Amundi MSCI India Swap II UCITS ETF USD Acc is an exchange-traded fund that seeks to replicate the performance of the MSCI India Index, which tracks leading large-cap and mid-cap stocks listed in India. This ETF employs a synthetic replication strategy through an unfunded swap, allowing it to mirror the index's returns without directly holding the underlying securities. As an accumulating fund denominated in USD, it reinvests dividends back into the ETF rather than distributing them, which supports compounded growth within the fund. Unhedged against currency risk, it provides exposure to Indian equities in their local currency terms converted to USD. Domiciled in Luxembourg and launched in 2010, the ETF focuses exclusively on the equity market of India, offering investors a straightforward vehicle for targeted access to one of the world's fastest-growing emerging economies. It serves as a key tool in diversified portfolios seeking India-specific equity representation.