London Stock Exchange ETF segment · UCITS ETF
Invest in XLPS ETF from India
Indian and foreign residents can buy Invesco Consumer Staples S&P US Select Sector UCITS ETF (XLPS) units directly through Paasa.
By Paasa · Updated
XLPS at a glance
- Price
- $741.60-$3.40 (0.46%)
- Expense ratio
- 0.14%
- Day range
- $738.60 – $752.30
- Assets
- $36.1M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2009
- Dividends
- —
- 1 month
- -1.90%
- 6 months
- +0.05%
- YTD
- +6.73%
- 1 year
- +7.73%
- 5 years
- +38.89%
Price change, excluding dividends.
Top 10 holdings
- 1WALMART ORDWMT16.7%
- 2COSTCO WHOLESALE ORDCOST14.1%
- 3COCA-COLA ORDKO11.2%
- 4PROCTER & GAMBLE ORDPG11.1%
- 5PHILIP MORRIS INTERNATIONAL ORDPM9.8%
- 6PEPSICO ORDPEP6.3%
- 7ALTRIA GROUP ORDMO3.6%
- 8MONDELEZ INTERNATIONAL CL A ORDMDLZ2.7%
- 9COLGATE PALMOLIVE ORDCL2.4%
- 10TARGET ORDTGT2.3%
These 10 are 80.3% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical98.8%
- Technology1.2%
Countries
- United States100.0%
How to invest in XLPS 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 XLPS and buy
Find the fund by its ticker, XLPS, on the London Stock Exchange ETF segment, and place your order.
Why invest in XLPS from India
What XLPS holds
The Invesco Consumer Staples S&P US Select Sector UCITS ETF Acc aims to mirror the net total return performance of the S&P Select Sector Capped 20% Consumer Staples Index, after accounting for all associated costs. This benchmark is composed of companies within the consumer staples industry from the S&P 500 Index.
Outside US estate tax
XLPS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
XLPS 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 XLPS' UCITS structure matters for Indian investors
XLPS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy XLPS from India?
Yes. Indian residents can buy Invesco Consumer Staples S&P US Select Sector UCITS ETF (XLPS) 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 XLPS invest in?
Its largest holdings are WALMART ORD (16.7%), COSTCO WHOLESALE ORD (14.1%) and COCA-COLA ORD (11.2%). Consumer Cyclical is its largest sector at 98.8%. The fund is domiciled in Ireland.
What is the expense ratio of XLPS?
Invesco Consumer Staples S&P US Select Sector UCITS ETF has an expense ratio of 0.14% a year, taken from the fund's assets rather than billed to you. The fund manages about $36.1M.
Is XLPS a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco Consumer Staples S&P US Select Sector UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
What tax do I pay in India when I sell XLPS?
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 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.