Amundi MSCI India Swap II UCITS ETF EUR Acc

What this fund is

Amundi MSCI India Swap II UCITS ETF EUR Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker CI2E (ISIN LU1681043086). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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. By geography it is weighted towards ~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 0.8% a year — about €80 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR.

Its price has swung about 16.9% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2018. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Amundi.)