XETRA · UCITS ETF
Invest in XDND ETF from India
Indian and foreign residents can buy Xtrackers MSCI North America High Dividend Yield UCITS ETF (XDND) units directly through Paasa.
By Paasa · Updated
XDND at a glance
- Price
- €61.03+€0.17 (0.28%)
- Expense ratio
- 0.39%
- Day range
- €60.91 – €61.07
- Assets
- €200.9M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2014
- Dividends
- —
- 1 month
- -1.74%
- 6 months
- +8.56%
- YTD
- +15.98%
- 1 year
- +19.34%
- 5 years
- +56.93%
Price change, excluding dividends.
Top 10 holdings
- 1EXXONMOBIL HOLDINGS CORP4.9%
- 2JOHNSON & JOHNSON4.8%
- 3CISCO SYSTEMS INC3.1%
- 4CHEVRON2.8%
- 5MERCK & CO INC2.7%
- 6PROCTER & GAMBLE2.6%
- 7UNITEDHEALTH GROUP2.5%
- 8COCA-COLA2.5%
- 9PHILIP MORRIS INTERNATIONAL2.2%
- 10HOME DEPOT2.1%
These 10 are 30.2% of the fund.
Where the money is invested
Sectors
- Healthcare19.7%
- Industrials13.6%
- Consumer Defensive13.1%
- Energy12.8%
- Technology11.8%
- Financial Services11.4%
Countries
- United States90.6%
- Canada5.4%
- Ireland3.2%
- Switzerland0.5%
- United Kingdom0.2%
- Bermuda0.1%
How to invest in XDND 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 EUR when you buy.
Step 3
Search XDND and buy
Find the fund by its ticker, XDND, on XETRA, and place your order.
Why invest in XDND from India
What XDND holds
This index aims to track the performance of large and mid-capitalization companies from the United States and Canada. These firms are specifically chosen for exhibiting superior dividend distributions and robust quality characteristics compared to their peers, with the selection process guided by thorough quality screenings and an analysis of dividend income.
Outside US estate tax
XDND 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 XDND's UCITS structure matters for Indian investors
XDND 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 XDND from India?
Yes. Indian residents can buy Xtrackers MSCI North America High Dividend Yield UCITS ETF (XDND) through Paasa. It is listed on XETRA and trades in EUR. 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 XDND invest in?
Its largest holdings are EXXONMOBIL HOLDINGS CORP (4.9%), JOHNSON & JOHNSON (4.8%) and CISCO SYSTEMS INC (3.1%). Healthcare is its largest sector at 19.7%. The fund is domiciled in Ireland.
What is the expense ratio of XDND?
Xtrackers MSCI North America High Dividend Yield UCITS ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about €200.9M.
Is XDND a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI North America High Dividend Yield 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 XDND?
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 EUR/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.