SIX Swiss Exchange · UCITS ETF
Invest in XDPC ETF from India
Indian and foreign residents can buy Xtrackers S&P 500 UCITS ETF (XDPC) units directly through Paasa.
By Paasa · Updated
XDPC at a glance
- Price
- CHF 67.95+CHF 0.02 (0.03%)
- Expense ratio
- 0.05%
- Day range
- CHF 67.66 – CHF 67.99
- Assets
- CHF 3.5B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2015
- Dividends
- —
- 1 month
- -0.73%
- 6 months
- +17.30%
- YTD
- +8.58%
- 1 year
- +11.25%
- 5 years
- +51.88%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA8.3%
- 2APPLE7.3%
- 3MICROSOFT5.7%
- 4AMAZON COM INC3.7%
- 5ALPHABET CLASS A3.0%
- 6BROADCOM INC2.6%
- 7META PLATFORMS CLASS A2.5%
- 8ALPHABET CLASS C2.4%
- 9MICRON TECHNOLOGY1.8%
- 10TESLA INC1.5%
These 10 are 38.7% of the fund.
Where the money is invested
Sectors
- Technology40.1%
- Financial Services11.3%
- Communication Services9.9%
- Healthcare9.1%
- Consumer Cyclical8.7%
- Industrials7.4%
Countries
- United States97.5%
- Ireland1.3%
- United Kingdom0.4%
- Singapore0.3%
- Switzerland0.3%
- Netherlands0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| VOOAMEXVanguard S&P 500 ETF | 0.03% | 1.8T |
| IVVAMEXiShares Core S&P 500 ETF | 0.03% | 883.8B |
| CSPXLSEiShares Core S&P 500 UCITS ETF | 0.07% | 155.0B |
| VUAALSEVanguard S&P 500 UCITS ETF (USD) Accumulating | 0.07% | 89.2B |
| SPXSLSEInvesco S&P 500 UCITS ETF | 0.05% | 59.9B |
Assets are shown in each fund's own reporting currency.
How to invest in XDPC 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 CHF when you buy.
Step 3
Search XDPC and buy
Find the fund by its ticker, XDPC, on the SIX Swiss Exchange, and place your order.
Why invest in XDPC from India
What XDPC holds
The investment objective of the Fund is to track the performance before fees and expenses of the Underlying Asset, which is the S&P 500 Index (the Reference Index).The Reference Index is designed to reflect the performance of shares of 500 companies representing all major US industries.
Outside US estate tax
XDPC 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 XDPC's UCITS structure matters for Indian investors
XDPC 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 XDPC from India?
Yes. Indian residents can buy Xtrackers S&P 500 UCITS ETF (XDPC) through Paasa. It is listed on the SIX Swiss Exchange and trades in CHF. 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 XDPC invest in?
Its largest holdings are NVIDIA (8.3%), APPLE (7.3%) and MICROSOFT (5.7%). Technology is its largest sector at 40.1%. The fund is domiciled in Ireland.
What is the expense ratio of XDPC?
Xtrackers S&P 500 UCITS ETF has an expense ratio of 0.05% a year, taken from the fund's assets rather than billed to you. The fund manages about CHF 3.5B.
Is XDPC a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers S&P 500 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 XDPC?
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 CHF/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.