London Stock Exchange ETF segment · UCITS ETF
Invest in XFVT ETF from India
Indian and foreign residents can buy Xtrackers Vietnam Swap UCITS ETF (XFVT) units directly through Paasa.
By Paasa · Updated
XFVT at a glance
- Price
- £29.69+£0.01 (0.04%)
- Expense ratio
- 0.85%
- Day range
- £29.35 – £29.76
- Assets
- £269.6M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2008
- Dividends
- —
- 1 month
- -3.54%
- 6 months
- +3.67%
- YTD
- -3.48%
- 1 year
- +4.97%
- 5 years
- -7.76%
Price change, excluding dividends.
Top 10 holdings
- 1PALANTIR TECHNOLOGIES CLASS A5.3%
- 2TESLA INC5.0%
- 3APPLE4.9%
- 4AMAZON COM INC4.8%
- 5NVIDIA3.3%
- 6DATADOG INC CLASS A3.1%
- 7EXXONMOBIL HOLDINGS CORP3.0%
- 8MICRON TECHNOLOGY2.8%
- 9ALPHABET CLASS A2.7%
- 10NESTLE SA2.5%
These 10 are 37.4% of the fund.
Where the money is invested
Sectors
- Technology27.9%
- Consumer Cyclical16.5%
- Communication Services14.1%
- Financial Services10.9%
- Industrials10.7%
- Consumer Defensive8.6%
Countries
- United States99.0%
- Switzerland2.6%
- Sweden1.3%
- Germany0.7%
- Israel0.3%
- Bermuda0.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XVTDLSEXtrackers Vietnam Swap UCITS ETF 1C | 0.85% | 357.6M |
Assets are shown in each fund's own reporting currency.
How to invest in XFVT 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 XFVT and buy
Find the fund by its ticker, XFVT, on the London Stock Exchange ETF segment, and place your order.
Why invest in XFVT from India
What XFVT holds
The underlying index for this ETF, the STOXX Vietnam Total Market Liquid Index (GTR, USD), is designed to replicate the returns of the Vietnamese equity market, specifically focusing on publicly traded companies. To maintain market efficiency, businesses failing to meet predefined liquidity criteria are excluded from the index.
Outside US estate tax
XFVT 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 XFVT's UCITS structure matters for Indian investors
XFVT 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 XFVT from India?
Yes. Indian residents can buy Xtrackers Vietnam Swap UCITS ETF (XFVT) 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 XFVT invest in?
Its largest holdings are PALANTIR TECHNOLOGIES CLASS A (5.3%), TESLA INC (5.0%) and APPLE (4.9%). Technology is its largest sector at 27.9%. The fund is domiciled in Luxembourg.
What is the expense ratio of XFVT?
Xtrackers Vietnam Swap UCITS ETF has an expense ratio of 0.85% a year, taken from the fund's assets rather than billed to you. The fund manages about £269.6M.
Is XFVT a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers Vietnam 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 XFVT?
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.