London Stock Exchange ETF segment · UCITS ETF
Invest in XDNY ETF from India
Indian and foreign residents can buy Xtrackers MSCI Japan Screened UCITS ETF (XDNY) units directly through Paasa.
By Paasa · Updated
XDNY at a glance
- Price
- $23.99+$0.43 (1.83%)
- Expense ratio
- 0.15%
- Day range
- $23.99 – $24.15
- Assets
- $537.7M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2015
- Dividends
- Distributing
- 1 month
- +1.87%
- 6 months
- +19.83%
- YTD
- +19.65%
- 1 year
- +26.00%
- 5 years
- +39.96%
Price change, excluding dividends.
Top 10 holdings
- 1MITSUBISHI UFJ FINANCIAL GROUP4.9%
- 2TOYOTA MOTOR3.6%
- 3TOKYO ELECTRON3.3%
- 4HITACHI3.2%
- 5ADVANTEST3.2%
- 6SUMITOMO MITSUI FINANCIAL GROUP3.1%
- 7SOFTBANK GROUP2.9%
- 8RECRUIT HOLDINGS LTD2.9%
- 9SONY GROUP2.8%
- 10KIOXIA HOLDINGS2.6%
These 10 are 32.5% 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 |
| XDNGLSEXtrackers MSCI Japan Screened UCITS ETF 2D GBP Hedged | 0.25% | 405.7M |
| XDNULSEXtrackers MSCI Japan Screened UCITS ETF 4C USD Hedged | 0.25% | 537.7M |
Assets are shown in each fund's own reporting currency.
How to invest in XDNY 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 XDNY and buy
Find the fund by its ticker, XDNY, on the London Stock Exchange ETF segment, and place your order.
Why invest in XDNY from India
What XDNY holds
This ETF seeks to mirror the returns of the MSCI Japan Select Screened index, which concentrates on leading and mid-tier Japanese corporations. A key characteristic of this index is its stringent environmental, social, and governance (ESG) filtering, which eliminates companies failing to adhere to specific ethical benchmarks.
Outside US estate tax
XDNY 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
XDNY 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 XDNY's UCITS structure matters for Indian investors
XDNY 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 XDNY from India?
Yes. Indian residents can buy Xtrackers MSCI Japan Screened UCITS ETF (XDNY) 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 XDNY invest in?
Its largest holdings are MITSUBISHI UFJ FINANCIAL GROUP (4.9%), TOYOTA MOTOR (3.6%) and TOKYO ELECTRON (3.3%). Industrials is its largest sector at 22.9%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of XDNY?
Xtrackers MSCI Japan Screened UCITS ETF has an expense ratio of 0.15% a year, taken from the fund's assets rather than billed to you. The fund manages about $537.7M.
Is XDNY 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.
How are XDNY dividends taxed in India?
Xtrackers MSCI Japan Screened 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 XDNY?
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.