UBS Sustainable Development Bank Bonds UCITS ETF hEUR acc
UBS Sustainable Development Bank Bonds UCITS ETF hEUR (XETRA: MDBE) is an exchange-traded fund listed on XETRA, trading at €9.91 (about ₹1,083 a unit) as of 28 Sep 2026, 11:36 AM ET. It has an expense ratio of 0.18% and holds 101 securities. Indian residents can buy MDBE through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€9.91
Today's high
€9.95
52 week low
€9.91
52 week high
€10.31
MDBE opened at €9.94, closed previously at €9.92, and has traded between €9.91 and €10.31 over the past 52 weeks.
About
This ETF primarily allocates its assets to track the performance of the Solactive Global Multilateral Development Bank Bond USD 25% Issuer Capped hedged to EUR Total Return Index. Its portfolio composition mirrors the proportional representation of the underlying securities within that index. The core aim of this investment vehicle is to mirror both the price movements and the overall returns generated by the benchmark. Investors should note that the fund's trading price on exchanges may diverge from its net asset value (NAV). This fund employs a passive management approach.
Key statistics
Expense ratio
0.18%
Assets (AUM)
€1.6B
Holdings
101
NAV
€9.91
Avg. volume
—
1-year price change
-2.19%
5-year price change
-6.70%
Price change excludes dividends.
Top 10 holdings
MDBE holds 101 securities in total. These 10 are 24.2% of the fund.
Where the money is invested
Countries
How to buy MDBE from India
Indian residents can buy MDBE 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 MDBE and buy
Find the fund by its ticker, MDBE, on XETRA, and place your order.
Read the full guide: how to invest in MDBE from India
Trading and taxes when buying MDBE 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
- ReinvestedDividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the MDBE price today?
UBS Sustainable Development Bank Bonds UCITS ETF hEUR (MDBE) last traded at €9.91 on XETRA, as of 28 Sep 2026, 11:36 AM ET. That is ₹1,083 a unit at the 27 Sep 2026 EUR/INR rate.
When does MDBE 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 MDBE, and what does it cost to hold?
UBS Sustainable Development Bank Bonds UCITS ETF hEUR manages about €1.6B. Its expense ratio is 0.18% a year, deducted inside the fund. It launched in 2019.
Is MDBE a UCITS ETF?
Yes. UBS Sustainable Development Bank Bonds UCITS ETF hEUR 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 MDBE's largest holdings?
The top three are EBRD 4 1/8 01/25/29 (3.6%), EBRD 4 3/8 03/09/28 (3.5%) and IADB 4 1/2 02/15/30 (2.3%). MDBE's 10 largest positions make up 24.2% of the fund.
Is MDBE subject to US estate tax?
No. Because MDBE 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 MDBE accumulating or distributing?
Accumulating. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
How are gains on MDBE 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 MDBE performed?
MDBE's price is down 2.2% over the past year and down 6.7% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MDBE different from a US-listed ETF?
MDBE 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.