SIX Swiss Exchange · UCITS ETF
Invest in US7 ETF from India
Indian and foreign residents can buy Amundi US Treasury Bond 7-10Y UCITS ETF (US7) units directly through Paasa.
By Paasa · Updated
US7 at a glance
- Price
- $265.10-$1.55 (0.58%)
- Expense ratio
- 0.06%
- Day range
- $265.10 – $265.10
- Assets
- $1.9B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2023
- Dividends
- Accumulating
- 1 month
- -3.38%
- 6 months
- -3.69%
- YTD
- -4.39%
- 1 year
- -2.89%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1THE UNITED ST TSY 4.625% 15Feb359.1%
- 2THE UNITED ST TSY 4.375% 15May349.1%
- 3THE UNITED ST TSY 4.375% 15May369.0%
- 4THE UNITED ST TSY 4.25% 15Nov349.0%
- 5THE UNITED ST TSY 4.25% 15May358.9%
- 6THE UNITED ST TSY 4.25% 15Aug358.8%
- 7THE UNITED ST TSY 4% 15Nov358.7%
- 8THE UNITED ST TSY 4% 15Feb348.7%
- 9THE UNITED ST TSY 4.125% 15Feb368.7%
- 10THE UNITED ST TSY 4.5% 15Nov338.7%
These 10 are 88.7% of the fund.
Where the money is invested
Countries
- United States101.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| US71LSEAmundi US Treasury Bond 7-10Y UCITS ETF Dist | 0.06% | 1.9B |
| 7USHXETRAAmundi US Treasury Bond 7-10Y UCITS ETF EUR Hedged Acc | 0.1% | 1.7B |
Assets are shown in each fund's own reporting currency.
How to invest in US7 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 US7 and buy
Find the fund by its ticker, US7, on the SIX Swiss Exchange, and place your order.
Why invest in US7 from India
What US7 holds
The Amundi US Treasury Bond 7-10Y UCITS ETF Acc is designed to closely mirror the performance of the Bloomberg US Treasury 7-10 Year Index (its Benchmark Index), which is denominated in US dollars. The fund aims to replicate these returns as accurately as possible in all market conditions, whether they are rising or falling.
Outside US estate tax
US7 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 US7'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
US7 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 US7's UCITS structure matters for Indian investors
US7 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 US7 from India?
Yes. Indian residents can buy Amundi US Treasury Bond 7-10Y UCITS ETF (US7) through Paasa. It is listed on the SIX Swiss Exchange 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 US7 invest in?
Its largest holdings are THE UNITED ST TSY 4.625% 15Feb35 (9.1%), THE UNITED ST TSY 4.375% 15May34 (9.1%) and THE UNITED ST TSY 4.375% 15May36 (9.0%). It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of US7?
Amundi US Treasury Bond 7-10Y UCITS ETF has an expense ratio of 0.06% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.9B.
Is US7 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi US Treasury Bond 7-10Y 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 US7 pay dividends?
No. Amundi US Treasury Bond 7-10Y 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 US7?
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.