London Stock Exchange ETF segment · UCITS ETF
Invest in TPXG ETF from India
Indian and foreign residents can buy Amundi Index Solutions - Japan TOPIX UCITS ETF (TPXG) units directly through Paasa.
By Paasa · Updated
TPXG at a glance
- Price
- £133.47-£0.35 (0.26%)
- Expense ratio
- 0.2%
- Day range
- £132.58 – £133.47
- Assets
- £687.9M
- Domicile
- Luxembourg
- Holdings
- 94
- Launched
- 2018
- Dividends
- —
- 1 month
- +3.81%
- 6 months
- +13.30%
- YTD
- +23.16%
- 1 year
- +28.83%
- 5 years
- +64.46%
Price change, excluding dividends.
Top 10 holdings
- 1MICROSOFT CORP7.4%
- 2APPLE INC6.1%
- 3NVIDIA CORP5.9%
- 4MICRON TECHNOLOGY INC4.1%
- 5ADVANCED MICRO DEVICES3.4%
- 6L OREAL PRIME FIDELITE2.5%
- 7AXA SA2.5%
- 8TOTALENERGIES SE PARIS2.5%
- 9AIR LIQUIDE PRIME FIDELITE2.4%
- 10AMAZON.COM INC2.4%
TPXG 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 |
|---|---|---|
| TPXULSEAmundi Index Solutions - Japan TOPIX UCITS ETF | 0.2% | 912.8M |
Assets are shown in each fund's own reporting currency.
How to invest in TPXG 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 TPXG and buy
Find the fund by its ticker, TPXG, on the London Stock Exchange ETF segment, and place your order.
Why invest in TPXG from India
What TPXG holds
This Amundi Japan Topix UCITS ETF is designed to meticulously follow the total gross return of the TOPIX index, striving for the closest possible alignment regardless of whether the market trends upward or downward. It offers investors a straightforward avenue to gain exposure to the leading companies listed on the Japanese stock exchange.
Outside US estate tax
TPXG 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 TPXG's UCITS structure matters for Indian investors
TPXG 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 TPXG from India?
Yes. Indian residents can buy Amundi Index Solutions - Japan TOPIX UCITS ETF (TPXG) 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 TPXG invest in?
Amundi Index Solutions - Japan TOPIX UCITS ETF holds 94 securities. Its largest holdings are MICROSOFT CORP (7.4%), APPLE INC (6.1%) 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 TPXG?
Amundi Index Solutions - Japan TOPIX UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about £687.9M.
Is TPXG a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Index Solutions - Japan TOPIX 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.
What tax do I pay in India when I sell TPXG?
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.