Invesco MSCI Europe ex-UK UCITS ETF
Invesco MSCI Europe ex-UK UCITS ETF (LSE: MXUK) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £40.64 (about ₹5,178 a unit) as of 29 Sep 2026, 9:01 AM ET. It has an expense ratio of 0.2%. Indian residents can buy MXUK through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£40.61
Today's high
£40.73
52 week low
£34.76
52 week high
£42.21
MXUK opened at £40.65, closed previously at £40.44, and has traded between £34.76 and £42.21 over the past 52 weeks.
About
The Invesco MSCI Europe ex-UK UCITS ETF Acc's primary goal is to replicate the net total return performance of its benchmark, the MSCI Europe ex-UK Index (referred to as the 'Reference Index'), with its own fees deducted. This Reference Index serves to gauge the equity market's performance across developed European nations, specifically excluding the United Kingdom. It encompasses a broad spectrum of large and mid-capitalisation companies within these markets, effectively covering about 85% of the publicly traded market value in each nation. To achieve its objective, the fund constructs a portfolio of equities. While these holdings generally generate the bulk of the fund's returns, they are typically distinct from the actual constituents of the Reference Index. The fund also employs unfunded swaps. These financial contracts involve agreements with pre-approved counterparties to exchange with the fund any discrepancy between the returns of the Reference Index and the performance of the underlying equity basket. This strategy is designed to deliver a more precise and consistent alignment with the index's performance than purely investing in the index's physical components would allow. Although the fund's investment objective is to track the standard net total return index, the swaps it employs are benchmarked against an enhanced Withholding Tax version of that index. Consequently, the ETF's performance, prior to the deduction of fees, is expected to outperform the standard net return index. This ETF operates under a passive management strategy. Investing in it constitutes acquiring units in an index-tracking fund, meaning investors gain exposure to the fund's performance rather than direct ownership of its underlying assets.
Key statistics
Expense ratio
0.2%
Assets (AUM)
£61.0M
Holdings
—
NAV
£4,048.36
Avg. volume
—
1-year price change
+15.31%
5-year price change
+55.89%
Price change excludes dividends.
Top 10 holdings
These 10 are 24.5% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy MXUK from India
Indian residents can buy MXUK 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 MXUK and buy
Find the fund by its ticker, MXUK, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in MXUK from India
Trading and taxes when buying MXUK 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 MXUK price today?
Invesco MSCI Europe ex-UK UCITS ETF (MXUK) last traded at £40.64 on the London Stock Exchange ETF segment, as of 29 Sep 2026, 9:01 AM ET. That is ₹5,178 a unit at the 28 Sep 2026 GBP/INR rate.
When does MXUK 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 MXUK, and what does it cost to hold?
Invesco MSCI Europe ex-UK UCITS ETF manages about £61.0M. Its expense ratio is 0.2% a year, deducted inside the fund. It launched in 2017.
Is MXUK a UCITS ETF?
Yes. Invesco MSCI Europe ex-UK 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 MXUK's largest holdings?
The top three are ASML HOLDING ORD (6.2%), ROCHE PS PAR (2.7%) and NOVARTIS N ORD (2.4%). MXUK's 10 largest positions make up 24.5% of the fund.
Is MXUK subject to US estate tax?
No. Because MXUK 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 MXUK?
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 MXUK 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 MXUK performed?
MXUK's price is up 15.3% over the past year and up 55.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MXUK different from a US-listed ETF?
MXUK 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.