London Stock Exchange ETF segment · UCITS ETF
Invest in XCS6 ETF from India
Indian and foreign residents can buy Xtrackers MSCI China UCITS ETF (XCS6) units directly through Paasa.
By Paasa · Updated
XCS6 at a glance
- Price
- $17.59-$0.01 (0.03%)
- Expense ratio
- 0.65%
- Day range
- $17.54 – $17.68
- Assets
- $1.9B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2010
- Dividends
- —
- 1 month
- -4.87%
- 6 months
- -3.83%
- YTD
- -13.05%
- 1 year
- -16.79%
- 5 years
- -12.07%
Price change, excluding dividends.
Top 10 holdings
- 1TENCENT HOLDINGS0700.HK14.0%
- 2ALIBABA GROUP HOLDING9988.HK9.5%
- 3CHINA CONSTRUCTION BANK CORP H0939.HK4.2%
- 4INDUSTRIAL AND COMMERCIAL BANK OF1398.HK2.6%
- 5XIAOMI1810.HK2.3%
- 6BANK OF CHINA LTD H3988.HK2.1%
- 7MEITUAN3690.HK1.9%
- 8PING AN INSURANCE (GROUP) CO OF CH2318.HK1.7%
- 9NETEASE9999.HK1.7%
- 10PDD HOLDINGS ADSPDD1.6%
These 10 are 41.6% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical23.6%
- Financial Services20.1%
- Communication Services18.3%
- Technology11.7%
- Healthcare5.9%
- Basic Materials5.7%
Countries
- China88.4%
- Hong Kong6.1%
- Ireland1.6%
- Luxembourg1.1%
- Singapore1.1%
- Switzerland0.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| MCHINASDAQiShares MSCI China ETF | 0.59% | 6.1B |
| ICHNAMSiShares MSCI China UCITS ETF | 0.28% | 2.6B |
| 2801HKSEiShares Core MSCI China ETF | 0.2% | 12.0B |
| XCS7LSEXtrackers MSCI China UCITS ETF 1D | 0.28% | 1.9B |
| HMCDLSEHSBC MSCI China UCITS ETF | 0.28% | 1.1B |
Assets are shown in each fund's own reporting currency.
How to invest in XCS6 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 XCS6 and buy
Find the fund by its ticker, XCS6, on the London Stock Exchange ETF segment, and place your order.
Why invest in XCS6 from India
What XCS6 holds
The MSCI China TRN Index is designed to mirror the performance of the Chinese equity market, encompassing a diverse range of large and mid-capitalization Chinese corporations. This includes various share types such as A Shares, H Shares, B Shares, alongside Red Chips, P Chips, and entities listed on foreign exchanges.
Outside US estate tax
XCS6 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
XCS6 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 XCS6's UCITS structure matters for Indian investors
XCS6 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 XCS6 from India?
Yes. Indian residents can buy Xtrackers MSCI China UCITS ETF (XCS6) 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 XCS6 invest in?
Its largest holdings are TENCENT HOLDINGS (14.0%), ALIBABA GROUP HOLDING (9.5%) and CHINA CONSTRUCTION BANK CORP H (4.2%). Consumer Cyclical is its largest sector at 23.6%. The fund is domiciled in Luxembourg.
What is the expense ratio of XCS6?
Xtrackers MSCI China UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.9B.
Is XCS6 a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI China 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 XCS6?
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.