London Stock Exchange ETF segment · UCITS ETF
Invest in XDEM ETF from India
Indian and foreign residents can buy Xtrackers MSCI World Momentum UCITS ETF (XDEM) units directly through Paasa.
By Paasa · Updated
XDEM at a glance
- Price
- £75.60+£0.16 (0.21%)
- Expense ratio
- 0.25%
- Day range
- £75.55 – £75.65
- Assets
- £1.8B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2014
- Dividends
- —
- 1 month
- +5.76%
- 6 months
- +30.17%
- YTD
- +23.45%
- 1 year
- +26.06%
- 5 years
- +88.83%
Price change, excluding dividends.
Top 10 holdings
- 1MICRON TECHNOLOGY INC5.5%
- 2ADVANCED MICRO DEVICES4.6%
- 3INTEL CORP3.0%
- 4ALPHABET INC CL A2.7%
- 5ASML HOLDING NV2.6%
- 6JOHNSON + JOHNSON2.5%
- 7EXXONMOBIL HOLDINGS CORP2.3%
- 8ALPHABET INC CL C2.1%
- 9LAM RESEARCH CORP1.9%
- 10APPLIED MATERIALS INC1.9%
These 10 are 29.1% of the fund.
Where the money is invested
Sectors
- Technology33.3%
- Industrials14.6%
- Financial Services14.3%
- Energy11.6%
- Healthcare8.0%
- Basic Materials5.7%
Countries
- United States60.7%
- Japan10.8%
- Canada6.9%
- United Kingdom3.6%
- Switzerland3.3%
- Netherlands3.3%
How to invest in XDEM 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 XDEM and buy
Find the fund by its ticker, XDEM, on the London Stock Exchange ETF segment, and place your order.
Why invest in XDEM from India
What XDEM holds
The MSCI World Momentum Index (USD) (TRN) is designed to mirror the performance of a distinct market segment. It targets large and mid-capitalization companies from developed economies worldwide that exhibit robust price momentum.
Outside US estate tax
XDEM 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 XDEM's UCITS structure matters for Indian investors
XDEM 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.
Frequently asked questions
Can I buy XDEM from India?
Yes. Indian residents can buy Xtrackers MSCI World Momentum UCITS ETF (XDEM) 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 XDEM invest in?
Its largest holdings are MICRON TECHNOLOGY INC (5.5%), ADVANCED MICRO DEVICES (4.6%) and INTEL CORP (3.0%). Technology is its largest sector at 33.3%. The fund is domiciled in Ireland.
What is the expense ratio of XDEM?
Xtrackers MSCI World Momentum UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about £1.8B.
Is XDEM a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI World Momentum 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 XDEM?
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.