XETRA · UCITS ETF
Invest in WEBN ETF from India
Indian and foreign residents can buy Amundi Prime All Country World UCITS ETF (WEBN) units directly through Paasa.
By Paasa · Updated
WEBN at a glance
- Price
- €13.29+€0.07 (0.53%)
- Expense ratio
- 0%
- Day range
- €13.21 – €13.29
- Assets
- €8.7B
- Domicile
- Ireland
- Holdings
- 3,291
- Launched
- 2024
- Dividends
- Accumulating
- 1 month
- +1.84%
- 6 months
- +12.72%
- YTD
- +18.24%
- 1 year
- +18.13%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP4.9%
- 2APPLE INC4.8%
- 3MICROSOFT CORP3.8%
- 4AMAZON.COM INC2.3%
- 5ALPHABET INC CL A1.8%
- 6TAIWAN SEMICONDUCTOR MANUFAC1.7%
- 7ALPHABET INC CL C1.6%
- 8BROADCOM INC1.5%
- 9META PLATFORMS INC-CLASS A1.4%
- 10TESLA INC1.2%
WEBN holds 3,291 securities in total. These 10 are 25.0% of the fund.
Where the money is invested
Sectors
- Technology31.9%
- Financial Services16.4%
- Industrials9.7%
- Healthcare9.0%
- Consumer Cyclical8.5%
- Communication Services7.9%
Countries
- United States61.0%
- Japan5.7%
- Taiwan (Province of China)3.3%
- United Kingdom3.2%
- Canada3.0%
- Switzerland2.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IQAXLSEInvesco All Country World Enhanced Equity UCITS ETF | 0.24% | 64.4M |
Assets are shown in each fund's own reporting currency.
How to invest in WEBN 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 WEBN and buy
Find the fund by its ticker, WEBN, on XETRA, and place your order.
Why invest in WEBN from India
What WEBN holds
The objective of the Sub-Fund is to track the performance of the Solactive GBS Global Markets Large & Mid Cap Index (the Index).
Outside US estate tax
WEBN is domiciled in Ireland, 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 WEBN'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 WEBN's UCITS structure matters for Indian investors
WEBN 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 WEBN from India?
Yes. Indian residents can buy Amundi Prime All Country World UCITS ETF (WEBN) 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 WEBN invest in?
Amundi Prime All Country World UCITS ETF holds 3,291 securities. Its largest holdings are NVIDIA CORP (4.9%), APPLE INC (4.8%) and MICROSOFT CORP (3.8%). Technology is its largest sector at 31.9%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of WEBN?
Amundi Prime All Country World UCITS ETF has an expense ratio of 0% a year, taken from the fund's assets rather than billed to you. The fund manages about €8.7B.
Is WEBN a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Prime All Country World UCITS ETF 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.
Does WEBN pay dividends?
No. Amundi Prime All Country World 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 WEBN?
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.