XETRA · UCITS ETF
Invest in XBAE ETF from India
Indian and foreign residents can buy Xtrackers II Global Aggregate Bond Swap UCITS ETF (XBAE) units directly through Paasa.
By Paasa · Updated
XBAE at a glance
- Price
- €20.23+€0.02 (0.10%)
- Expense ratio
- 0.1%
- Day range
- €20.18 – €20.24
- Assets
- €718.7M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2014
- Dividends
- —
- 1 month
- -2.20%
- 6 months
- -2.06%
- YTD
- -3.32%
- 1 year
- -3.00%
- 5 years
- -11.18%
Price change, excluding dividends.
Top 10 holdings
- 1DEUTSCHE GLOBAL LIQUIDITY SERI0.4%
- 2TREASURY NOTE0.3%
- 3TREASURY NOTE0.3%
- 4TREASURY NOTE0.2%
- 5TREASURY NOTE0.2%
- 6TREASURY NOTE0.2%
- 7TREASURY NOTE0.2%
- 8TREASURY NOTE0.2%
- 9TREASURY NOTE0.2%
- 10TREASURY NOTE0.2%
These 10 are 2.4% of the fund.
Where the money is invested
Sectors
- Government65.1%
- Corporate20.4%
- Securitized13.3%
Countries
- United States33.8%
- Other12.4%
- Japan9.3%
- France5.8%
- United Kingdom5.2%
- Germany4.8%
How to invest in XBAE 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 XBAE and buy
Find the fund by its ticker, XBAE, on XETRA, and place your order.
Why invest in XBAE from India
What XBAE holds
The aim is for your investment to reflect the performance of the Bloomberg Barclays Global Aggregate Bond Index (the Reference Index). The Reference Index reflects the performance of a broad-based measure of the global investment grade fixed-rate debt markets
Outside US estate tax
XBAE 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 XBAE's UCITS structure matters for Indian investors
XBAE 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 XBAE from India?
Yes. Indian residents can buy Xtrackers II Global Aggregate Bond Swap UCITS ETF (XBAE) 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 XBAE invest in?
Its largest holdings are DEUTSCHE GLOBAL LIQUIDITY SERI (0.4%), TREASURY NOTE (0.3%) and TREASURY NOTE (0.3%). Government is its largest sector at 65.1%. The fund is domiciled in Luxembourg.
What is the expense ratio of XBAE?
Xtrackers II Global Aggregate Bond Swap UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about €718.7M.
Is XBAE a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II Global Aggregate Bond Swap 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 XBAE?
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 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.