XETRA · UCITS ETF
Invest in VOOL ETF from India
Indian and foreign residents can buy Amundi S&P 500 VIX Futures Enhanced Roll UCITS ETF (VOOL) units directly through Paasa.
By Paasa · Updated
VOOL at a glance
- Price
- €0.65+€0.00 (0.20%)
- Expense ratio
- 0.6%
- Day range
- €0.63 – €0.66
- Assets
- €125.1M
- Domicile
- Luxembourg
- Holdings
- 33
- Launched
- 2012
- Dividends
- Accumulating
- 1 month
- +4.47%
- 6 months
- -13.92%
- YTD
- -9.45%
- 1 year
- -19.91%
- 5 years
- -80.26%
Price change, excluding dividends.
Top 10 holdings
- 1CITIGROUP INC8.9%
- 2WALMART INC8.7%
- 3META PLATFORMS INC-CLASS A4.6%
- 4BROADCOM INC4.6%
- 5ALPHABET INC CL A4.5%
- 6NVIDIA CORP4.5%
- 7AMAZON.COM INC4.3%
- 8AMGEN INC4.2%
- 9PROCTER & GAMBLE CO/THE4.2%
- 10RTX CORP3.8%
VOOL holds 33 securities in total. These 10 are 52.5% of the fund.
Where the money is invested
Sectors
- Technology42.9%
- Consumer Cyclical15.8%
- Communication Services14.6%
- Healthcare8.4%
- Industrials5.7%
- Consumer Defensive4.5%
Countries
- United States96.2%
- France3.8%
How to invest in VOOL 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 EUR when you buy.
Step 3
Search VOOL and buy
Find the fund by its ticker, VOOL, on XETRA, and place your order.
Why invest in VOOL from India
What VOOL holds
The investment objective of MULTI UNITS LUXEMBOURG - Amundi S&P 500 VIX Futures Enhanced Roll (the Sub-Fund) is to track both the upward and the downward evolution of the S&P 500 VIX Futures Enhanced Roll Index (the Index)
Outside US estate tax
VOOL 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 VOOL's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 VOOL's UCITS structure matters for Indian investors
VOOL 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 VOOL from India?
Yes. Indian residents can buy Amundi S&P 500 VIX Futures Enhanced Roll UCITS ETF (VOOL) through Paasa. It is listed on XETRA and trades in EUR. 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 VOOL invest in?
Amundi S&P 500 VIX Futures Enhanced Roll UCITS ETF holds 33 securities. Its largest holdings are CITIGROUP INC (8.9%), WALMART INC (8.7%) and META PLATFORMS INC-CLASS A (4.6%). Technology is its largest sector at 42.9%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of VOOL?
Amundi S&P 500 VIX Futures Enhanced Roll UCITS ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about €125.1M.
Is VOOL a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi S&P 500 VIX Futures Enhanced Roll 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 VOOL pay dividends?
No. Amundi S&P 500 VIX Futures Enhanced Roll 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 VOOL?
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 EUR/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.