London Stock Exchange ETF segment · UCITS ETF
Invest in XMXD ETF from India
Indian and foreign residents can buy Xtrackers MSCI EM Europe, Middle East & Africa ESG Swap UCITS ETF (XMXD) units directly through Paasa.
By Paasa · Updated
XMXD at a glance
- Price
- $50.27+$0.38 (0.75%)
- Expense ratio
- 0.65%
- Day range
- $50.16 – $50.43
- Assets
- $50.2M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -3.86%
- 6 months
- +9.62%
- YTD
- +2.74%
- 1 year
- +14.12%
- 5 years
- +62.48%
Price change, excluding dividends.
Top 10 holdings
- 1ZSCALERZS8.9%
- 2ADVANCED MICRO DEVICESAMD8.3%
- 3SUNBELT RENTALS HOLDINGS INCSUNB7.8%
- 4MICROSOFTMSFT7.7%
- 5WORKDAY CLASS AWDAY3.4%
- 6ADDTECH CLASS BADDT-B.ST3.3%
- 7INTEL CORPORATION CORPINTC3.3%
- 8TESLA INCTSLA3.2%
- 9ALPHABET CLASS CGOOG3.2%
- 10HUNTINGTON BANCSHARES INCHBAN3.1%
These 10 are 52.3% of the fund.
Where the money is invested
Sectors
- Technology44.3%
- Industrials15.7%
- Healthcare11.1%
- Financial Services9.3%
- Consumer Cyclical7.0%
- Real Estate4.0%
Countries
- United States90.4%
- Sweden10.0%
- Switzerland3.6%
How to invest in XMXD 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 XMXD and buy
Find the fund by its ticker, XMXD, on the London Stock Exchange ETF segment, and place your order.
Why invest in XMXD from India
What XMXD holds
This exchange-traded fund endeavors to mirror the performance of an MSCI index composed of large and mid-capitalization companies located in the emerging markets of Europe, the Middle East, and Africa. The index selects companies based on their strong environmental, social, and governance (ESG) attributes and a relatively low carbon footprint compared to their industry counterparts.
Outside US estate tax
XMXD is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
XMXD 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 XMXD's UCITS structure matters for Indian investors
XMXD 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 XMXD from India?
Yes. Indian residents can buy Xtrackers MSCI EM Europe, Middle East & Africa ESG Swap UCITS ETF (XMXD) 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 XMXD invest in?
Its largest holdings are ZSCALER (8.9%), ADVANCED MICRO DEVICES (8.3%) and SUNBELT RENTALS HOLDINGS INC (7.8%). Technology is its largest sector at 44.3%. The fund is domiciled in Luxembourg.
What is the expense ratio of XMXD?
Xtrackers MSCI EM Europe, Middle East & Africa ESG Swap UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $50.2M.
Is XMXD a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI EM Europe, Middle East & Africa 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 XMXD?
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.