XETRA · UCITS ETF
Invest in X014 ETF from India
Indian and foreign residents can buy Amundi MSCI Pacific ESG Broad Transition UCITS ETF (X014) units directly through Paasa.
By Paasa · Updated
X014 at a glance
- Price
- €82.59+€0.99 (1.21%)
- Expense ratio
- 0.45%
- Day range
- €82.59 – €82.59
- Assets
- €182.1M
- Domicile
- Luxembourg
- Holdings
- 256
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- +2.20%
- 6 months
- +19.85%
- YTD
- +20.98%
- 1 year
- +22.21%
- 5 years
- +35.55%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GROUP3.6%
- 2TOYOTA MOTOR CORP2.6%
- 3COMMONWEALTH BANK OF AUSTRALIA2.4%
- 4SUMITOMO MITSUI FINANCIAL GROUP2.3%
- 5ADVANTEST CORP Y502.1%
- 6TOKYO ELECTRON JPY502.1%
- 7SONY GROUP CORP (JT)2.1%
- 8SOFTBANK GROUP CORP1.9%
- 9MIZUHO FINANCIAL GROUP INC1.9%
- 10HITACHI LTD1.8%
X014 holds 256 securities in total. These 10 are 22.9% of the fund.
Where the money is invested
Sectors
- Financial Services29.2%
- Technology17.2%
- Industrials16.6%
- Consumer Cyclical7.6%
- Communication Services7.2%
- Real Estate7.1%
Countries
- Japan70.4%
- Australia17.2%
- Hong Kong5.9%
- Singapore4.8%
- New Zealand1.1%
- China0.3%
How to invest in X014 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 X014 and buy
Find the fund by its ticker, X014, on XETRA, and place your order.
Why invest in X014 from India
What X014 holds
The Amundi MSCI Pacific ESG Broad Transition UCITS ETF Dist is designed to precisely mirror the performance of the MSCI Pacific ESG Broad CTB Select Index (referred to as 'the Index'), irrespective of market upward or downward movements. A key objective is to minimize any divergence, known as 'tracking error', between the Sub-Fund's net asset value and the Index's returns.
Outside US estate tax
X014 is domiciled in Luxembourg, 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 X014's UCITS structure matters for Indian investors
X014 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 X014 from India?
Yes. Indian residents can buy Amundi MSCI Pacific ESG Broad Transition UCITS ETF (X014) 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 X014 invest in?
Amundi MSCI Pacific ESG Broad Transition UCITS ETF holds 256 securities. Its largest holdings are MITSUBISHI UFJ FINANCIAL GROUP (3.6%), TOYOTA MOTOR CORP (2.6%) and COMMONWEALTH BANK OF AUSTRALIA (2.4%). Financial Services is its largest sector at 29.2%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of X014?
Amundi MSCI Pacific ESG Broad Transition 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 €182.1M.
Is X014 a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI Pacific ESG Broad Transition 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.
How are X014 dividends taxed in India?
Amundi MSCI Pacific ESG Broad Transition UCITS ETF 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 X014?
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.