London Stock Exchange ETF segment · UCITS ETF
Invest in XBLC ETF from India
Indian and foreign residents can buy Xtrackers II Corporate Bond UCITS ETF (XBLC) units directly through Paasa.
By Paasa · Updated
XBLC at a glance
- Price
- €160.25+€0.47 (0.29%)
- Expense ratio
- 0.09%
- Day range
- €159.96 – €160.37
- Assets
- €4.6B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2010
- Dividends
- —
- 1 month
- -1.45%
- 6 months
- -0.34%
- YTD
- -1.34%
- 1 year
- -1.03%
- 5 years
- -1.74%
Price change, excluding dividends.
Top 10 holdings
- 1--0.3%
- 2ANHEUSER BUSCH INBEV SA0.1%
- 3THE GOLDMAN SACHS GROUP, INC.0.1%
- 4JPMORGAN CHASE & CO0.1%
- 5AMAZON.COM INC0.1%
- 6ANHEUSER BUSCH INBEV SA0.1%
- 7AXA SA0.1%
- 8MORGAN STANLEY0.1%
- 9MORGAN STANLEY0.1%
- 10JPMORGAN CHASE & CO0.1%
These 10 are 1.1% of the fund.
Where the money is invested
Sectors
- Corporate99.6%
- Securitized0.2%
- Government0.0%
Countries
- France18.7%
- United States16.9%
- Netherlands14.2%
- Germany8.5%
- United Kingdom8.3%
- Spain5.3%
How to invest in XBLC 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 XBLC and buy
Find the fund by its ticker, XBLC, on the London Stock Exchange ETF segment, and place your order.
Why invest in XBLC from India
What XBLC holds
This product seeks to replicate the performance of the Bloomberg Euro Corporate Bond Index. This index is constructed to mirror a specific market comprising corporate debt securities denominated in Euros.
Outside US estate tax
XBLC 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 XBLC's UCITS structure matters for Indian investors
XBLC 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 XBLC from India?
Yes. Indian residents can buy Xtrackers II Corporate Bond UCITS ETF (XBLC) through Paasa. It is listed on the London Stock Exchange ETF segment 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 XBLC invest in?
Its largest holdings are -- (0.3%), ANHEUSER BUSCH INBEV SA (0.1%) and THE GOLDMAN SACHS GROUP, INC. (0.1%). Securitized is its largest sector at 0.2%. The fund is domiciled in Luxembourg.
What is the expense ratio of XBLC?
Xtrackers II Corporate Bond UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about €4.6B.
Is XBLC a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II Corporate Bond 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 XBLC?
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.