Invesco Financials S&P US Select Sector UCITS ETF
Invesco Financials S&P US Select Sector UCITS ETF (LSE: XLFS) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $431.00 (about ₹41,385 a unit) as of 25 Sep 2026, 11:21 AM ET. It has an expense ratio of 0.14%. Indian residents can buy XLFS through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$430.30
Today's high
$432.15
52 week low
$375.75
52 week high
$460.60
XLFS opened at $430.30, closed previously at $428.95, and has traded between $375.75 and $460.60 over the past 52 weeks.
About
The Invesco Financials S&P US Select Sector UCITS ETF Acc seeks to replicate the net total return performance of the S&P Select Sector Capped 20% Financials Index, after deducting all associated fees. This benchmark index specifically represents the financial companies contained within the broader S&P 500 Index. Constituents are weighted based on their free-float market capitalization, with a 19% maximum cap on any single holding; any excess weight is then distributed proportionally among the other uncapped constituents. To achieve its objective, the fund typically holds a diversified portfolio of equities, which are responsible for most of its returns but do not usually mirror the exact composition of the Reference Index. Additionally, the fund employs unfunded swaps, which are agreements with approved counterparties. These swaps facilitate the exchange of any performance difference between the fund's equity basket and the Reference Index. This dual strategy of holding physical assets alongside swaps aims for a closer and more consistent performance correlation with the Reference Index than might be possible through direct physical replication alone. It is important to note that while the fund's goal is to track the net total return index, the swaps are designed to reference an enhanced version that incorporates withholding tax benefits. As a result, the ETF's performance before fees is anticipated to exceed that of the standard net return index. This ETF is passively managed, meaning an investment constitutes the purchase of units in an index-tracking fund, not direct ownership of the underlying assets it holds.
Key statistics
Expense ratio
0.14%
Assets (AUM)
$371.9M
Holdings
—
NAV
$429.31
Avg. volume
—
1-year price change
+3.13%
5-year price change
+50.93%
Price change excludes dividends.
Top 10 holdings
These 10 are 57.1% of the fund.
Where the money is invested
Sectors
Countries
How to buy XLFS from India
Indian residents can buy XLFS 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.
Search XLFS and buy
Find the fund by its ticker, XLFS, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in XLFS from India
Trading and taxes when buying XLFS 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 XLFS price today?
Invesco Financials S&P US Select Sector UCITS ETF (XLFS) last traded at $431.00 on the London Stock Exchange ETF segment, as of 25 Sep 2026, 11:21 AM ET. That is ₹41,385 a unit at the 24 Sep 2026 USD/INR rate.
When does XLFS 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 XLFS, and what does it cost to hold?
Invesco Financials S&P US Select Sector UCITS ETF manages about $371.9M. Its expense ratio is 0.14% a year, deducted inside the fund. It launched in 2009.
Is XLFS a UCITS ETF?
Yes. Invesco Financials 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 US dollars.
What are XLFS's largest holdings?
The top three are BERKSHIRE HATHAWAY CL B ORD (11.9%), JPMORGAN CHASE ORD (11.8%) and VISA CL A ORD (7.3%). XLFS's 10 largest positions make up 57.1% of the fund.
Is XLFS subject to US estate tax?
No. Because XLFS 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 XLFS?
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 XLFS 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 XLFS performed?
XLFS' price is up 3.1% over the past year and up 50.9% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is XLFS different from a US-listed ETF?
XLFS 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.