London Stock Exchange ETF segment · UCITS ETF
Invest in XD5E ETF from India
Indian and foreign residents can buy Xtrackers MSCI EMU UCITS ETF (XD5E) units directly through Paasa.
By Paasa · Updated
XD5E at a glance
- Price
- £56.97-£0.87 (1.51%)
- Expense ratio
- 0.09%
- Day range
- £56.97 – £57.37
- Assets
- £2.1B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2012
- Dividends
- Distributing
- 1 month
- -2.60%
- 6 months
- +5.54%
- YTD
- +4.66%
- 1 year
- +9.55%
- 5 years
- +43.34%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING9.4%
- 2SIEMENS N AG3.0%
- 3SAP2.9%
- 4BANCO SANTANDER2.7%
- 5SCHNEIDER ELECTRIC2.4%
- 6ALLIANZ2.4%
- 7TOTALENERGIES2.2%
- 8BANCO BILBAO VIZCAYA ARGENTARIA SA2.1%
- 9IBERDROLA1.9%
- 10SAFRAN SA1.8%
These 10 are 30.9% of the fund.
Where the money is invested
Sectors
- Financial Services27.3%
- Industrials20.7%
- Technology16.2%
- Consumer Cyclical8.0%
- Healthcare6.0%
- Utilities5.8%
Countries
- Germany24.9%
- France24.5%
- Netherlands19.2%
- Spain11.2%
- Italy9.2%
- Finland3.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEMULSEiShares Core MSCI EMU UCITS ETF | 0.12% | 7.0B |
| CEUUAMSiShares Core MSCI EMU UCITS ETF | 0.15% | 977.3M |
| EMUULSEiShares MSCI EMU USD Hedged UCITS ETF (Acc) | 0.38% | 319.6M |
| EMUCSIXiShares MSCI EMU CHF Hedged UCITS ETF (Acc) | 0.38% | 182.6M |
| CEUGLSEiShares Core MSCI EMU UCITS ETF | 0.12% | 226.4M |
Assets are shown in each fund's own reporting currency.
How to invest in XD5E 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 GBP when you buy.
Step 3
Search XD5E and buy
Find the fund by its ticker, XD5E, on the London Stock Exchange ETF segment, and place your order.
Why invest in XD5E from India
What XD5E holds
This fund's objective is to mirror the performance of the MSCI EMU Net Index, which is denominated in EUR. This index tracks major and mid-sized corporations operating in the developed economies of the European Monetary Union.
Outside US estate tax
XD5E 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 XD5E's UCITS structure matters for Indian investors
XD5E 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 XD5E from India?
Yes. Indian residents can buy Xtrackers MSCI EMU UCITS ETF (XD5E) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 XD5E invest in?
Its largest holdings are ASML HOLDING (9.4%), SIEMENS N AG (3.0%) and SAP (2.9%). Financial Services is its largest sector at 27.3%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of XD5E?
Xtrackers MSCI EMU 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 £2.1B.
Is XD5E a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI EMU 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.
How are XD5E dividends taxed in India?
Xtrackers MSCI EMU UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell XD5E?
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 GBP/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.