London Stock Exchange ETF segment · UCITS ETF
Invest in XDJP ETF from India
Indian and foreign residents can buy Xtrackers Nikkei 225 UCITS ETF (XDJP) units directly through Paasa.
By Paasa · Updated
XDJP at a glance
- Price
- £32.38-£0.43 (1.30%)
- Expense ratio
- 0.09%
- Day range
- £32.31 – £32.73
- Assets
- £2.3B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- +2.27%
- 6 months
- +28.83%
- YTD
- +29.99%
- 1 year
- +39.14%
- 5 years
- +59.07%
Price change, excluding dividends.
Top 10 holdings
- 1ADVANTEST6857.T12.3%
- 2TOKYO ELECTRON8035.T8.6%
- 3FAST RETAILING9983.T8.3%
- 4SOFTBANK GROUP9984.T7.4%
- 5RECRUIT HOLDINGS LTD6098.T2.5%
- 6IBIDEN LTD4062.T2.4%
- 7TDK6762.T2.3%
- 8KIOXIA HOLDINGS285A.T2.0%
- 9KDDI9433.T1.8%
- 10KYOCERA6971.T1.5%
These 10 are 49.1% of the fund.
Where the money is invested
Sectors
- Technology34.6%
- Industrials17.8%
- Consumer Cyclical16.2%
- Communication Services13.3%
- Healthcare6.2%
- Basic Materials3.9%
Countries
- Japan99.9%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| 1329JPXiShares Core Nikkei 225 ETF | 0.05% | 2.1T |
| XDJEXETRAXtrackers Nikkei 225 UCITS ETF 2D EUR Hedged | 0.19% | 2.7B |
Assets are shown in each fund's own reporting currency.
How to invest in XDJP 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 XDJP and buy
Find the fund by its ticker, XDJP, on the London Stock Exchange ETF segment, and place your order.
Why invest in XDJP from India
What XDJP holds
The Nikkei Stock Average Index is designed to measure the performance of a select group of major Japanese blue-chip companies listed on the First Section of the Tokyo Stock Exchange. It comprises 225 of the most prominent and actively traded firms, with an emphasis on maintaining balanced representation across different sectors.
Outside US estate tax
XDJP 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 XDJP's UCITS structure matters for Indian investors
XDJP 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 XDJP from India?
Yes. Indian residents can buy Xtrackers Nikkei 225 UCITS ETF (XDJP) 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 XDJP invest in?
Its largest holdings are ADVANTEST (12.3%), TOKYO ELECTRON (8.6%) and FAST RETAILING (8.3%). Technology is its largest sector at 34.6%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of XDJP?
Xtrackers Nikkei 225 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 £2.3B.
Is XDJP a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers Nikkei 225 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 XDJP dividends taxed in India?
Xtrackers Nikkei 225 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 XDJP?
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.