London Stock Exchange ETF segment · UCITS ETF
Invest in XMME ETF from India
Indian and foreign residents can buy Xtrackers MSCI Emerging Markets UCITS ETF (XMME) units directly through Paasa.
By Paasa · Updated
XMME at a glance
- Price
- $92.81-$0.48 (0.51%)
- Expense ratio
- 0.18%
- Day range
- $92.81 – $93.62
- Assets
- $15.1B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2017
- Dividends
- —
- 1 month
- -1.52%
- 6 months
- +21.48%
- YTD
- +22.99%
- 1 year
- +28.00%
- 5 years
- +54.03%
Price change, excluding dividends.
Top 10 holdings
- 1TAIWAN SEMICONDUCTOR MANUFACTURING15.5%
- 2SAMSUNG ELECTRONICS LTD7.6%
- 3SK HYNIX5.8%
- 4TENCENT HOLDINGS2.7%
- 5ALIBABA GROUP HOLDING1.8%
- 6MEDIATEK1.8%
- 7SAMSUNG ELECTRONICS NON VOTING PRE1.0%
- 8DELTA ELECTRONICS0.9%
- 9CHINA CONSTRUCTION BANK CORP H0.8%
- 10HON HAI PRECISION INDUSTRY0.8%
These 10 are 38.9% of the fund.
Where the money is invested
Sectors
- Technology42.0%
- Financial Services19.4%
- Consumer Cyclical8.2%
- Basic Materials6.3%
- Industrials6.3%
- Communication Services6.1%
Countries
- Taiwan28.5%
- South Korea21.7%
- China17.4%
- India10.6%
- Brazil3.9%
- South Africa2.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EEMAMEXiShares MSCI Emerging Markets ETF | 0.72% | 31.2B |
| IEMGAMEXiShares Core MSCI Emerging Markets ETF | 0.09% | 161.6B |
| HMEMLSEHSBC MSCI Emerging Markets UCITS ETF | 0.15% | 6.2B |
| EL40XETRADeka MSCI Emerging Markets UCITS ETF | 0.4% | 300.5M |
| HEMALSEHSBC MSCI Emerging Markets UCITS ETF | 0.15% | 6.2B |
Assets are shown in each fund's own reporting currency.
How to invest in XMME 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 XMME and buy
Find the fund by its ticker, XMME, on the London Stock Exchange ETF segment, and place your order.
Why invest in XMME from India
What XMME holds
This index, the MSCI Total Return Net Emerging Markets Index, is constructed to mirror the investment performance of large and medium-sized companies situated across global emerging economies. It encompasses approximately 85% of the free-float market capitalization, with constituents weighted based on their free-float adjusted market capitalization.
Outside US estate tax
XMME 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
XMME 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 XMME's UCITS structure matters for Indian investors
XMME 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 XMME from India?
Yes. Indian residents can buy Xtrackers MSCI Emerging Markets UCITS ETF (XMME) 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 XMME invest in?
Its largest holdings are TAIWAN SEMICONDUCTOR MANUFACTURING (15.5%), SAMSUNG ELECTRONICS LTD (7.6%) and SK HYNIX (5.8%). Technology is its largest sector at 42.0%. The fund is domiciled in Ireland.
What is the expense ratio of XMME?
Xtrackers MSCI Emerging Markets UCITS ETF has an expense ratio of 0.18% a year, taken from the fund's assets rather than billed to you. The fund manages about $15.1B.
Is XMME a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Emerging Markets 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 XMME?
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.