NYSE Arca · ETF
Invest in DBJP ETF from India
Indian and foreign residents can buy Xtrackers MSCI Japan Equity ETF (DBJP) units directly through Paasa.
By Paasa · Updated
DBJP at a glance
- Price
- $116.93+$1.11 (0.96%)
- Expense ratio
- 0.45%
- Day range
- $116.34 – $117.15
- Assets
- $712.7M
- Domicile
- the US
- Holdings
- 169
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- +1.19%
- 6 months
- +14.63%
- YTD
- +23.18%
- 1 year
- +35.80%
- 5 years
- +124.55%
Price change, excluding dividends.
Top 10 holdings
- 1Mitsubishi UFJ Financial Group8306.T4.5%
- 2Toyota Motor Corp7203.T3.3%
- 3Sumitomo Mitsui Financial Group8316.T2.9%
- 4Hitachi Ltd6501.T2.9%
- 5Advantest Corp6857.T2.9%
- 6Tokyo Electron Ltd8035.T2.8%
- 7SoftBank Group Corp9984.T2.8%
- 8Sony Corp6758.T2.5%
- 9RECRUIT HOLDINGS CO LTD6098.T2.5%
- 10Kioxia Holdings Corp285A.T2.5%
DBJP holds 169 securities in total. These 10 are 29.6% of the fund.
Where the money is invested
Sectors
- Industrials22.9%
- Technology21.5%
- Financial Services19.1%
- Consumer Cyclical11.6%
- Communication Services9.3%
- Healthcare5.4%
Countries
- Japan97.9%
- Other2.1%
- United States0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EWJAMEXiShares MSCI Japan ETF | 0.49% | 23.6B |
| LCJDLSEAmundi Core MSCI Japan UCITS ETF Acc | 0.12% | 6.9B |
| XMJDLSEXtrackers MSCI Japan UCITS ETF 1C | 0.12% | 8.7B |
| IJPDLSEiShares MSCI Japan USD Hedged UCITS ETF (Acc) | 0.64% | 621.7M |
| IJPELSEiShares MSCI Japan EUR Hedged UCITS ETF (Acc) | 0.64% | 1.2B |
Assets are shown in each fund's own reporting currency.
How to invest in DBJP 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 DBJP and buy
Find the fund by its ticker, DBJP, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in DBJP from India
What DBJP holds
The Xtrackers MSCI Japan Hedged Equity ETF (known as the Fund) is designed to broadly mirror the investment performance of its benchmark, the MSCI Japan US Dollar Hedged Index (the Underlying Index), before accounting for any associated fees and expenses.
Hold a dollar asset
DBJP 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one DBJP unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy DBJP from India?
Yes. Indian residents can buy Xtrackers MSCI Japan Equity ETF (DBJP) through Paasa. It is listed on NYSE Arca 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 does DBJP invest in?
Xtrackers MSCI Japan Equity ETF holds 169 securities. Its largest holdings are Mitsubishi UFJ Financial Group (4.5%), Toyota Motor Corp (3.3%) and Sumitomo Mitsui Financial Group (2.9%). Industrials is its largest sector at 22.9%. It is a distributing fund domiciled in the US.
What is the expense ratio of DBJP?
Xtrackers MSCI Japan Equity ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $712.7M.
How are DBJP dividends taxed in India?
Xtrackers MSCI Japan Equity ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell DBJP?
The US does not levy capital gains tax on shares for Indian residents. 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.
Can I buy a fraction of one DBJP unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $116.93, and there is no minimum trade size.
What happens to my DBJP units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.