London Stock Exchange ETF segment · UCITS ETF
Invest in XCS3 ETF from India
Indian and foreign residents can buy Xtrackers MSCI Malaysia UCITS ETF (XCS3) units directly through Paasa.
By Paasa · Updated
XCS3 at a glance
- Price
- $14.18-$0.21 (1.43%)
- Expense ratio
- 0.5%
- Day range
- $14.18 – $14.46
- Assets
- $55.5M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2010
- Dividends
- —
- 1 month
- -4.22%
- 6 months
- -3.11%
- YTD
- +0.53%
- 1 year
- +9.54%
- 5 years
- +28.28%
Price change, excluding dividends.
Top 10 holdings
- 1PUBLIC BANK BERHAD15.5%
- 2CIMB GROUP HOLDINGS BHD13.9%
- 3MALAYAN BANKING BHD10.9%
- 4TENAGA NASIONAL BHD6.4%
- 5PRESS METAL ALUMINIUM HOLDIN6.2%
- 6GAMUDA BHD5.5%
- 7YTL POWER INTERNATIONAL BHD3.9%
- 8AMMB HOLDINGS BHD3.6%
- 9HONG LEONG BANK BERHAD3.4%
- 10SD GUTHRIE BHD3.3%
These 10 are 72.7% of the fund.
Where the money is invested
Sectors
- Financial Services51.0%
- Industrials12.5%
- Utilities10.5%
- Basic Materials8.7%
- Consumer Defensive5.7%
- Communication Services5.5%
Countries
- Malaysia99.4%
- Other0.6%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EWMAMEXiShares MSCI Malaysia ETF | 0.5% | 291.1M |
Assets are shown in each fund's own reporting currency.
How to invest in XCS3 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 XCS3 and buy
Find the fund by its ticker, XCS3, on the London Stock Exchange ETF segment, and place your order.
Why invest in XCS3 from India
What XCS3 holds
The MSCI Malaysia TRN Index aims to mirror the investment returns of major and medium-sized companies based in Malaysia. It represents approximately 85% of the total free-float market value, with constituents weighted according to their free-float adjusted market capitalization.
Outside US estate tax
XCS3 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
XCS3 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 XCS3's UCITS structure matters for Indian investors
XCS3 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 XCS3 from India?
Yes. Indian residents can buy Xtrackers MSCI Malaysia UCITS ETF (XCS3) 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 XCS3 invest in?
Its largest holdings are PUBLIC BANK BERHAD (15.5%), CIMB GROUP HOLDINGS BHD (13.9%) and MALAYAN BANKING BHD (10.9%). Financial Services is its largest sector at 51.0%. The fund is domiciled in Luxembourg.
What is the expense ratio of XCS3?
Xtrackers MSCI Malaysia 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 $55.5M.
Is XCS3 a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Malaysia 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 XCS3?
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.