XETRA · UCITS ETF
Invest in DBXQ ETF from India
Indian and foreign residents can buy Xtrackers II Eurozone Government Bond 3-5 UCITS ETF (DBXQ) units directly through Paasa.
By Paasa · Updated
DBXQ at a glance
- Price
- €202.81+€0.30 (0.15%)
- Expense ratio
- 0.15%
- Day range
- €202.67 – €203.01
- Assets
- €600.2M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -1.82%
- 6 months
- -1.20%
- YTD
- -1.82%
- 1 year
- -1.38%
- 5 years
- -3.11%
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE (REPUBLIC OF)9.8%
- 2FRANCE (REPUBLIC OF)9.5%
- 3GERMANY (FEDERAL REPUBLIC OF)5.8%
- 4GERMANY (FEDERAL REPUBLIC OF)5.2%
- 5GERMANY (FEDERAL REPUBLIC OF)5.0%
- 6FRANCE (REPUBLIC OF)4.9%
- 7SPAIN (KINGDOM OF)4.7%
- 8GERMANY (FEDERAL REPUBLIC OF)4.5%
- 9GERMANY (FEDERAL REPUBLIC OF)4.1%
- 10GERMANY (FEDERAL REPUBLIC OF)4.0%
These 10 are 57.6% of the fund.
Where the money is invested
Countries
- Italy31.8%
- Germany28.6%
- France24.3%
- Spain10.8%
- Netherlands4.4%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XGEDLSEXtrackers II Eurozone Government Bond 3-5 UCITS ETF 2C -USD Hedged | 0.2% | 684.0M |
| X03CXETRAXtrackers II Eurozone Government Bond 3-5 UCITS ETF 1D | 0.15% | 600.2M |
Assets are shown in each fund's own reporting currency.
How to invest in DBXQ 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 DBXQ and buy
Find the fund by its ticker, DBXQ, on XETRA, and place your order.
Why invest in DBXQ from India
What DBXQ holds
This ETF aims to mirror the performance of the Markit iBoxx EUR Eurozone (DE ES FR IT NL) 3-5 Index. The index comprises Euro-denominated government bonds from specific Eurozone nations: Germany, Spain, France, Italy, and the Netherlands.
Outside US estate tax
DBXQ 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 DBXQ's UCITS structure matters for Indian investors
DBXQ 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 DBXQ from India?
Yes. Indian residents can buy Xtrackers II Eurozone Government Bond 3-5 UCITS ETF (DBXQ) 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 DBXQ invest in?
Its largest holdings are FRANCE (REPUBLIC OF) (9.8%), FRANCE (REPUBLIC OF) (9.5%) and GERMANY (FEDERAL REPUBLIC OF) (5.8%). The fund is domiciled in Luxembourg.
What is the expense ratio of DBXQ?
Xtrackers II Eurozone Government Bond 3-5 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 €600.2M.
Is DBXQ a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II Eurozone Government Bond 3-5 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 DBXQ?
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.