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London Stock Exchange ETF segment · UCITS ETF

Invest in XDEQ ETF from India

Indian and foreign residents can buy Xtrackers MSCI World Quality UCITS ETF (XDEQ) units directly through Paasa.

By Paasa · Updated

XDEQ at a glance

Price
£68.71+£0.09 (0.13%)
Expense ratio
0.25%
Day range
£68.46 – £68.87
Assets
£2.2B
Domicile
Ireland
Holdings
—
Launched
2014
Dividends
—
1 month
+0.73%
6 months
+16.12%
YTD
+13.21%
1 year
+18.13%
5 years
+69.30%

Price change, excluding dividends.

Live chart and fund data

Top 10 holdings

  1. 1MICROSOFT6.4%
  2. 2APPLE5.7%
  3. 3NVIDIA5.4%
  4. 4META PLATFORMS CLASS A4.3%
  5. 5VISA CLASS A3.5%
  6. 6ASML HOLDING3.2%
  7. 7ELI LILLY2.6%
  8. 8LAM RESEARCH2.1%
  9. 9MASTERCARD CLASS A2.0%
  10. 10TJX1.9%

These 10 are 37.0% of the fund.

Where the money is invested

Sectors

  • Technology31.5%
  • Financial Services16.0%
  • Industrials9.9%
  • Healthcare9.1%
  • Consumer Cyclical8.9%
  • Communication Services8.4%

Countries

  • United States70.1%
  • United Kingdom4.7%
  • Switzerland4.2%
  • Netherlands3.3%
  • Japan3.0%
  • Canada2.3%

How to invest in XDEQ 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 GBP when you buy.

  3. Step 3

    Search XDEQ and buy

    Find the fund by its ticker, XDEQ, on the London Stock Exchange ETF segment, and place your order.

Why invest in XDEQ from India

What XDEQ holds

The MSCI World Sector Neutral Quality Index (USD) (TRN) is constructed to mirror the performance of large and medium-sized companies from developed markets globally. These companies are chosen for their strong 'Quality' scores and are weighted based on specific quality metrics, including return on equity, debt levels (leverage), and the stability of their earnings.

Outside US estate tax

XDEQ 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 XDEQ's UCITS structure matters for Indian investors

XDEQ 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 XDEQ from India?

Yes. Indian residents can buy Xtrackers MSCI World Quality UCITS ETF (XDEQ) 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 XDEQ invest in?

Its largest holdings are MICROSOFT (6.4%), APPLE (5.7%) and NVIDIA (5.4%). Technology is its largest sector at 31.5%. The fund is domiciled in Ireland.

What is the expense ratio of XDEQ?

Xtrackers MSCI World Quality 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 £2.2B.

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

Yes. Xtrackers MSCI World Quality 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 XDEQ?

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.

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