London Stock Exchange ETF segment · UCITS ETF
Invest in XEOU ETF from India
Indian and foreign residents can buy Xtrackers MSCI Europe UCITS ETF (XEOU) units directly through Paasa.
By Paasa · Updated
XEOU at a glance
- Price
- $23.48+$0.09 (0.36%)
- Expense ratio
- 0.3%
- Day range
- $23.48 – $23.48
- Assets
- $9.6B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -1.90%
- 6 months
- +14.74%
- YTD
- +11.89%
- 1 year
- +19.83%
- 5 years
- +77.67%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV4.9%
- 2HSBC HOLDINGS PLC2.5%
- 3ROCHE HOLDING AG2.2%
- 4SHELL PLC2.0%
- 5NOVARTIS AG REG1.9%
- 6ASTRAZENECA PLC1.8%
- 7NESTLE SA REG1.7%
- 8SIEMENS AG REG1.7%
- 9SAP SE1.5%
- 10BANCO SANTANDER SA1.5%
These 10 are 21.8% of the fund.
Where the money is invested
Sectors
- Financial Services25.4%
- Industrials19.2%
- Healthcare12.8%
- Technology9.2%
- Consumer Defensive7.8%
- Consumer Cyclical6.3%
Countries
- United Kingdom21.6%
- Switzerland15.2%
- Germany13.5%
- France13.3%
- Netherlands10.4%
- Spain6.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEURAMEXiShares Core MSCI Europe ETF | 0.1% | 9.4B |
| SMEALSEiShares Core MSCI Europe UCITS ETF EUR (Acc) | 0.12% | 13.6B |
| ISEULSEiShares Core MSCI Europe UCITS ETF | 0.12% | 12.0B |
| XMEDLSEXtrackers MSCI Europe UCITS ETF 1C | 0.12% | 9.6B |
| DBEUAMEXXtrackers MSCI Europe Hedged Equity ETF | 0.45% | 774.5M |
Assets are shown in each fund's own reporting currency.
How to invest in XEOU 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 XEOU and buy
Find the fund by its ticker, XEOU, on the London Stock Exchange ETF segment, and place your order.
Why invest in XEOU from India
What XEOU holds
The MSCI Total Return Net Europe Index is designed to emulate the financial performance of leading large and mid-capitalization companies across developed European markets. It encompasses roughly 85% of the total free-float market capitalization within this segment.
Outside US estate tax
XEOU is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
XEOU 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 XEOU's UCITS structure matters for Indian investors
XEOU 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 XEOU from India?
Yes. Indian residents can buy Xtrackers MSCI Europe UCITS ETF (XEOU) 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 XEOU invest in?
Its largest holdings are ASML HOLDING NV (4.9%), HSBC HOLDINGS PLC (2.5%) and ROCHE HOLDING AG (2.2%). Financial Services is its largest sector at 25.4%. The fund is domiciled in Luxembourg.
What is the expense ratio of XEOU?
Xtrackers MSCI Europe UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about $9.6B.
Is XEOU a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Europe 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 XEOU?
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.