London Stock Exchange ETF segment · ETF
Invest in CXAD ETF from India
Indian and foreign residents can buy UBS Bloomberg CMCI Components ex-Agriculture ex-Livestock Total Return Index (CXAD) units directly through Paasa.
By Paasa · Updated
CXAD at a glance
- Price
- $158.90-$1.35 (0.84%)
- Expense ratio
- 0.38%
- Day range
- $158.90 – $160.25
- Assets
- —
- Domicile
- Switzerland
- Holdings
- —
- Launched
- —
- Dividends
- —
- 1 month
- -1.29%
- 6 months
- +15.41%
- YTD
- +51.67%
- 1 year
- +51.67%
- 5 years
- —
Price change, excluding dividends.
How to invest in CXAD from India
Step 1
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.
Step 2
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.
Step 3
Search CXAD and buy
Find the fund by its ticker, CXAD, on the London Stock Exchange ETF segment, and place your order.
Why invest in CXAD from India
What CXAD holds
This group of indices operates under the CMCI methodology, which incorporates two primary characteristics: a daily rolling mechanism and diversification across different maturities (tenors). Through the daily rolling process, a small fraction of the underlying futures contracts are incrementally adjusted on a continuous basis.
Hold a dollar asset
CXAD is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy CXAD from India?
Yes. Indian residents can buy UBS Bloomberg CMCI Components ex-Agriculture ex-Livestock Total Return Index (CXAD) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What is the expense ratio of CXAD?
UBS Bloomberg CMCI Components ex-Agriculture ex-Livestock Total Return Index has an expense ratio of 0.38% a year, taken from the fund's assets rather than billed to you.
What tax do I pay in India when I sell CXAD?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.