Xtrackers II GBP Overnight Rate Swap UCITS ETF 1D
Xtrackers II Overnight Rate Swap UCITS ETF (XETRA: DXS1) is an exchange-traded fund listed on XETRA, trading at €210.91 (about ₹22,970 a unit) as of 30 Sep 2026, 3:05 AM ET. It has an expense ratio of 0.1%. Indian residents can buy DXS1 through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€210.91
Today's high
€210.91
52 week low
€181.21
52 week high
€215.43
DXS1 opened at €210.91, closed previously at €210.45, and has traded between €181.21 and €215.43 over the past 52 weeks.
About
This ETF is designed to replicate the performance of the Solactive SONIA Daily Index (GTR, GBP), which in turn tracks a deposit account that is refreshed daily and generates returns based on the SONIA rate. The SONIA rate is recognized as the primary short-term money market benchmark for the United Kingdom. Specifically, the Sterling Overnight Index Average (SONIA) represents the volume-weighted average interest rate of all unsecured sterling overnight cash transactions. These transactions are arranged in London by WMBA member firms, involve all types of counterparties, and have a minimum value of £25 million. Comprehensive information regarding the Index and the calculation methodology for the SONIA rate can be found at https://www.solactive.com and https://www.bankofengland.co.uk/ respectively.
Key statistics
Expense ratio
0.1%
Assets (AUM)
€227.1M
Holdings
—
NAV
€210.36
Avg. volume
—
1-year price change
+1.93%
5-year price change
-0.07%
Price change excludes dividends.
Top 10 holdings
These 10 are 88.4% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy DXS1 from India
Indian residents can buy DXS1 units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to EUR when you buy.
Search DXS1 and buy
Find the fund by its ticker, DXS1, on XETRA, and place your order.
Read the full guide: how to invest in DXS1 from India
Trading and taxes when buying DXS1 from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the DXS1 price today?
Xtrackers II Overnight Rate Swap UCITS ETF (DXS1) last traded at €210.91 on XETRA, as of 30 Sep 2026, 3:05 AM ET. That is ₹22,970 a unit at the 29 Sep 2026 EUR/INR rate.
When does DXS1 trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is DXS1, and what does it cost to hold?
Xtrackers II Overnight Rate Swap UCITS ETF manages about €227.1M. Its expense ratio is 0.1% a year, deducted inside the fund. It launched in 2007.
Is DXS1 a UCITS ETF?
Yes. Xtrackers II Overnight Rate Swap UCITS ETF is a UCITS fund domiciled in Luxembourg, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on XETRA and trades in EUR.
What are DXS1's largest holdings?
The top three are UK I/L GILT (20.6%), UNITED KINGDOM OF GREAT BRITAIN AN (12.9%) and UNITED KINGDOM OF GREAT BRITAIN AN (12.5%). DXS1's 10 largest positions make up 88.4% of the fund.
Is DXS1 subject to US estate tax?
No. Because DXS1 is domiciled in Luxembourg rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is DXS1 accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on DXS1 taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has DXS1 performed?
DXS1's price is up 1.9% over the past year and down 0.1% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is DXS1 different from a US-listed ETF?
DXS1 is domiciled in Luxembourg rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.