London Stock Exchange ETF segment · UCITS ETF
Invest in MXWS ETF from India
Indian and foreign residents can buy Invesco MSCI World UCITS ETF (MXWS) units directly through Paasa.
By Paasa · Updated
MXWS at a glance
- Price
- £117.87-£0.86 (0.72%)
- Expense ratio
- 0.05%
- Day range
- £117.76 – £118.68
- Assets
- £7.8B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2009
- Dividends
- —
- 1 month
- +1.23%
- 6 months
- +14.34%
- YTD
- +12.53%
- 1 year
- +16.84%
- 5 years
- +80.05%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA ORD5.6%
- 2APPLE ORD4.9%
- 3MICROSOFT ORD3.7%
- 4AMAZON COM ORD2.7%
- 5ALPHABET CL A ORD2.2%
- 6BROADCOM ORD1.9%
- 7ALPHABET CL C ORD1.7%
- 8META PLATFORMS CL A ORD1.4%
- 9MICRON TECHNOLOGY ORD1.2%
- 10JPMORGAN CHASE ORD1.0%
These 10 are 26.3% of the fund.
Where the money is invested
Sectors
- Technology30.6%
- Financial Services16.3%
- Industrials10.7%
- Healthcare9.3%
- Consumer Cyclical8.7%
- Communication Services8.0%
Countries
- United States69.9%
- Japan5.6%
- United Kingdom3.7%
- Canada3.4%
- Switzerland2.6%
- France2.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SWDALSEiShares Core MSCI World UCITS ETF | 0.2% | 111.6B |
| IWDGLSEiShares Core MSCI World UCITS ETF | 0.3% | 997.9M |
| HMWOLSEHSBC MSCI World UCITS ETF USD | 0.15% | 14.5B |
| IWRDLSEiShares MSCI World UCITS ETF | 0.5% | 7.1B |
| URTHAMEXiShares MSCI World ETF | 0.24% | 8.2B |
Assets are shown in each fund's own reporting currency.
How to invest in MXWS 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 GBP when you buy.
Step 3
Search MXWS and buy
Find the fund by its ticker, MXWS, on the London Stock Exchange ETF segment, and place your order.
Why invest in MXWS from India
What MXWS holds
This Invesco ETF is designed to mirror the net total return of the MSCI World Index, after accounting for its fees. The MSCI World Index itself benchmarks equity market performance across developed nations, encompassing a broad range of large and mid-capitalisation companies, which collectively represent about 85% of the free float-adjusted market capitalization in each country.
Outside US estate tax
MXWS is domiciled in Ireland, 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 MXWS' UCITS structure matters for Indian investors
MXWS 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 MXWS from India?
Yes. Indian residents can buy Invesco MSCI World UCITS ETF (MXWS) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 MXWS invest in?
Its largest holdings are NVIDIA ORD (5.6%), APPLE ORD (4.9%) and MICROSOFT ORD (3.7%). Technology is its largest sector at 30.6%. The fund is domiciled in Ireland.
What is the expense ratio of MXWS?
Invesco MSCI World UCITS ETF has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about £7.8B.
Is MXWS a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco MSCI World 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.
What tax do I pay in India when I sell MXWS?
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 GBP/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.