XETRA · UCITS ETF
Invest in XRSM ETF from India
Indian and foreign residents can buy Xtrackers MSCI USA Screened UCITS ETF (XRSM) units directly through Paasa.
By Paasa · Updated
XRSM at a glance
- Price
- €59.33-€0.09 (0.15%)
- Expense ratio
- 0.07%
- Day range
- €59.11 – €59.57
- Assets
- €1.1B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2015
- Dividends
- —
- 1 month
- +3.22%
- 6 months
- +21.43%
- YTD
- +16.17%
- 1 year
- +19.96%
- 5 years
- +91.57%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA8.4%
- 2APPLE7.8%
- 3MICROSOFT5.8%
- 4AMAZON COM INC3.9%
- 5ALPHABET CLASS A3.2%
- 6META PLATFORMS CLASS A2.6%
- 7BROADCOM INC2.6%
- 8ALPHABET CLASS C2.5%
- 9MICRON TECHNOLOGY1.9%
- 10TESLA INC1.6%
These 10 are 40.5% of the fund.
Where the money is invested
Sectors
- Technology40.9%
- Financial Services12.7%
- Communication Services10.1%
- Healthcare10.1%
- Consumer Cyclical10.0%
- Industrials7.1%
Countries
- United States97.6%
- Ireland1.2%
- United Kingdom0.5%
- Switzerland0.3%
- Uruguay0.1%
- Netherlands0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XRSSLSEXtrackers MSCI USA Screened UCITS ETF 1C | 0.07% | 923.5M |
| SASULSEiShares MSCI USA Screened UCITS ETF | 0.07% | 18.9B |
| SDUSLSEiShares MSCI USA Screened UCITS ETF | 0.07% | 1.7B |
| SGASXETRAiShares MSCI USA Screened UCITS ETF | 0.07% | 16.7B |
| GPSALSEiShares MSCI USA Screened UCITS ETF | 0.07% | 14.3B |
Assets are shown in each fund's own reporting currency.
How to invest in XRSM 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 XRSM and buy
Find the fund by its ticker, XRSM, on XETRA, and place your order.
Why invest in XRSM from India
What XRSM holds
This ETF aims to replicate the investment performance of a curated selection of prominent large and mid-capitalization companies based in the United States. Its unique methodology incorporates robust Environmental, Social, and Governance (ESG) screening, leading to the exclusion of certain entities.
Outside US estate tax
XRSM 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 XRSM's UCITS structure matters for Indian investors
XRSM 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 XRSM from India?
Yes. Indian residents can buy Xtrackers MSCI USA Screened UCITS ETF (XRSM) 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 XRSM invest in?
Its largest holdings are NVIDIA (8.4%), APPLE (7.8%) and MICROSOFT (5.8%). Technology is its largest sector at 40.9%. The fund is domiciled in Ireland.
What is the expense ratio of XRSM?
Xtrackers MSCI USA Screened UCITS ETF has an expense ratio of 0.07% a year, taken from the fund's assets rather than billed to you. The fund manages about €1.1B.
Is XRSM a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI USA Screened 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 XRSM?
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.