SIX Swiss Exchange · UCITS ETF
Invest in XMOV ETF from India
Indian and foreign residents can buy Xtrackers Future Mobility UCITS ETF (XMOV) units directly through Paasa.
By Paasa · Updated
XMOV at a glance
- Price
- $133.42+$0.26 (0.20%)
- Expense ratio
- 0.35%
- Day range
- $133.42 – $133.44
- Assets
- $208.6M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2019
- Dividends
- —
- 1 month
- -2.29%
- 6 months
- +15.84%
- YTD
- +9.56%
- 1 year
- +18.70%
- 5 years
- +74.22%
Price change, excluding dividends.
Top 10 holdings
- 1HITACHI6.1%
- 2AT&T5.7%
- 3NVIDIA5.5%
- 4TOYOTA MOTOR5.3%
- 5ADVANCED MICRO DEVICES5.1%
- 6QUALCOMM4.8%
- 7UBER TECHNOLOGIES4.6%
- 8ABB LTD4.3%
- 9BYD H4.1%
- 10TESLA INC4.1%
These 10 are 49.5% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical35.2%
- Technology30.9%
- Industrials23.9%
- Communication Services6.2%
- Basic Materials3.8%
Countries
- United States43.3%
- Japan22.9%
- China11.8%
- Germany5.6%
- Switzerland4.3%
- Korea (the Republic of)4.3%
How to invest in XMOV 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 XMOV and buy
Find the fund by its ticker, XMOV, on the SIX Swiss Exchange, and place your order.
Why invest in XMOV from India
What XMOV holds
The Nasdaq Global Future Mobility Index is designed to replicate the financial performance of a distinct segment of the worldwide market. This segment encompasses large, mid, and small-capitalization firms operating across both developed and emerging economies.
Outside US estate tax
XMOV 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
XMOV 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 XMOV's UCITS structure matters for Indian investors
XMOV 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 XMOV from India?
Yes. Indian residents can buy Xtrackers Future Mobility UCITS ETF (XMOV) through Paasa. It is listed on the SIX Swiss Exchange 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 XMOV invest in?
Its largest holdings are HITACHI (6.1%), AT&T (5.7%) and NVIDIA (5.5%). Consumer Cyclical is its largest sector at 35.2%. The fund is domiciled in Ireland.
What is the expense ratio of XMOV?
Xtrackers Future Mobility UCITS ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $208.6M.
Is XMOV a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers Future Mobility 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 XMOV?
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.