London Stock Exchange ETF segment · UCITS ETF
Invest in XDNU ETF from India
Indian and foreign residents can buy Xtrackers MSCI Japan Screened UCITS ETF (XDNU) units directly through Paasa.
By Paasa · Updated
XDNU at a glance
- Price
- $55.27-$0.01 (0.01%)
- Expense ratio
- 0.25%
- Day range
- $55.27 – $55.27
- Assets
- $537.7M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2015
- Dividends
- —
- 1 month
- -1.68%
- 6 months
- +18.85%
- YTD
- +22.21%
- 1 year
- +35.62%
- 5 years
- +152.87%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GRO5.0%
- 2TOYOTA MOTOR CORP3.7%
- 3SUMITOMO MITSUI FINANCIAL GR3.2%
- 4HITACHI LTD3.1%
- 5TOKYO ELECTRON LTD3.1%
- 6ADVANTEST CORP3.1%
- 7SOFTBANK GROUP CORP3.0%
- 8RECRUIT HOLDINGS CO LTD2.8%
- 9SONY GROUP CORP2.8%
- 10KIOXIA HOLDINGS CORP2.6%
These 10 are 32.3% of the fund.
Where the money is invested
Sectors
- Industrials22.9%
- Technology22.2%
- Financial Services20.1%
- Consumer Cyclical10.7%
- Communication Services10.1%
- Healthcare5.9%
Countries
- Japan99.9%
- Other0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SDJPLSEiShares MSCI Japan Screened UCITS ETF | 0.15% | 502.3M |
| XDNEXETRAXtrackers MSCI Japan Screened UCITS ETF 3C EUR Hedged | 0.25% | 472.9M |
| XDNYLSEXtrackers MSCI Japan Screened UCITS ETF 1D | 0.15% | 537.7M |
| XDNGLSEXtrackers MSCI Japan Screened UCITS ETF 2D GBP Hedged | 0.25% | 405.7M |
Assets are shown in each fund's own reporting currency.
How to invest in XDNU 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.
Step 3
Search XDNU and buy
Find the fund by its ticker, XDNU, on the London Stock Exchange ETF segment, and place your order.
Why invest in XDNU from India
What XDNU holds
This ETF seeks to replicate the performance of a carefully selected universe of large and mid-capitalization Japanese companies. It rigorously applies ESG (Environmental, Social, and Governance) screening criteria, excluding companies associated with controversial weapons, those rated 'CCC' or unrated by MSCI ESG, or generating substantial revenue from tobacco, conventional weapons, nuclear weapons, civilian firearms, thermal coal, unconventional/arctic oil and gas extraction, or palm oil.
Outside US estate tax
XDNU is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
XDNU is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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 XDNU's UCITS structure matters for Indian investors
XDNU 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 XDNU from India?
Yes. Indian residents can buy Xtrackers MSCI Japan Screened UCITS ETF (XDNU) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. 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 XDNU invest in?
Its largest holdings are MITSUBISHI UFJ FINANCIAL GRO (5.0%), TOYOTA MOTOR CORP (3.7%) and SUMITOMO MITSUI FINANCIAL GR (3.2%). Industrials is its largest sector at 22.9%. The fund is domiciled in Ireland.
What is the expense ratio of XDNU?
Xtrackers MSCI Japan Screened 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 $537.7M.
Is XDNU a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Japan Screened 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 XDNU?
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 USD/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.