London Stock Exchange ETF segment · UCITS ETF
Invest in DXJ ETF from India
Indian and foreign residents can buy WisdomTree Japan Equity UCITS ETF (DXJ) units directly through Paasa.
By Paasa · Updated
DXJ at a glance
- Price
- $56.20+$0.71 (1.28%)
- Expense ratio
- 0.48%
- Day range
- $56.11 – $56.48
- Assets
- $924.6M
- Domicile
- Ireland
- Holdings
- 491
- Launched
- 2015
- Dividends
- Distributing
- 1 month
- +1.68%
- 6 months
- +14.81%
- YTD
- +24.56%
- 1 year
- +37.91%
- 5 years
- +188.06%
Price change, excluding dividends.
Top 10 holdings
- 1Mitsubishi UFJ Financial Group8306.T6.0%
- 2Toyota Motor Corp7203.T3.9%
- 3Sumitomo Mitsui Financial Group8316.T3.9%
- 4Tokio Marine Holdings Inc8766.T3.3%
- 5Mizuho Financial Group Inc8411.T3.0%
- 6Mitsubishi Corp8058.T2.7%
- 7Nippon Telegraph & Telephone Corp9432.T2.6%
- 8Tokyo Electron Ltd8035.T2.3%
- 9Takeda Pharmaceutical Co Ltd4502.T2.1%
- 10Itochu Corp8001.T2.0%
DXJ holds 491 securities in total. These 10 are 31.8% of the fund.
Where the money is invested
Sectors
- Industrials25.6%
- Financial Services21.8%
- Consumer Cyclical16.3%
- Technology13.7%
- Basic Materials7.0%
- Healthcare6.7%
Countries
- Japan99.8%
- Other0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DXJAMEXWisdomTree Japan Hedged Equity Fund | 0.48% | 7.0B |
| DXJZLSEWisdomTree Japan Equity UCITS ETF - USD Acc | 0.4% | 924.6M |
| LGJPLSEL&G Japan Equity UCITS ETF | 0.1% | 1.0B |
| DXJALSEWisdomTree Japan Equity UCITS ETF - USD Hedged Acc | 0.48% | 924.6M |
| WTIFXETRAWisdomTree Japan Equity UCITS ETF - EUR Hedged Acc | 0.45% | 924.6M |
Assets are shown in each fund's own reporting currency.
How to invest in DXJ 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 DXJ and buy
Find the fund by its ticker, DXJ, on the London Stock Exchange ETF segment, and place your order.
Why invest in DXJ from India
What DXJ holds
The Fund seeks to track the price and yield performance, before fees and expenses of the WisdomTree Japan Dividend UCITS Index (the Index)
Outside US estate tax
DXJ is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
DXJ 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.
Why DXJ's UCITS structure matters for Indian investors
DXJ is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy DXJ from India?
Yes. Indian residents can buy WisdomTree Japan Equity UCITS ETF (DXJ) 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 does DXJ invest in?
WisdomTree Japan Equity UCITS ETF holds 491 securities. Its largest holdings are Mitsubishi UFJ Financial Group (6.0%), Toyota Motor Corp (3.9%) and Sumitomo Mitsui Financial Group (3.9%). Industrials is its largest sector at 25.6%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of DXJ?
WisdomTree Japan Equity UCITS ETF has an expense ratio of 0.48% a year, taken from the fund's assets rather than billed to you. The fund manages about $924.6M.
Is DXJ a UCITS ETF, and why does that matter for Indian investors?
Yes. WisdomTree Japan Equity UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are DXJ dividends taxed in India?
WisdomTree Japan Equity UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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 DXJ?
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.