XETRA · UCITS ETF
Invest in DXS0 ETF from India
Indian and foreign residents can buy Xtrackers SLI UCITS ETF (DXS0) units directly through Paasa.
By Paasa · Updated
DXS0 at a glance
- Price
- €249.40+€0.50 (0.20%)
- Expense ratio
- 0.25%
- Day range
- €248.80 – €250.80
- Assets
- €508.3M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2008
- Dividends
- Distributing
- 1 month
- -4.21%
- 6 months
- +8.13%
- YTD
- +3.59%
- 1 year
- +13.91%
- 5 years
- +34.69%
Price change, excluding dividends.
Top 10 holdings
- 1NOVARTIS AGNOVN.SW9.4%
- 2ROCHE PS PAR AGROP.SW9.3%
- 3ABB LTDABBN.SW9.2%
- 4NESTLE SANESN.SW8.9%
- 5SWISS RE AGSREN.SW4.4%
- 6ZURICH INSURANCE GROUP AGZURN.SW4.4%
- 7COMPAGNIE FINANCIERE RICHEMONT SACFR.SW4.4%
- 8LONZA GROUP AGLONN.SW4.2%
- 9UBS GROUP AGUBSG.SW4.0%
- 10HOLCIM LTD AGHOLN.SW3.7%
These 10 are 61.8% of the fund.
Where the money is invested
Sectors
- Healthcare33.4%
- Financial Services26.5%
- Industrials11.9%
- Basic Materials11.3%
- Consumer Defensive9.5%
- Consumer Cyclical4.3%
Countries
- Switzerland98.3%
- United States1.7%
- Other0.0%
How to invest in DXS0 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 DXS0 and buy
Find the fund by its ticker, DXS0, on XETRA, and place your order.
Why invest in DXS0 from India
What DXS0 holds
This fund aims to track the performance of the SLI Swiss Leader Index (TR). The index comprises 30 leading Swiss blue-chip companies, characterized by their size and liquidity, as traded on the SIX Swiss Exchange.
Outside US estate tax
DXS0 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 DXS0's UCITS structure matters for Indian investors
DXS0 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 DXS0 from India?
Yes. Indian residents can buy Xtrackers SLI UCITS ETF (DXS0) 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 DXS0 invest in?
Its largest holdings are NOVARTIS AG (9.4%), ROCHE PS PAR AG (9.3%) and ABB LTD (9.2%). Healthcare is its largest sector at 33.4%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of DXS0?
Xtrackers SLI UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €508.3M.
Is DXS0 a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers SLI 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.
How are DXS0 dividends taxed in India?
Xtrackers SLI 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 DXS0?
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 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.