Invesco Energy S&P US Select Sector UCITS ETF
Invesco Energy S&P US Select Sector UCITS ETF (LSE: XLEP) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £670.30 (about ₹85,343 a unit) as of 1 Oct 2026, 11:35 AM ET. It has an expense ratio of 0.14%. Indian residents can buy XLEP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£652.70
Today's high
£670.30
52 week low
£434.25
52 week high
£695.30
XLEP opened at £654.00, closed previously at £661.90, and has traded between £434.25 and £695.30 over the past 52 weeks.
About
The Invesco Energy S&P US Select Sector UCITS ETF Acc endeavors to replicate the net total return performance of its designated benchmark, the S&P Select Sector Capped 20% Energy Index (referred to as the "Reference Index"), after accounting for its operational fees. This Reference Index specifically targets the energy sector constituents of the broader S&P 500 Index. Companies within the index are weighted by their float-adjusted market capitalization, with an individual holding limited to a 19% cap; any excess weight is then distributed proportionally among the remaining uncapped securities. To meet its objective, the fund primarily invests in a diversified portfolio of equities, which typically generates the bulk of its returns, though these holdings may not precisely mirror the Reference Index's composition. Additionally, the fund employs unfunded swap agreements. These contracts involve approved counterparties exchanging with the fund any difference in returns between the Reference Index and the fund's underlying equity basket. This dual strategy aims for a more accurate and consistent tracking of the Reference Index's performance than would be possible through physical asset replication alone. Significantly, the swaps reference an optimized Withholding Tax (WHT) version of the index. As a result, the ETF's performance before fees is expected to surpass that of a standard net return index. This ETF is passively managed, meaning an investment signifies the acquisition of units in an index-tracking fund, rather than direct ownership of the underlying securities.
Key statistics
Expense ratio
0.14%
Assets (AUM)
£107.9M
Holdings
—
NAV
£66,961.72
Avg. volume
—
1-year price change
+46.08%
5-year price change
+178.89%
Price change excludes dividends.
Top 10 holdings
These 10 are 77.1% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy XLEP from India
Indian residents can buy XLEP 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 XLEP and buy
Find the fund by its ticker, XLEP, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in XLEP from India
Trading and taxes when buying XLEP 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 XLEP price today?
Invesco Energy S&P US Select Sector UCITS ETF (XLEP) last traded at £670.30 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 11:35 AM ET. That is ₹85,343 a unit at the 30 Sep 2026 GBP/INR rate.
When does XLEP 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 XLEP, and what does it cost to hold?
Invesco Energy S&P US Select Sector UCITS ETF manages about £107.9M. Its expense ratio is 0.14% a year, deducted inside the fund. It launched in 2009.
Is XLEP a UCITS ETF?
Yes. Invesco Energy 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 XLEP's largest holdings?
The top three are CHEVRON ORD (18.8%), EXXONMOBIL HOLDINGS ORD (18.8%) and CONOCOPHILLIPS ORD (8.0%). XLEP's 10 largest positions make up 77.1% of the fund.
Is XLEP subject to US estate tax?
No. Because XLEP 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 XLEP?
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 XLEP 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 XLEP performed?
XLEP's price is up 46.1% over the past year and up 178.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is XLEP different from a US-listed ETF?
XLEP 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.