XETRA · UCITS ETF
Invest in DBXG ETF from India
Indian and foreign residents can buy Xtrackers II Eurozone Government Bond 25+ UCITS ETF (DBXG) units directly through Paasa.
By Paasa · Updated
DBXG at a glance
- Price
- €231.47+€4.82 (2.13%)
- Expense ratio
- 0.15%
- Day range
- €227.48 – €231.92
- Assets
- €94.5M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -3.09%
- 6 months
- -8.25%
- YTD
- -7.19%
- 1 year
- -8.51%
- 5 years
- -47.32%
Price change, excluding dividends.
Top 10 holdings
- 1GERMANY (FEDERAL REPUBLIC OF)8.0%
- 2GERMANY (FEDERAL REPUBLIC OF)6.5%
- 3GERMANY (FEDERAL REPUBLIC OF)6.2%
- 4FRANCE (REPUBLIC OF)5.1%
- 5FRANCE (REPUBLIC OF)4.8%
- 6FRANCE (REPUBLIC OF)4.6%
- 7FRANCE (REPUBLIC OF)4.6%
- 8FRANCE (REPUBLIC OF)4.2%
- 9SPAIN (KINGDOM OF)4.0%
- 10GERMANY (FEDERAL REPUBLIC OF)3.9%
These 10 are 51.9% of the fund.
Where the money is invested
Countries
- France34.9%
- Germany25.8%
- Italy17.4%
- Spain13.8%
- Netherlands8.0%
- Other0.1%
How to invest in DBXG 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, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search DBXG and buy
Find the fund by its ticker, DBXG, on XETRA, and place your order.
Why invest in DBXG from India
What DBXG holds
The Markit iBoxx EUR Eurozone (DE ES FR IT NL) 25+ Index is designed to track the performance of a distinct segment of the bond market. It comprises euro-denominated government bonds from select Eurozone nations (Germany, Spain, France, Italy, and the Netherlands).
Outside US estate tax
DBXG is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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.
Why DBXG's UCITS structure matters for Indian investors
DBXG is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy DBXG from India?
Yes. Indian residents can buy Xtrackers II Eurozone Government Bond 25+ UCITS ETF (DBXG) through Paasa. It is listed on XETRA and trades in EUR. 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 DBXG invest in?
Its largest holdings are GERMANY (FEDERAL REPUBLIC OF) (8.0%), GERMANY (FEDERAL REPUBLIC OF) (6.5%) and GERMANY (FEDERAL REPUBLIC OF) (6.2%). The fund is domiciled in Luxembourg.
What is the expense ratio of DBXG?
Xtrackers II Eurozone Government Bond 25+ UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about €94.5M.
Is DBXG a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II Eurozone Government Bond 25+ UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
What tax do I pay in India when I sell DBXG?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the EUR/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.