London Stock Exchange ETF segment · UCITS ETF
Invest in XCHA ETF from India
Indian and foreign residents can buy Xtrackers CSI300 Swap UCITS ETF (XCHA) units directly through Paasa.
By Paasa · Updated
XCHA at a glance
- Price
- $20.06+$0.04 (0.20%)
- Expense ratio
- 0.5%
- Day range
- $20.06 – $20.11
- Assets
- $2.0B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2010
- Dividends
- —
- 1 month
- -5.06%
- 6 months
- +3.94%
- YTD
- +1.98%
- 1 year
- +8.20%
- 5 years
- +10.25%
Price change, excluding dividends.
Top 10 holdings
- 1MICRON TECHNOLOGYMU3.9%
- 2APPLEAAPL3.7%
- 3AMAZON COM INCAMZN3.3%
- 4MICROSOFTMSFT2.9%
- 5INTEL CORPORATION CORPINTC2.5%
- 6ADVANCED MICRO DEVICESAMD2.2%
- 7NVIDIANVDA1.9%
- 8PALANTIR TECHNOLOGIES CLASS APLTR1.7%
- 9FIVE BELOWFIVE1.5%
- 10FORTINETFTNT1.3%
These 10 are 24.8% of the fund.
Where the money is invested
Sectors
- Technology30.1%
- Financial Services20.1%
- Industrials15.3%
- Basic Materials9.8%
- Consumer Defensive6.3%
- Consumer Cyclical5.9%
Countries
- United States92.1%
- Japan3.8%
- Germany3.0%
- Switzerland2.1%
- United Kingdom1.4%
- Sweden0.9%
How to invest in XCHA 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 XCHA and buy
Find the fund by its ticker, XCHA, on the London Stock Exchange ETF segment, and place your order.
Why invest in XCHA from India
What XCHA holds
The aim is for your investment to reflect the performance of the CSI300 Index (the Reference Index) which reflects the performance of securities of 300 companies listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. The Reference Index is calculated in Renminbi (CNY).
Outside US estate tax
XCHA 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
XCHA 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 XCHA's UCITS structure matters for Indian investors
XCHA 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 XCHA from India?
Yes. Indian residents can buy Xtrackers CSI300 Swap UCITS ETF (XCHA) 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 XCHA invest in?
Its largest holdings are MICRON TECHNOLOGY (3.9%), APPLE (3.7%) and AMAZON COM INC (3.3%). Technology is its largest sector at 30.1%. The fund is domiciled in Luxembourg.
What is the expense ratio of XCHA?
Xtrackers CSI300 Swap 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 $2.0B.
Is XCHA a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers CSI300 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 XCHA?
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.