London Stock Exchange ETF segment · UCITS ETF
Invest in XLPE ETF from India
Indian and foreign residents can buy Xtrackers LPX Private Equity Swap UCITS ETF (XLPE) units directly through Paasa.
By Paasa · Updated
XLPE at a glance
- Price
- £94.01+£0.80 (0.86%)
- Expense ratio
- 0.7%
- Day range
- £94.01 – £94.12
- Assets
- £222.1M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2008
- Dividends
- —
- 1 month
- -8.40%
- 6 months
- +6.47%
- YTD
- -15.72%
- 1 year
- -16.75%
- 5 years
- +11.70%
Price change, excluding dividends.
Top 10 holdings
- 1CORECIVIC REITCXW4.4%
- 2MICROSOFTMSFT4.3%
- 3LINDE PLCLIN.DE4.3%
- 4PHILLIPSPSX4.2%
- 5CME GROUP CLASS ACME4.2%
- 6AMAZON COM INCAMZN4.2%
- 7COSTCO WHOLESALE CORPCOST4.0%
- 8FORTINETFTNT4.0%
- 9ARCUTIS BIOTHERAPEUTICSARQT2.7%
- 10MICRON TECHNOLOGYMU2.3%
These 10 are 38.7% of the fund.
Where the money is invested
Sectors
- Healthcare22.4%
- Technology17.0%
- Basic Materials15.2%
- Financial Services13.3%
- Consumer Cyclical7.8%
- Real Estate5.8%
Countries
- United States84.2%
- United Kingdom4.8%
- Finland3.9%
- Germany2.6%
- Bermuda2.2%
- Brazil1.8%
How to invest in XLPE 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 XLPE and buy
Find the fund by its ticker, XLPE, on the London Stock Exchange ETF segment, and place your order.
Why invest in XLPE from India
What XLPE holds
The LPX Major Market Index is designed to track the performance of publicly traded private equity companies across the globe. It specifically comprises the 25 most liquid firms within this sector, with each company's weighting determined by its free-float adjusted market capitalization.
Outside US estate tax
XLPE 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 XLPE's UCITS structure matters for Indian investors
XLPE 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 XLPE from India?
Yes. Indian residents can buy Xtrackers LPX Private Equity Swap UCITS ETF (XLPE) 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 XLPE invest in?
Its largest holdings are CORECIVIC REIT (4.4%), MICROSOFT (4.3%) and LINDE PLC (4.3%). Healthcare is its largest sector at 22.4%. The fund is domiciled in Luxembourg.
What is the expense ratio of XLPE?
Xtrackers LPX Private Equity Swap UCITS ETF has an expense ratio of 0.7% a year, taken from the fund's assets rather than billed to you. The fund manages about £222.1M.
Is XLPE a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers LPX Private Equity 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 XLPE?
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.