London Stock Exchange ETF segment · UCITS ETF
Invest in XEUM ETF from India
Indian and foreign residents can buy Xtrackers MSCI Europe Screened UCITS ETF (XEUM) units directly through Paasa.
By Paasa · Updated
XEUM at a glance
- Price
- £177.07-£0.36 (0.20%)
- Expense ratio
- 0.12%
- Day range
- £177.07 – £177.07
- Assets
- £72.2M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2008
- Dividends
- —
- 1 month
- -2.45%
- 6 months
- +9.65%
- YTD
- +7.60%
- 1 year
- +15.00%
- 5 years
- +55.42%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING5.7%
- 2HSBC HOLDINGS PLC2.6%
- 3ROCHE PS PAR AG2.4%
- 4TOTALENERGIES2.3%
- 5NOVARTIS AG2.2%
- 6ASTRAZENECA PLC2.0%
- 7SIEMENS N AG1.9%
- 8SAP1.7%
- 9BANCO SANTANDER1.5%
- 10SCHNEIDER ELECTRIC1.5%
These 10 are 23.9% of the fund.
Where the money is invested
Sectors
- Financial Services26.3%
- Industrials18.3%
- Healthcare13.7%
- Technology10.2%
- Consumer Defensive7.5%
- Consumer Cyclical5.5%
Countries
- United Kingdom19.2%
- France15.0%
- Switzerland13.6%
- Germany13.0%
- Netherlands10.7%
- Sweden5.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SAEULSEiShares MSCI Europe Screened UCITS ETF EUR (Acc) | 0.12% | 4.1B |
| SDUELSEiShares MSCI Europe Screened UCITS ETF | 0.12% | 413.6M |
Assets are shown in each fund's own reporting currency.
How to invest in XEUM 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 GBP when you buy.
Step 3
Search XEUM and buy
Find the fund by its ticker, XEUM, on the London Stock Exchange ETF segment, and place your order.
Why invest in XEUM from India
What XEUM holds
This ETF aims to track the performance of large and mid-capitalization companies across developed European markets. The selection process filters out companies that fail to adhere to defined ESG standards.
Outside US estate tax
XEUM 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 XEUM's UCITS structure matters for Indian investors
XEUM 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 XEUM from India?
Yes. Indian residents can buy Xtrackers MSCI Europe Screened UCITS ETF (XEUM) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 XEUM invest in?
Its largest holdings are ASML HOLDING (5.7%), HSBC HOLDINGS PLC (2.6%) and ROCHE PS PAR AG (2.4%). Financial Services is its largest sector at 26.3%. The fund is domiciled in Luxembourg.
What is the expense ratio of XEUM?
Xtrackers MSCI Europe Screened UCITS ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about £72.2M.
Is XEUM a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Europe Screened 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 XEUM?
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 GBP/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.