London Stock Exchange ETF segment · UCITS ETF
Invest in UNIC ETF from India
Indian and foreign residents can buy Amundi Global Memory Chips UCITS ETF (UNIC) units directly through Paasa.
By Paasa · Updated
UNIC at a glance
- Price
- $25.15+$0.10 (0.40%)
- Expense ratio
- 0.45%
- Day range
- $24.99 – $25.48
- Assets
- $592.7M
- Domicile
- Luxembourg
- Holdings
- 236
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- +9.78%
- 6 months
- +52.06%
- YTD
- +34.64%
- 1 year
- +36.83%
- 5 years
- +49.95%
Price change, excluding dividends.
Top 10 holdings
- 1MICRON TECHNOLOGY INC19.8%
- 2SK HYNIX INC15.7%
- 3SANDISK CORP10.8%
- 4SAMSUNG ELECTRONIC CO LTD10.6%
- 5MARVELL TECHNOLOGY INC10.2%
- 6SEAGATE TECHNOLOGY HOLDINGS8.9%
- 7WESTERN DIGITAL CORPORATION6.9%
- 8KIOXIA HOLDINGS CORP4.1%
- 9ASTERA LABS INC2.1%
- 10NETAPP INC1.7%
UNIC holds 236 securities in total. These 10 are 90.7% of the fund.
Where the money is invested
Countries
- United States62.9%
- South Korea27.8%
- Japan3.9%
- Taiwan3.3%
- Cayman Islands1.4%
- Hong Kong0.4%
How to invest in UNIC 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 UNIC and buy
Find the fund by its ticker, UNIC, on the London Stock Exchange ETF segment, and place your order.
Why invest in UNIC from India
What UNIC holds
The Sub-Fund is an index-tracking UCITS passively managed. This Sub-Fund promotes environmental and/or social characteristics within the meaning of article 8 of SFDR, as further described in Appendix I ESG Related Disclosures to this Prospectus.
Outside US estate tax
UNIC 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 UNIC'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
UNIC 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 UNIC's UCITS structure matters for Indian investors
UNIC 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 UNIC from India?
Yes. Indian residents can buy Amundi Global Memory Chips UCITS ETF (UNIC) 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 UNIC invest in?
Amundi Global Memory Chips UCITS ETF holds 236 securities. Its largest holdings are MICRON TECHNOLOGY INC (19.8%), SK HYNIX INC (15.7%) and SANDISK CORP (10.8%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of UNIC?
Amundi Global Memory Chips UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $592.7M.
Is UNIC a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Global Memory Chips 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 UNIC pay dividends?
No. Amundi Global Memory Chips 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 UNIC?
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.