XETRA · UCITS ETF
Invest in WEBA ETF from India
Indian and foreign residents can buy Amundi US Tech 100 Equal Weight UCITS ETF DR (WEBA) units directly through Paasa.
By Paasa · Updated
WEBA at a glance
- Price
- €16.30+€0.06 (0.37%)
- Expense ratio
- 0.07%
- Day range
- €16.28 – €16.36
- Assets
- €47.6M
- Domicile
- Ireland
- Holdings
- 102
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- +1.32%
- 6 months
- +23.13%
- YTD
- +21.66%
- 1 year
- +24.44%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1CASH11.2%
- 2STRATEGY INCMSTR1.6%
- 3PALANTIR TECHNOLOGIES INC-APLTR1.3%
- 4CROWDSTRIKE HOLDINGS INC - ACRWD1.2%
- 5LUMENTUM HOLDINGS INCLITE1.2%
- 6MICROSOFT CORPMSFT1.2%
- 7META PLATFORMS INC-CLASS AMETA1.1%
- 8PALO ALTO NETWORKS INCPANW1.1%
- 9REGENERON PHARMACEUTICALSREGN1.1%
- 10ADVANCED MICRO DEVICESAMD1.1%
WEBA holds 102 securities in total. These 10 are 22.0% of the fund.
Where the money is invested
Sectors
- Technology43.8%
- Consumer Cyclical12.1%
- Industrials9.4%
- Healthcare9.2%
- Communication Services8.8%
- Consumer Defensive8.8%
Countries
- United States78.9%
- Other14.6%
- Netherlands1.6%
- United Kingdom1.6%
- Singapore0.9%
- Uruguay0.9%
How to invest in WEBA 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 WEBA and buy
Find the fund by its ticker, WEBA, on XETRA, and place your order.
Why invest in WEBA from India
What WEBA holds
The AMUNDI US TECH 100 EQUAL WEIGHT UCITS ETF DR – USD is designed to closely mirror the investment performance of the Solactive United States Technology 100 Equal Weight Index NTR (a Net Total Return Index), whether the market is rising or falling. This benchmark index tracks the returns of the hundred largest corporations listed on the NASDAQ Stock Exchange, with each component assigned an identical weighting.
Outside US estate tax
WEBA is domiciled in Ireland, 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 WEBA's UCITS structure matters for Indian investors
WEBA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy WEBA from India?
Yes. Indian residents can buy Amundi US Tech 100 Equal Weight UCITS ETF DR (WEBA) 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 WEBA invest in?
Amundi US Tech 100 Equal Weight UCITS ETF DR holds 102 securities. Its largest holdings are CASH (11.2%), STRATEGY INC (1.6%) and PALANTIR TECHNOLOGIES INC-A (1.3%). Technology is its largest sector at 43.8%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of WEBA?
Amundi US Tech 100 Equal Weight UCITS ETF DR has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about €47.6M.
Is WEBA a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi US Tech 100 Equal Weight UCITS ETF DR is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are WEBA dividends taxed in India?
Amundi US Tech 100 Equal Weight UCITS ETF DR is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell WEBA?
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.