ETF · Amundi
INRL Amundi MSCI India Swap UCITS ETF Act -USD Acc-
ISIN FR0010375766London Stock Exchange: INRLSAS Rue la Boétie
- Emerging markets
- ETF
- ISA
- SIPP
- Accumulating
Latest close
LSE£23.03
on
- Ongoing charge
- 0.85% a year
- Fund size
- £128m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, INRL (Amundi MSCI India Swap UCITS ETF Act -USD Acc-, ISIN FR0010375766) closed at £23.03 on the London Stock Exchange. Its ongoing charge is 0.85% a year (about £85 on £10,000). Over the five years to 13/11/2026 its total return was +11.4%, or −13.0% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −7.1%
- −10.4% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +10.7%
- 0.0% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +11.4%
- −13.0% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,114 on 13/11/2026 — about £870 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Amundi MSCI India Swap UCITS ETF Act -USD Acc- in pounds (price, with income reinvested in the fund): 2022 +1.5%, 2023 +12.6%, 2024 +13.9%, 2025 −7.2%; 2026 to 13/11/2026 −5.5%. Returns of Amundi MSCI India Swap UCITS ETF Act -USD Acc- in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −12.0%; to 30/09/2025: −15.2%; to 30/09/2024: +28.1%; to 30/09/2023: −0.6%; to 30/09/2022: +7.5%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −5.5% | −8.5% | |
| to | −7.2% | −10.4% | |
| to | +13.9% | +10.0% | |
| +12.6% | +8.1% | ||
| +1.5% | −7.1% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −12.0% | −15.2% |
| from | −15.2% | −18.5% |
| from | +28.1% | +24.9% |
| from | −0.6% | −6.5% |
| from | +7.5% | −1.2% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
15.9%over 5 years
| 1 year | 18.9% |
|---|---|
| 3 years | 16.1% |
| 5 years | 15.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −26.4%
- From to
- Lowest 12-month return
- −17.9%
- 12 months to
- Highest 12-month return
- +34.5%
- 12 months to
- Below its highest weekly close since November 2021
- 16.5%
- High of , latest
In words: Volatility of Amundi MSCI India Swap UCITS ETF Act -USD Acc- in pounds, annualised from weekly returns to 13/11/2026: 18.9% over 1 year, 16.1% over 3 years, 15.9% over 5 years. Largest fall in the price of Amundi MSCI India Swap UCITS ETF Act -USD Acc- since November 2021, in pounds: −26.4% from 27/09/2024 to 27/03/2026. The lowest 12-month return of Amundi MSCI India Swap UCITS ETF Act -USD Acc- in pounds (price, with income reinvested in the fund) since January 2021 was −17.9% (12 months to 23/10/2026); the highest was +34.5% (12 months to 12/07/2024). On 13/11/2026 the price of Amundi MSCI India Swap UCITS ETF Act -USD Acc- was 16.5% below its highest weekly close since November 2021 (27/09/2024), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.85%
- a year
- On £10,000
- £85
- a year, roughly
- Over five years
- £418
- of £10,000, before growth
- 147 charge less
- 2 the same
- 2 charge more
Ongoing charge of Amundi MSCI India Swap UCITS ETF Act -USD Acc- 0.85% a year. Compared on 14/11/2026, 2 of the 151 other emerging-market share funds charge more, 2 the same and 147 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Amundi MSCI India Swap UCITS ETF Act -USD Acc- is an exchange-traded fund (ETF) from Amundi, launched in 2006.
It tracks the MSCI India.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.85% a year — about £85 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Emerging markets: Companies in faster-growing but less mature economies such as China, India, Taiwan and Brazil. Prices tend to move more.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- INRL
- ISIN
- FR0010375766
- Also listed as
- INRU (London Stock Exchange, US dollars)
- Provider
- Amundi
- Tracks
- MSCI India
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 0.85% a year · about £85 on £10,000
- Fund size
- £128m
- Launched
- Domicile
- France
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Emerging markets
Price chart
Over the last year, the closing price went from £24.99 on 14/11/2025 to £23.03 on 13/11/2026 (−7.8%). The lowest close shown was £20.31 on 27/03/2026 and the highest £24.99 on 14/11/2025.
One close a week. Before 30/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded.
