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SIX Swiss Exchange · UCITS ETF

Invest in XD9C ETF from India

Indian and foreign residents can buy Xtrackers MSCI USA UCITS ETF (XD9C) units directly through Paasa.

By Paasa · Updated

XD9C at a glance

Price
CHF 166.62+CHF 0.76 (0.46%)
Expense ratio
0.08%
Day range
CHF 166.62 – CHF 167.26
Assets
CHF 12.4B
Domicile
Ireland
Holdings
—
Launched
2014
Dividends
—
1 month
+0.33%
6 months
+15.01%
YTD
+8.49%
1 year
+11.18%
5 years
+45.72%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1NVIDIANVDA7.8%
  2. 2APPLEAAPL7.4%
  3. 3MICROSOFTMSFT5.3%
  4. 4AMAZON COM INCAMZN3.6%
  5. 5ALPHABET CLASS AGOOGL3.0%
  6. 6META PLATFORMS CLASS AMETA2.5%
  7. 7BROADCOM INCAVGO2.4%
  8. 8ALPHABET CLASS CGOOG2.4%
  9. 9MICRON TECHNOLOGYMU1.8%
  10. 10TESLA INCTSLA1.6%

These 10 are 37.8% of the fund.

Where the money is invested

Sectors

  • Technology39.1%
  • Financial Services11.5%
  • Communication Services9.8%
  • Healthcare9.2%
  • Consumer Cyclical8.8%
  • Industrials7.8%

Countries

  • United States97.4%
  • Ireland1.1%
  • United Kingdom0.5%
  • Switzerland0.3%
  • Other0.3%
  • Uruguay0.1%

Similar funds

FundExpense ratioAssets
CSUSLSEiShares MSCI USA UCITS ETF0.03%5.2B
XD9ULSEXtrackers MSCI USA UCITS ETF 1C0.03%15.0B
MXUSLSEInvesco MSCI USA UCITS ETF0.05%10.6B
XD9EXETRAXtrackers MSCI USA UCITS ETF 2C - EUR Hedged0.08%13.2B
MXUDLSEInvesco MSCI USA UCITS ETF0.05%10.6B

Assets are shown in each fund's own reporting currency.

How to invest in XD9C from India

  1. 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.

  2. 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 CHF when you buy.

  3. Step 3

    Search XD9C and buy

    Find the fund by its ticker, XD9C, on the SIX Swiss Exchange, and place your order.

Why invest in XD9C from India

What XD9C holds

This ETF aims to track the performance of the MSCI Total Return Net USA Index. This index is designed to reflect the returns of large and mid-sized companies listed in the United States, encompassing around 85% of the overall free-float market capitalization.

Outside US estate tax

XD9C is domiciled in Ireland, 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 XD9C's UCITS structure matters for Indian investors

XD9C is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.

On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.

Capital gains are taxed in India the same way as on a US-listed ETF.

See UCITS options

Frequently asked questions

Can I buy XD9C from India?

Yes. Indian residents can buy Xtrackers MSCI USA UCITS ETF (XD9C) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 XD9C invest in?

Its largest holdings are NVIDIA (7.8%), APPLE (7.4%) and MICROSOFT (5.3%). Technology is its largest sector at 39.1%. The fund is domiciled in Ireland.

What is the expense ratio of XD9C?

Xtrackers MSCI USA UCITS ETF has an expense ratio of 0.08% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 12.4B.

Is XD9C a UCITS ETF, and why does that matter for Indian investors?

Yes. Xtrackers MSCI USA UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.

What tax do I pay in India when I sell XD9C?

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 CHF/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.

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