How to invest in TIPA 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 TIPA and buy
Find the fund by its ticker, TIPA, on the London Stock Exchange ETF segment, and place your order.
Why invest in TIPA from India
What TIPA holds
The Amundi US TIPS Government Inflation-Linked Bond UCITS ETF Acc aims to closely mirror the returns of the Barclays US Government Inflation-Linked Bond Index (the "Benchmark Index"), a USD-denominated benchmark, regardless of whether market trends are upward or downward. A primary goal is to minimize the "Tracking Error," defined as the volatility of the disparity between the fund's performance and that of the Benchmark Index.
Outside US estate tax
TIPA 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 TIPA'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
TIPA 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 TIPA's UCITS structure matters for Indian investors
TIPA 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 TIPA from India?
Yes. Indian residents can buy Amundi US TIPS Government Inflation-Linked Bond UCITS ETF (TIPA) 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 TIPA invest in?
Amundi US TIPS Government Inflation-Linked Bond UCITS ETF holds 51 securities. Its largest holdings are THE UNITED ST TSY 1.875% 15Jul35 (3.5%), THE UNITED ST TSY 2.125% 15Jan35 (3.4%) and THE UNITED ST TSY 1.875% 15Jan36 (3.4%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of TIPA?
Amundi US TIPS Government Inflation-Linked Bond UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.5B.
Is TIPA a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi US TIPS Government Inflation-Linked Bond 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 TIPA pay dividends?
No. Amundi US TIPS Government Inflation-Linked Bond 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 TIPA?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.