London Stock Exchange ETF segment · UCITS ETF
Invest in TPHG ETF from India
Indian and foreign residents can buy Amundi Japan Topix UCITS ETF - DAILY C (TPHG) units directly through Paasa.
By Paasa · Updated
TPHG at a glance
- Price
- £189.41-£1.05 (0.55%)
- Expense ratio
- 0.48%
- Day range
- £189.41 – £190.32
- Assets
- £712.3M
- Domicile
- Luxembourg
- Holdings
- 94
- Launched
- 2018
- Dividends
- —
- 1 month
- -1.90%
- 6 months
- +17.27%
- YTD
- +22.22%
- 1 year
- +34.50%
- 5 years
- +149.93%
Price change, excluding dividends.
Top 10 holdings
- 1MICROSOFT CORP7.4%
- 2APPLE INC6.2%
- 3NVIDIA CORP5.9%
- 4MICRON TECHNOLOGY INC4.1%
- 5ADVANCED MICRO DEVICES3.3%
- 6L OREAL PRIME FIDELITE2.5%
- 7TOTALENERGIES SE PARIS2.5%
- 8AXA SA2.5%
- 9AIR LIQUIDE PRIME FIDELITE2.4%
- 10COSTCO WHOLESALE CORP2.4%
TPHG holds 94 securities in total. These 10 are 39.3% of the fund.
Where the money is invested
Sectors
- Financial Services20.0%
- Consumer Cyclical19.2%
- Healthcare15.1%
- Industrials10.8%
- Technology10.7%
- Communication Services7.3%
Countries
- United States82.5%
- France13.0%
- Sweden1.7%
- Switzerland1.4%
- Netherlands0.8%
- Canada0.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| TTPXXETRAAmundi Japan Topix UCITS ETF - DAILY HEDGED EUR (C) | 0.48% | 830.3M |
| TPHULSEAmundi Japan Topix UCITS ETF - DAILY HEDGED USD (C) | 0.48% | 944.2M |
Assets are shown in each fund's own reporting currency.
How to invest in TPHG 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 TPHG and buy
Find the fund by its ticker, TPHG, on the London Stock Exchange ETF segment, and place your order.
Why invest in TPHG from India
What TPHG holds
The Amundi Japan Topix UCITS ETF - Daily Hedged GBP is designed to closely mirror the total gross return performance of the TOPIX index, irrespective of market direction. It incorporates a monthly currency hedging mechanism against the British Pound.
Outside US estate tax
TPHG 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 TPHG's UCITS structure matters for Indian investors
TPHG 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 TPHG from India?
Yes. Indian residents can buy Amundi Japan Topix UCITS ETF - DAILY C (TPHG) 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 TPHG invest in?
Amundi Japan Topix UCITS ETF - DAILY C holds 94 securities. Its largest holdings are MICROSOFT CORP (7.4%), APPLE INC (6.2%) and NVIDIA CORP (5.9%). Financial Services is its largest sector at 20.0%. The fund is domiciled in Luxembourg.
What is the expense ratio of TPHG?
Amundi Japan Topix UCITS ETF - DAILY C has an expense ratio of 0.48% a year, taken from the fund's assets rather than billed to you. The fund manages about £712.3M.
Is TPHG a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Japan Topix UCITS ETF - DAILY C 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.
What tax do I pay in India when I sell TPHG?
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.