Xtrackers MSCI Mexico UCITS ETF 1C
Xtrackers MSCI Mexico UCITS ETF (LSE: XMES) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $9.29 (about ₹873 a unit) as of 10 Nov 2026, 11:35 AM ET. It has an expense ratio of 0.65%. Indian residents can buy XMES through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$9.29
Today's high
$9.35
52 week low
$7.57
52 week high
$9.66
XMES opened at $9.35, closed previously at $9.29, and has traded between $7.57 and $9.66 over the past 52 weeks.
About
The MSCI Mexico TRN Index aims to mirror the performance of large and mid-sized companies publicly listed in Mexico. This index broadly covers about 85% of the total market value of shares readily available for trading (free-float). Constituent companies are weighted based on their free-float adjusted market capitalization. The index undergoes a review and rebalancing process every three months. For comprehensive details on its construction, selection criteria, and weighting methodology, please refer to the information available at https://www.msci.com.
Key statistics
Expense ratio
0.65%
Assets (AUM)
$333.6M
Holdings
—
NAV
$9.31
Avg. volume
32.78K
1-year price change
+17.78%
5-year price change
+82.97%
Price change excludes dividends.
Top 10 holdings
These 10 are 78.9% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy XMES from India
Indian residents can buy XMES units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in XMES from India
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 XMES and buy
Find the fund by its ticker, XMES, on the London Stock Exchange ETF segment, and place your order.
Track holdings and download tax reports
Follow your XMES position in USD and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying XMES 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
FAQs
What is the XMES price today?
Xtrackers MSCI Mexico UCITS ETF (XMES) last traded at $9.29 on the London Stock Exchange ETF segment, as of 10 Nov 2026, 11:35 AM ET. That is ₹873 a unit at the 9 Nov 2026 USD/INR rate.
When does XMES trade, in Indian time?
The London Stock Exchange ETF segment trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when the UK is on daylight time. Orders can only execute during that window.
How big is XMES, and what does it cost to hold?
Xtrackers MSCI Mexico UCITS ETF manages about $333.6M. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2010.
Is XMES a UCITS ETF?
Yes. Xtrackers MSCI Mexico 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 US dollars.
What are XMES's largest holdings?
The top three are GRUPO MEXICO B (17.0%), GPO FINANCE BANORTE (13.0%) and FOMENTO ECONOMICO MEXICANO UBD UNI (10.5%). XMES's 10 largest positions make up 78.9% of the fund.
Is XMES subject to US estate tax?
No. Because XMES 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.
How are gains on XMES 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 XMES performed?
XMES' price is up 17.8% over the past year and up 83.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is XMES different from a US-listed ETF?
XMES 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.