Invesco Health Care S&P US Select Sector UCITS ETF
Invesco Health Care S&P US Select Sector UCITS ETF (LSE: XLVS) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $852.00 (about ₹81,852 a unit) as of 29 Sep 2026, 7:14 AM ET. It has an expense ratio of 0.14%. Indian residents can buy XLVS through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$850.40
Today's high
$853.30
52 week low
$665.30
52 week high
$875.60
XLVS opened at $853.30, closed previously at $850.75, and has traded between $665.30 and $875.60 over the past 52 weeks.
About
This Invesco Health Care S&P US Select Sector UCITS ETF Acc aims to replicate the net total return of the S&P Select Sector Capped 20% Health Care Index, after accounting for its own operational charges. The benchmark index is comprised of companies within the healthcare sector of the broader S&P 500 Index. Each company's weighting within the index is determined by its float-adjusted market capitalization, with an individual cap of 19%. Any weight exceeding this limit is redistributed proportionally among the other uncapped constituents. The fund pursues its investment objective by holding a portfolio of equities, which typically generates the majority of its returns. However, this portfolio is not ordinarily identical to the Reference Index's holdings. To achieve precise index replication, the fund utilizes unfunded swaps. These are contractual agreements with approved financial counterparties, where the fund and the counterparty exchange the difference between the returns of the fund's internal equity basket and the actual performance of the Reference Index. This synthetic methodology is designed to provide more consistent and accurate tracking of the Reference Index than would generally be possible through direct physical replication alone. A notable feature is that while the fund's primary goal is to mirror the standard net total return index, its swaps are structured to reference an "enhanced Withholding Tax" version of the index. Consequently, the ETF's performance before fees is anticipated to exceed the return of a conventional net return index. This ETF operates under a passive management strategy. An investment in this product signifies the purchase of units in an index-tracking fund, rather than direct ownership of the underlying assets held by the fund.
Key statistics
Expense ratio
0.14%
Assets (AUM)
$549.6M
Holdings
—
NAV
$845.20
Avg. volume
—
1-year price change
+28.55%
5-year price change
+41.84%
Price change excludes dividends.
Top 10 holdings
These 10 are 60.9% of the fund.
Where the money is invested
Countries
How to buy XLVS from India
Indian residents can buy XLVS 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 XLVS and buy
Find the fund by its ticker, XLVS, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in XLVS from India
Trading and taxes when buying XLVS 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 XLVS price today?
Invesco Health Care S&P US Select Sector UCITS ETF (XLVS) last traded at $852.00 on the London Stock Exchange ETF segment, as of 29 Sep 2026, 7:14 AM ET. That is ₹81,852 a unit at the 28 Sep 2026 USD/INR rate.
When does XLVS 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 XLVS, and what does it cost to hold?
Invesco Health Care S&P US Select Sector UCITS ETF manages about $549.6M. Its expense ratio is 0.14% a year, deducted inside the fund. It launched in 2009.
Is XLVS a UCITS ETF?
Yes. Invesco Health Care 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 XLVS's largest holdings?
The top three are ELI LILLY ORD (15.6%), JOHNSON & JOHNSON ORD (10.4%) and ABBVIE ORD (7.3%). XLVS's 10 largest positions make up 60.9% of the fund.
Is XLVS subject to US estate tax?
No. Because XLVS 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 XLVS?
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 XLVS 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 XLVS performed?
XLVS' price is up 28.5% over the past year and up 41.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is XLVS different from a US-listed ETF?
XLVS 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.