London Stock Exchange ETF segment · UCITS ETF
Invest in XFFE ETF from India
Indian and foreign residents can buy Xtrackers II Overnight Rate Swap UCITS ETF (XFFE) units directly through Paasa.
By Paasa · Updated
XFFE at a glance
- Price
- $215.70+$0.00 (0.00%)
- Expense ratio
- 0.1%
- Day range
- $215.70 – $215.80
- Assets
- $358.7M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- +0.29%
- 6 months
- +1.79%
- YTD
- +2.70%
- 1 year
- +3.68%
- 5 years
- +20.31%
Price change, excluding dividends.
Top 10 holdings
- 1WI TREASURY BOND11.4%
- 2TREASURY BOND8.9%
- 3FRANCE (REPUBLIC OF)8.2%
- 4TREASURY BOND8.1%
- 5TREASURY BOND7.2%
- 6KOMMUNEKREDIT7.2%
- 7TREASURY NOTE5.9%
- 8UK CONV GILT4.6%
- 9EUROPEAN UNION4.5%
- 10TREASURY BOND4.1%
These 10 are 70.0% of the fund.
Where the money is invested
Countries
- United States50.0%
- France22.3%
- Denmark7.2%
- Other4.8%
- United Kingdom4.7%
- Spain3.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DBXTXETRAXtrackers II EUR Overnight Rate Swap UCITS ETF | 0.1% | 24.2B |
| XSTRLSEXtrackers II GBP Overnight Rate Swap UCITS ETF 1D | 0.1% | 194.8M |
Assets are shown in each fund's own reporting currency.
How to invest in XFFE 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 XFFE and buy
Find the fund by its ticker, XFFE, on the London Stock Exchange ETF segment, and place your order.
Why invest in XFFE from India
What XFFE holds
The Solactive FEDL Daily Total Return Index gauges the performance of a daily-revolving deposit, which accrues interest based on the federal funds effective rate – a key short-term money market benchmark in the United States. This specific rate is determined by the Federal Open Market Committee (FOMC) during its scheduled meetings.
Outside US estate tax
XFFE 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
XFFE 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 XFFE's UCITS structure matters for Indian investors
XFFE 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 XFFE from India?
Yes. Indian residents can buy Xtrackers II Overnight Rate Swap UCITS ETF (XFFE) 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 XFFE invest in?
Its largest holdings are WI TREASURY BOND (11.4%), TREASURY BOND (8.9%) and FRANCE (REPUBLIC OF) (8.2%). The fund is domiciled in Luxembourg.
What is the expense ratio of XFFE?
Xtrackers II Overnight Rate Swap UCITS ETF has an expense ratio of 0.1% a year, taken from the fund's assets rather than billed to you. The fund manages about $358.7M.
Is XFFE a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II Overnight Rate Swap 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 XFFE?
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 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.