Invesco Communications S&P US Select Sector UCITS ETF
Invesco Communications S&P US Select Sector UCITS ETF (LSE: XLCP) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £72.31 (about ₹9,206 a unit) as of 1 Oct 2026, 10:11 AM ET. It has an expense ratio of 0.14%. Indian residents can buy XLCP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£72.31
Today's high
£73.28
52 week low
£67.73
52 week high
£99.46
XLCP opened at £73.28, closed previously at £73.33, and has traded between £67.73 and £99.46 over the past 52 weeks.
About
The Invesco Communications S&P US Select Sector UCITS ETF Acc endeavors to replicate the net total return performance of its benchmark, the S&P Select Sector Capped 20% Communications Index, after deducting all fees. This benchmark specifically measures the performance of companies within the communication services sector of the S&P 500 Index. Constituents are weighted based on their float-adjusted market capitalization, with each component capped at 19%, and any excess weight redistributed across other uncapped holdings. To meet its investment goal, the fund typically holds a diversified basket of equities that are expected to generate most of its returns, though these assets usually differ from those directly comprising the Reference Index. Furthermore, the ETF utilizes unfunded swaps with approved counterparties. These agreements are designed to exchange the difference between the returns generated by the fund's equity holdings and the Reference Index, thereby aiming for a closer and more consistent performance match than physical replication alone could provide. It is important to note that while the fund's primary objective is to mirror the net total return index, the swaps employed reference a version of the index optimized for withholding tax. As a result, the ETF's performance before the deduction of fees is likely to outperform the standard net return index. This ETF is passively managed, meaning an investment constitutes the acquisition of units in an index-tracking fund, not direct ownership of the underlying assets.
Key statistics
Expense ratio
0.14%
Assets (AUM)
£115.2M
Holdings
—
NAV
£7,230.08
Avg. volume
—
1-year price change
-3.38%
5-year price change
+42.54%
Price change excludes dividends.
Top 10 holdings
These 10 are 87.8% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy XLCP from India
Indian residents can buy XLCP 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 XLCP and buy
Find the fund by its ticker, XLCP, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in XLCP from India
Trading and taxes when buying XLCP 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 XLCP price today?
Invesco Communications S&P US Select Sector UCITS ETF (XLCP) last traded at £72.31 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 10:11 AM ET. That is ₹9,206 a unit at the 1 Oct 2026 GBP/INR rate.
When does XLCP 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 XLCP, and what does it cost to hold?
Invesco Communications S&P US Select Sector UCITS ETF manages about £115.2M. Its expense ratio is 0.14% a year, deducted inside the fund. It launched in 2018.
Is XLCP a UCITS ETF?
Yes. Invesco Communications S&P US Select Sector 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 XLCP's largest holdings?
The top three are META PLATFORMS CL A ORD (18.4%), NETFLIX ORD (14.6%) and ALPHABET CL A ORD (9.9%). XLCP's 10 largest positions make up 87.8% of the fund.
Is XLCP subject to US estate tax?
No. Because XLCP 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 XLCP?
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 XLCP 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 XLCP performed?
XLCP's price is down 3.4% over the past year and up 42.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is XLCP different from a US-listed ETF?
XLCP 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.