As of , at least 15 min delayed
Five years of prices, and after inflation
259 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 49
- 65 reported in all
- Ten largest
- 54.6%
- of the whole fund
- Effective number of holdings
- 24
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 8.3%
- UnitedHealth Group
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | UnitedHealth GroupUNHHealth CareUnited States | 8.33% |
| 2 | AmazonAMZNConsumer DiscretionaryUnited States | 7.96% |
| 3 | Morgan StanleyMSFinancialsUnited States | 6.63% |
| 4 | Costco WholesaleCOSTConsumer StaplesUnited States | 6.60% |
| 5 | CVS HealthCVSHealth CareUnited States | 4.66% |
| 6 | Lam ResearchLRCXInformation TechnologyUnited States | 4.34% |
| 7 | Procter & GamblePGConsumer StaplesUnited States | 4.27% |
| 8 | AbbVieABBVHealth CareUnited States | 4.04% |
| 9 | BroadcomAVGOInformation TechnologyUnited States | 3.90% |
| 10 | Cigna GroupCIHealth CareUnited States | 3.89% |
As of , holdings as published
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 49 largest and what changed since .
All holdings
The fund publishes 65 holdings; the ten largest make up 54.6% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Sector split
As a share of the whole fund. 98.5% of it is classified by sector; bonds, cash and positions that cannot be matched are left out rather than guessed.
- Electronic Technology25.8%
- Retail Trade19.9%
- Health Services12.2%
- Technology Services11.2%
- Finance8.2%
- Consumer Non-Durables7.4%
- Producer Manufacturing5.0%
- Health Technology4.9%
- Other classified sectors3.9%
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
5 funds track MSCI India, this one included and share classes counted once; their ongoing charges range from 0.15% to 0.85% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Amundi Index Solutions - Amundi MSCI India Swap II UCITS ETF USD AccAccumulating · 0.80% a year | 0.80% | −6.1% | +9.1% | +11.6% |
| Amundi MSCI India Swap UCITS ETF Act -USD Acc-This fundAccumulating · 0.85% a year | 0.85% | −7.1% | +10.7% | +11.4% |
| iShares MSCI India UCITS ETFAccumulating · 0.65% a year | 0.65% | −6.6% | +11.6% | +15.4% |
| UBS MSCI INDIA SF UCITS ETF Accum USDAccumulating · 0.15% a year | 0.15% | −3.8% | Not reported | Not reported |
| Xtrackers MSCI INDIA SWAP UCITS ETF Capitalisation 1CAccumulating · 0.19% a year | 0.19% | −6.3% | +10.1% | +12.6% |
As of
MSCI India funds compared: charges, sizes and share classes
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 251 rolling 12-month returns since January 2021, and of 147 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Rank among similar funds
Rank by total return over 1, 3 and 5 years among up to 142 emerging-market share funds, not currency-hedged, highest first.
ProMoves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core MSCI EM IMI UCITS ETF, over the three years to 13/11/2026 (152 weeks).
Pro
Pro — currently by invitation
Pro includes the rank among similar funds and moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of INRL?
The ongoing charge of INRL is 0.85% a year — about £85 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Amundi MSCI India Swap UCITS ETF Act -USD Acc- 0.85% a year. Compared on 14/11/2026, 2 of the 151 other emerging-market share funds charge more, 2 the same and 147 less (share classes counted once).
What does INRL track?
INRL tracks the MSCI India.
Is INRL accumulating or distributing?
INRL is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
What is the ISIN of INRL?
The ISIN of INRL is FR0010375766. An ISIN identifies one exact share class of a fund; INRL is its ticker on the London Stock Exchange. The same share class is also listed as INRU (London Stock Exchange, US dollars).
What does INRL hold?
INRL is a swap-based (synthetic) fund: it gets the return of the index it tracks through a swap. Its published holdings, as of 11/11/2026, are the substitute basket of securities the fund holds as collateral, not the companies in that index.
What were INRL’s returns in each of the last five years?
Calendar-year returns of INRL in pounds (price, with income reinvested in the fund): 2022 +1.5%, 2023 +12.6%, 2024 +13.9%, 2025 −7.2%; 2026 to 13/11/2026 −5.5%. Past performance is not a guide to future returns.
How has INRL done after inflation?
Over the five years to 13/11/2026 INRL’s total return was +11.4%, or −13.0% after UK CPIH inflation. Past performance is not a guide to future returns.
Similar funds
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- XMMSXtrackers MSCI Emerging Markets UCITS ETF0.18% a year · £9.9bn
- SEMAiShares MSCI EM UCITS ETF USD (Acc)0.18% a year · £7.6bn
- IEEMiShares MSCI EM UCITS ETF USD (Dist)0.18% a year · £7.0bn
- EDG2iShares MSCI EM CTB Enhanced ESG UCITS ETF0.23% a year · £6.0bn
- CEA1iShares MSCI EM Asia UCITS ETF0.20% a year · £5.8bn
- E127Multi Units LU - Amundi MSCI Emerging Markets II0.14% a year · £4.5bn
- LEMAMulti Units LU - Amundi MSCI Emerging Markets II Acc0.14% a year · £4.4bn
Fund documents and methods
- Fund documents
- Fund page at Amundi (links checked )
Methodology:ReturnsCategoriesAll methods
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