London Stock Exchange ETF segment · UCITS ETF
Invest in X71U ETF from India
Indian and foreign residents can buy Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X71U) units directly through Paasa.
By Paasa · Updated
X71U at a glance
- Price
- $8.97+$0.02 (0.19%)
- Expense ratio
- 0.2%
- Day range
- $8.97 – $8.99
- Assets
- $2.3B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -2.94%
- 6 months
- -2.52%
- YTD
- -2.83%
- 1 year
- -1.98%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE (REPUBLIC OF)7.7%
- 2FRANCE (REPUBLIC OF)7.0%
- 3FRANCE (REPUBLIC OF)6.4%
- 4FRANCE (REPUBLIC OF)6.1%
- 5GERMANY (FEDERAL REPUBLIC OF)5.2%
- 6GERMANY (FEDERAL REPUBLIC OF)4.2%
- 7GERMANY (FEDERAL REPUBLIC OF)4.2%
- 8GERMANY (FEDERAL REPUBLIC OF)4.1%
- 9GERMANY (FEDERAL REPUBLIC OF)4.0%
- 10SPAIN (KINGDOM OF)3.7%
These 10 are 52.5% of the fund.
Where the money is invested
Countries
- France27.1%
- Germany25.1%
- Italy23.1%
- Spain19.5%
- Netherlands5.1%
- Ireland0.1%
How to invest in X71U 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 X71U and buy
Find the fund by its ticker, X71U, on the London Stock Exchange ETF segment, and place your order.
Why invest in X71U from India
What X71U holds
The aim is for your investment to reflect the performance of Markit iBoxx EUR Eurozone (DE ES FR IT NL) 7-10 Index (the Reference Index).
Outside US estate tax
X71U 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
X71U 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 X71U's UCITS structure matters for Indian investors
X71U 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 X71U from India?
Yes. Indian residents can buy Xtrackers II Eurozone Government Bond 7-10 UCITS ETF (X71U) 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 X71U invest in?
Its largest holdings are FRANCE (REPUBLIC OF) (7.7%), FRANCE (REPUBLIC OF) (7.0%) and FRANCE (REPUBLIC OF) (6.4%). The fund is domiciled in Luxembourg.
What is the expense ratio of X71U?
Xtrackers II Eurozone Government Bond 7-10 UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.3B.
Is X71U a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II Eurozone Government Bond 7-10 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 X71U?
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 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.