London Stock Exchange ETF segment · UCITS ETF
Invest in XCS5 ETF from India
Indian and foreign residents can buy Xtrackers MSCI India Swap UCITS ETF (XCS5) units directly through Paasa.
By Paasa · Updated
XCS5 at a glance
- Price
- $18.20+$0.03 (0.14%)
- Expense ratio
- 0.19%
- Day range
- $18.20 – $18.23
- Assets
- $581.3M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2010
- Dividends
- —
- 1 month
- -5.87%
- 6 months
- +0.64%
- YTD
- -13.15%
- 1 year
- -10.50%
- 5 years
- +2.87%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON COM INCAMZN6.9%
- 2INTEL CORPORATION CORPINTC4.5%
- 3APPLEAAPL4.0%
- 4MICROSOFTMSFT3.9%
- 5PALANTIR TECHNOLOGIES CLASS APLTR3.9%
- 6TESLA INCTSLA3.1%
- 7MICRON TECHNOLOGYMU3.1%
- 8ADVANCED MICRO DEVICESAMD2.7%
- 9SERVICENOWNOW2.4%
- 10COSTCO WHOLESALE CORPCOST2.2%
These 10 are 36.7% of the fund.
Where the money is invested
Sectors
- Financial Services30.2%
- Consumer Cyclical12.5%
- Industrials10.4%
- Basic Materials8.5%
- Energy8.5%
- Technology8.1%
Countries
- United States101.3%
- Germany1.8%
- Switzerland0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| LYMDXETRAAmundi MSCI India Swap UCITS ETF EUR Acc | 0.85% | 909.7M |
| INRULSEAmundi MSCI India Swap UCITS ETF USD Acc | 0.85% | 1.0B |
Assets are shown in each fund's own reporting currency.
How to invest in XCS5 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 XCS5 and buy
Find the fund by its ticker, XCS5, on the London Stock Exchange ETF segment, and place your order.
Why invest in XCS5 from India
What XCS5 holds
The MSCI India TRN Index is engineered to mirror the performance of major and mid-sized corporations with listings in India. This benchmark encompasses roughly 85% of the Indian market's free-float adjusted capitalization.
Outside US estate tax
XCS5 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
XCS5 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 XCS5's UCITS structure matters for Indian investors
XCS5 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 XCS5 from India?
Yes. Indian residents can buy Xtrackers MSCI India Swap UCITS ETF (XCS5) 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 XCS5 invest in?
Its largest holdings are AMAZON COM INC (6.9%), INTEL CORPORATION CORP (4.5%) and APPLE (4.0%). Financial Services is its largest sector at 30.2%. The fund is domiciled in Luxembourg.
What is the expense ratio of XCS5?
Xtrackers MSCI India Swap UCITS ETF has an expense ratio of 0.19% a year, taken from the fund's assets rather than billed to you. The fund manages about $581.3M.
Is XCS5 a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI India 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 XCS5?
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.