XETRA · UCITS ETF
Invest in XNAS ETF from India
Indian and foreign residents can buy Xtrackers NASDAQ 100 UCITS ETF (XNAS) units directly through Paasa.
By Paasa · Updated
XNAS at a glance
- Price
- €62.67+€0.16 (0.26%)
- Expense ratio
- 0.2%
- Day range
- €62.40 – €63.14
- Assets
- €2.5B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- +8.05%
- 6 months
- +30.24%
- YTD
- +24.69%
- 1 year
- +28.63%
- 5 years
- +117.91%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA8.3%
- 2APPLE7.3%
- 3MICROSOFT5.7%
- 4MICRON TECHNOLOGY5.1%
- 5ADVANCED MICRO DEVICES4.2%
- 6AMAZON COM INC4.0%
- 7META PLATFORMS CLASS A3.3%
- 8ALPHABET CLASS A3.0%
- 9ALPHABET CLASS C2.8%
- 10TESLA INC2.8%
These 10 are 46.7% of the fund.
Where the money is invested
Sectors
- Technology59.0%
- Communication Services12.7%
- Consumer Cyclical11.1%
- Consumer Defensive6.2%
- Industrials4.1%
- Healthcare4.0%
Countries
- United States95.5%
- United Kingdom1.6%
- Netherlands1.4%
- Canada0.9%
- Uruguay0.4%
- Ireland0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| QQQMNASDAQInvesco NASDAQ 100 ETF | 0.15% | 109.3B |
| CNX1LSEiShares NASDAQ 100 UCITS ETF | 0.3% | 22.0B |
| CNDXLSEiShares NASDAQ 100 UCITS ETF USD | 0.3% | 29.1B |
| IQQNASDAQiShares Nasdaq 100 ETF | 0.12% | 591.9M |
| SXRVXETRAiShares NASDAQ 100 UCITS ETF USD (Acc) | 0.3% | 25.6B |
Assets are shown in each fund's own reporting currency.
How to invest in XNAS 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 EUR when you buy.
Step 3
Search XNAS and buy
Find the fund by its ticker, XNAS, on XETRA, and place your order.
Why invest in XNAS from India
What XNAS holds
The fund is passively managed. The aim is for your investment is to reflect the performance.
Outside US estate tax
XNAS is domiciled in Ireland, 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 XNAS' UCITS structure matters for Indian investors
XNAS 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 XNAS from India?
Yes. Indian residents can buy Xtrackers NASDAQ 100 UCITS ETF (XNAS) through Paasa. It is listed on XETRA and trades in EUR. 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 XNAS invest in?
Its largest holdings are NVIDIA (8.3%), APPLE (7.3%) and MICROSOFT (5.7%). Technology is its largest sector at 59.0%. The fund is domiciled in Ireland.
What is the expense ratio of XNAS?
Xtrackers NASDAQ 100 UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €2.5B.
Is XNAS a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers NASDAQ 100 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 XNAS?
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 EUR/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.