Xtrackers II Global Government Bond UCITS ETF 2D GBP Hedged
Xtrackers II Global Government Bond UCITS ETF (LSE: XGSG) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £22.92 (about ₹2,912 a unit) as of 29 Sep 2026, 11:35 AM ET. It has an expense ratio of 0.25%. Indian residents can buy XGSG through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£22.84
Today's high
£23.07
52 week low
£22.84
52 week high
£24.64
XGSG opened at £22.94, closed previously at £22.93, and has traded between £22.84 and £24.64 over the past 52 weeks.
About
This ETF aims to track the performance of the FTSE World Government Bond Index - Developed Markets, presented in Euro terms. It focuses on fixed-income securities issued by governments of developed nations. The investment strategy provides coverage across the entire yield curve, including bonds with a minimum of one year remaining until maturity, and is exclusively comprised of investment-grade bonds. Further details regarding the index and the methodology employed by FTSE Russell can be found on their official website (https://www.yieldbook.com/).
Key statistics
Expense ratio
0.25%
Assets (AUM)
£1.8B
Holdings
—
NAV
£2,300.00
Avg. volume
—
1-year price change
-4.83%
5-year price change
-18.13%
Price change excludes dividends.
Top 10 holdings
These 10 are 3.8% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy XGSG from India
Indian residents can buy XGSG 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 XGSG and buy
Find the fund by its ticker, XGSG, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in XGSG from India
Trading and taxes when buying XGSG 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
- 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 XGSG price today?
Xtrackers II Global Government Bond UCITS ETF (XGSG) last traded at £22.92 on the London Stock Exchange ETF segment, as of 29 Sep 2026, 11:35 AM ET. That is ₹2,912 a unit at the 29 Sep 2026 GBP/INR rate.
When does XGSG 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 XGSG, and what does it cost to hold?
Xtrackers II Global Government Bond UCITS ETF manages about £1.8B. Its expense ratio is 0.25% a year, deducted inside the fund. It launched in 2008.
Is XGSG a UCITS ETF?
Yes. Xtrackers II Global Government Bond 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 the London Stock Exchange ETF segment and trades in GBP.
What are XGSG's largest holdings?
The top three are TREASURY NOTE (0.4%), TREASURY NOTE (0.4%) and TREASURY NOTE (0.4%). XGSG's 10 largest positions make up 3.8% of the fund.
Is XGSG subject to US estate tax?
No. Because XGSG 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 XGSG accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on XGSG 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 XGSG performed?
XGSG's price is down 4.8% over the past year and down 18.1% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is XGSG different from a US-listed ETF?
XGSG 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.