Amundi MSCI India Swap UCITS ETF USD Acc (LYINC)

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https://www.iairgroup.com

Amundi MSCI India Swap UCITS ETF USD Acc is a synthetic exchange-traded fund (ETF) designed to track the performance of the MSCI India Net Total Return Index, which captures approximately 85% of India's total market capitalization through leading large- and mid-cap stocks. This UCITS-compliant fund employs a swap-based replication method to provide transparent, liquid, and cost-efficient exposure to the Indian equity market, with a total expense ratio of 0.85% and assets under management exceeding 1.6 billion USD. Denominated in USD and accumulating dividends, it reinvests income to compound returns without distributions. Key holdings in the benchmark include prominent firms like HDFC Bank, Reliance Industries, and ICICI Bank, spanning dominant sectors such as financials (nearly 30%), consumer discretionary, industrials, and information technology. Fully allocated to India geographically, the ETF offers investors a focused gateway to this emerging Asian market powerhouse, reflecting its economic growth drivers in finance, technology, and consumer sectors. Launched under French law with a first NAV in 2006, it maintains tight tracking with low error rates, positioning it as a key vehicle for diversified emerging market strategies.