Amundi MSCI India Swap UCITS ETF EUR Acc

What this fund is

Amundi MSCI India Swap UCITS ETF EUR Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker LYINC (ISIN FR0010361683). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the MSCI Emerging Markets India Net TR (USD) index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include HDFC BANK LIMITED, RELIANCE INDUSTRIES LIMITED and ICICI BANK LTD. Geographically it leans ~100% India.

Its heaviest sectors are ~31.1% Financials and ~12.1% Consumer Discretionary. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.85% a year — about €85 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in France and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR.

Its price has swung about 19% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2019. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Amundi.)