Singapore Exchange · UCITS ETF
Invest in O9A ETF from India
Indian and foreign residents can buy Xtrackers MSCI Singapore UCITS ETF (O9A) units directly through Paasa.
By Paasa · Updated
O9A at a glance
- Price
- $2.79+$0.01 (0.36%)
- Expense ratio
- 0.5%
- Day range
- $2.74 – $2.80
- Assets
- $206.8M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2011
- Dividends
- —
- 1 month
- -1.06%
- 6 months
- +22.37%
- YTD
- +18.72%
- 1 year
- +21.83%
- 5 years
- +79.88%
Price change, excluding dividends.
Top 10 holdings
- 1DBS GROUP HOLDINGS LTD26.0%
- 2OVERSEA-CHINESE BANKING17.0%
- 3UNITED OVERSEAS BANK8.4%
- 4SEA ADS REPRESENTING LTD CLASS A7.6%
- 5SINGAPORE TELECOMMUNICATIONS LTD5.1%
- 6SINGAPORE EXCHANGE2.9%
- 7SINGAPORE TECHNOLOGIES ENGINEERING2.7%
- 8KEPPEL2.6%
- 9CAPITALAND INTEGRATED COMMERCIAL T2.3%
- 10YANGZIJIANG SHIPBUILDING (HOLDINGS2.1%
These 10 are 76.7% of the fund.
Where the money is invested
Sectors
- Financial Services53.3%
- Real Estate12.5%
- Industrials10.7%
- Consumer Cyclical9.3%
- Communication Services5.9%
- Technology3.5%
Countries
- Singapore97.6%
- China2.1%
- Indonesia0.1%
- Ireland0.1%
- Norway0.0%
- United States0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EWSAMEXiShares MSCI Singapore ETF | 0.5% | 1.4B |
Assets are shown in each fund's own reporting currency.
How to invest in O9A 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 O9A and buy
Find the fund by its ticker, O9A, on the Singapore Exchange, and place your order.
Why invest in O9A from India
What O9A holds
The MSCI Singapore Investable Market Total Return Net Index is crafted to replicate the investment returns of a broad spectrum of Singaporean companies, including large, mid, and small market capitalization firms. This index effectively captures around 99% of the nation's free-float market value, with its components weighted by their free-float adjusted market capitalization.
Outside US estate tax
O9A is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
O9A 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 O9A's UCITS structure matters for Indian investors
O9A 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 O9A from India?
Yes. Indian residents can buy Xtrackers MSCI Singapore UCITS ETF (O9A) through Paasa. It is listed on the Singapore Exchange 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 O9A invest in?
Its largest holdings are DBS GROUP HOLDINGS LTD (26.0%), OVERSEA-CHINESE BANKING (17.0%) and UNITED OVERSEAS BANK (8.4%). Financial Services is its largest sector at 53.3%. The fund is domiciled in Luxembourg.
What is the expense ratio of O9A?
Xtrackers MSCI Singapore UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $206.8M.
Is O9A a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Singapore 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 O9A?
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.