London Stock Exchange ETF segment · UCITS ETF
Invest in XMLA ETF from India
Indian and foreign residents can buy Xtrackers MSCI EM Latin America ESG Swap UCITS ETF (XMLA) units directly through Paasa.
By Paasa · Updated
XMLA at a glance
- Price
- £43.07-£0.42 (0.95%)
- Expense ratio
- 0.4%
- Day range
- £43.07 – £43.76
- Assets
- £99.2M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -0.81%
- 6 months
- -3.71%
- YTD
- +12.19%
- 1 year
- +21.72%
- 5 years
- +48.19%
Price change, excluding dividends.
Top 10 holdings
- 1SEMTECH8.9%
- 2CROCS8.6%
- 3TE CONNECTIVITY PLC8.5%
- 4WR BERKLEY7.7%
- 5ATI3.9%
- 6AMEREN3.9%
- 7MICRON TECHNOLOGY3.9%
- 8AMERICAN AIRLINES GROUP3.9%
- 9CHARLES RIVER LABORATORIES INTERNA3.8%
- 10ATMOS ENERGY3.8%
These 10 are 56.9% of the fund.
Where the money is invested
Sectors
- Technology37.3%
- Industrials14.8%
- Healthcare13.7%
- Financial Services11.9%
- Consumer Cyclical8.5%
- Utilities4.5%
Countries
- Japan64.9%
- United States23.5%
- Netherlands7.5%
- Germany2.0%
- Other2.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DBX3XETRAXtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C | 0.4% | 116.1M |
| XMLDLSEXtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C | 0.4% | 131.5M |
Assets are shown in each fund's own reporting currency.
How to invest in XMLA 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 XMLA and buy
Find the fund by its ticker, XMLA, on the London Stock Exchange ETF segment, and place your order.
Why invest in XMLA from India
What XMLA holds
This fund seeks to mirror the performance of the MSCI EM Latin America Low Carbon SRI Selection Capped Index, which comprises large and mid-sized companies operating in emerging Latin American economies. The index specifically targets firms that exhibit strong environmental, social, and governance (ESG) characteristics and maintain a comparatively low carbon footprint within their respective sectors.
Outside US estate tax
XMLA 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 XMLA's UCITS structure matters for Indian investors
XMLA 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 XMLA from India?
Yes. Indian residents can buy Xtrackers MSCI EM Latin America ESG Swap UCITS ETF (XMLA) 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 XMLA invest in?
Its largest holdings are SEMTECH (8.9%), CROCS (8.6%) and TE CONNECTIVITY PLC (8.5%). Technology is its largest sector at 37.3%. The fund is domiciled in Luxembourg.
What is the expense ratio of XMLA?
Xtrackers MSCI EM Latin America ESG Swap UCITS ETF has an expense ratio of 0.4% a year, taken from the fund's assets rather than billed to you. The fund manages about £99.2M.
Is XMLA a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI EM Latin America ESG 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 XMLA?
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.