XETRA · UCITS ETF
Invest in XGVD ETF from India
Indian and foreign residents can buy Xtrackers II Global Government Bond UCITS ETF (XGVD) units directly through Paasa.
By Paasa · Updated
XGVD at a glance
- Price
- €163.91-€0.01 (0.00%)
- Expense ratio
- 0.25%
- Day range
- €163.91 – €164.32
- Assets
- €2.1B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2008
- Dividends
- Distributing
- 1 month
- -2.25%
- 6 months
- -3.91%
- YTD
- -5.96%
- 1 year
- -6.51%
- 5 years
- -24.28%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY NOTE0.4%
- 2TREASURY NOTE0.4%
- 3TREASURY NOTE0.4%
- 4TREASURY NOTE0.4%
- 5TREASURY NOTE0.4%
- 6TREASURY NOTE0.4%
- 7TREASURY NOTE0.4%
- 8TREASURY NOTE0.4%
- 9TREASURY NOTE0.4%
- 10TREASURY NOTE0.4%
These 10 are 3.8% of the fund.
Where the money is invested
Sectors
- Government99.2%
- Corporate0.0%
- Securitized0.0%
Countries
- United States47.2%
- Japan9.9%
- France7.3%
- Italy6.5%
- United Kingdom6.0%
- Germany5.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XGSILSEXtrackers II Global Government Bond UCITS ETF 3C USD Hedged | 0.25% | 2.4B |
| DBZBXETRAXtrackers II Global Government Bond UCITS ETF 1C EUR Hedged | 0.25% | 2.1B |
| XGSGLSEXtrackers II Global Government Bond UCITS ETF 2D GBP Hedged | 0.25% | 1.8B |
| X03HSIXXtrackers II Global Government Bond UCITS ETF 4C CHF Hedged | 0.25% | 2.0B |
| XGGBLSEXtrackers II Global Government Bond UCITS ETF 5C | 0.2% | 2.4B |
Assets are shown in each fund's own reporting currency.
How to invest in XGVD 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 XGVD and buy
Find the fund by its ticker, XGVD, on XETRA, and place your order.
Why invest in XGVD from India
What XGVD holds
This fund seeks to replicate the returns of the FTSE World Government Bond Index - Developed Markets (EUR Hedged), which targets fixed-rate government bonds from developed nations. It provides comprehensive coverage across the entire yield curve, including securities with at least one year until maturity, and exclusively features investment-grade debt.
Outside US estate tax
XGVD 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 XGVD's UCITS structure matters for Indian investors
XGVD 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 XGVD from India?
Yes. Indian residents can buy Xtrackers II Global Government Bond UCITS ETF (XGVD) 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 XGVD invest in?
Its largest holdings are TREASURY NOTE (0.4%), TREASURY NOTE (0.4%) and TREASURY NOTE (0.4%). Corporate is its largest sector at 0.0%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of XGVD?
Xtrackers II Global Government Bond UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €2.1B.
Is XGVD a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II Global Government 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.
How are XGVD dividends taxed in India?
Xtrackers II Global Government Bond UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell XGVD?
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.