Invesco MSCI Europe UCITS ETF
Invesco MSCI Europe UCITS ETF (LSE: MXEU) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £371.95 (about ₹47,357 a unit) as of 1 Oct 2026, 10:40 AM ET. It has an expense ratio of 0.19%. Indian residents can buy MXEU through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£371.95
Today's high
£371.95
52 week low
£318.10
52 week high
£391.55
MXEU opened at £371.95, closed previously at £376.90, and has traded between £318.10 and £391.55 over the past 52 weeks.
About
The Invesco MSCI Europe UCITS ETF Acc aims to mirror the total net return performance of the MSCI Europe Index, accounting for its own charges. This benchmark tracks the equity market performance of established European nations, encompassing major and medium-sized companies. It represents roughly 85% of the market capitalization, adjusted for free float, within each country. To achieve its goal, the fund typically invests in a portfolio of stocks. While this portfolio generates most of the fund's returns, it usually differs from the actual index components. Additionally, the fund utilizes unfunded swap agreements with approved financial institutions. These contracts enable the exchange of any performance difference between the underlying stock basket and the reference index. This hybrid approach seeks to deliver a more precise and consistent alignment with the index's performance than purely physical replication would typically allow. Crucially, although the fund's investment objective is to replicate the standard net total return index, the swaps refer to an enhanced Withholding Tax version of the index. Consequently, the ETF's performance, prior to fees, is expected to surpass that of the standard net return index. To help cover some operational expenses, the Manager might receive an annual contribution of up to 0.060% of the swap's notional value from the active swap counterparties. This contribution does not affect the Fund's net asset value and does not impose any extra cost on investors. This ETF is managed passively. Investing in this fund means acquiring units in a passively managed, index-tracking vehicle, rather than directly owning the underlying assets held by the fund.
Key statistics
Expense ratio
0.19%
Assets (AUM)
£47.3M
Holdings
—
NAV
£37,689.07
Avg. volume
—
1-year price change
+11.77%
5-year price change
+60.41%
Price change excludes dividends.
Top 10 holdings
These 10 are 21.2% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy MXEU from India
Indian residents can buy MXEU 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 GBP when you buy.
Search MXEU and buy
Find the fund by its ticker, MXEU, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in MXEU from India
Trading and taxes when buying MXEU from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- 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
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the MXEU price today?
Invesco MSCI Europe UCITS ETF (MXEU) last traded at £371.95 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 10:40 AM ET. That is ₹47,357 a unit at the 30 Sep 2026 GBP/INR rate.
When does MXEU trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is MXEU, and what does it cost to hold?
Invesco MSCI Europe UCITS ETF manages about £47.3M. Its expense ratio is 0.19% a year, deducted inside the fund. It launched in 2009.
Is MXEU a UCITS ETF?
Yes. Invesco MSCI Europe UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in GBP.
What are MXEU's largest holdings?
The top three are ASML HOLDING ORD (5.0%), HSBC HOLDINGS ORD (2.4%) and ROCHE PS PAR (2.1%). MXEU's 10 largest positions make up 21.2% of the fund.
Is MXEU subject to US estate tax?
No. Because MXEU is domiciled in Ireland 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.
How are US dividends taxed inside MXEU?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on MXEU taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has MXEU performed?
MXEU's price is up 11.8% over the past year and up 60.4% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MXEU different from a US-listed ETF?
MXEU is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.