XETRA · UCITS ETF
Invest in XEIN ETF from India
Indian and foreign residents can buy Xtrackers II Eurozone Inflation-Linked Bond UCITS ETF (XEIN) units directly through Paasa.
By Paasa · Updated
XEIN at a glance
- Price
- €239.52-€0.02 (0.01%)
- Expense ratio
- 0.15%
- Day range
- €239.36 – €240.62
- Assets
- €425.7M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -2.34%
- 6 months
- -0.87%
- YTD
- +0.08%
- 1 year
- +0.26%
- 5 years
- -2.35%
Price change, excluding dividends.
Top 10 holdings
- 1FRANCE (REPUBLIC OF)4.9%
- 2GERMANY (FEDERAL REPUBLIC OF)4.7%
- 3FRANCE (REPUBLIC OF)4.6%
- 4SPAIN (KINGDOM OF)4.4%
- 5SPAIN (KINGDOM OF)4.4%
- 6FRANCE (REPUBLIC OF)4.0%
- 7SPAIN (KINGDOM OF)3.8%
- 8ITALY (REPUBLIC OF)3.8%
- 9FRANCE (REPUBLIC OF)3.6%
- 10ITALY (REPUBLIC OF)3.5%
These 10 are 41.7% of the fund.
Where the money is invested
Countries
- France41.2%
- Italy33.9%
- Spain15.8%
- Germany9.1%
- Other0.0%
How to invest in XEIN 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 XEIN and buy
Find the fund by its ticker, XEIN, on XETRA, and place your order.
Why invest in XEIN from India
What XEIN holds
The Bloomberg Euro Government Inflation-Linked Bond Index is designed to mirror the performance of a specific segment of the bond market. This includes Euro-denominated, inflation-indexed government bonds issued by countries within the Eurozone.
Outside US estate tax
XEIN 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 XEIN's UCITS structure matters for Indian investors
XEIN 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 XEIN from India?
Yes. Indian residents can buy Xtrackers II Eurozone Inflation-Linked Bond UCITS ETF (XEIN) 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 XEIN invest in?
Its largest holdings are FRANCE (REPUBLIC OF) (4.9%), GERMANY (FEDERAL REPUBLIC OF) (4.7%) and FRANCE (REPUBLIC OF) (4.6%). The fund is domiciled in Luxembourg.
What is the expense ratio of XEIN?
Xtrackers II Eurozone Inflation-Linked Bond 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 €425.7M.
Is XEIN a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II Eurozone Inflation-Linked Bond 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.
What tax do I pay in India when I sell XEIN?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.