London Stock Exchange ETF segment · UCITS ETF
Invest in XSD2 ETF from India
Indian and foreign residents can buy Xtrackers ShortDAX x2 Daily Swap UCITS ETF (XSD2) units directly through Paasa.
By Paasa · Updated
XSD2 at a glance
- Price
- £0.41-£0.01 (1.66%)
- Expense ratio
- 0.6%
- Day range
- £0.41 – £0.41
- Assets
- £54.9M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2010
- Dividends
- —
- 1 month
- +8.53%
- 6 months
- -25.02%
- YTD
- -9.87%
- 1 year
- -15.66%
- 5 years
- -67.83%
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INC9.4%
- 2UNITEDHEALTH GROUP INC9.2%
- 3AMAZON.COM INC8.5%
- 4QUALCOMM INC4.7%
- 5MICROSOFT CORP4.5%
- 6META PLATFORMS INC CLASS A4.5%
- 7BLACKROCK INC4.5%
- 8ELI LILLY + CO4.4%
- 9BROADCOM INC4.4%
- 10SCHWAB (CHARLES) CORP4.4%
These 10 are 58.3% of the fund.
Where the money is invested
Sectors
- Technology23.4%
- Financial Services22.6%
- Healthcare18.1%
- Consumer Cyclical8.7%
- Industrials7.1%
- Utilities6.5%
Countries
- United States104.2%
- Switzerland8.7%
How to invest in XSD2 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 GBP when you buy.
Step 3
Search XSD2 and buy
Find the fund by its ticker, XSD2, on the London Stock Exchange ETF segment, and place your order.
Why invest in XSD2 from India
What XSD2 holds
The ShortDAX x2 Daily Index seeks to deliver twice the inverse daily performance of a select segment of the German stock market. It tracks forty of the most prominent and liquid German blue-chip corporations, whose securities are traded in Euros on the FWB Frankfurt Stock Exchange.
Outside US estate tax
XSD2 is domiciled in Luxembourg, 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 XSD2's UCITS structure matters for Indian investors
XSD2 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 XSD2 from India?
Yes. Indian residents can buy Xtrackers ShortDAX x2 Daily Swap UCITS ETF (XSD2) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 XSD2 invest in?
Its largest holdings are APPLE INC (9.4%), UNITEDHEALTH GROUP INC (9.2%) and AMAZON.COM INC (8.5%). Technology is its largest sector at 23.4%. The fund is domiciled in Luxembourg.
What is the expense ratio of XSD2?
Xtrackers ShortDAX x2 Daily Swap UCITS ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about £54.9M.
Is XSD2 a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers ShortDAX x2 Daily 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 XSD2?
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 GBP/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.