London Stock Exchange ETF segment · UCITS ETF
Invest in XSFD ETF from India
Indian and foreign residents can buy Xtrackers S&P Select Frontier Swap UCITS ETF (XSFD) units directly through Paasa.
By Paasa · Updated
XSFD at a glance
- Price
- $29.38-$0.27 (0.92%)
- Expense ratio
- 0.95%
- Day range
- $29.38 – $29.38
- Assets
- $167.0M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2008
- Dividends
- —
- 1 month
- -5.42%
- 6 months
- +8.56%
- YTD
- +4.39%
- 1 year
- +18.35%
- 5 years
- +66.90%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON COM INC8.0%
- 2BERKSHIRE HATHAWAY INC CLASS B6.5%
- 3TESLA INC6.3%
- 4PALANTIR TECHNOLOGIES CLASS A5.0%
- 5INTEL CORPORATION CORP4.8%
- 6ARISTA NETWORKS4.7%
- 7TEVA PHARMACEUTICAL INDUSTRIES3.6%
- 8SPOTIFY TECHNOLOGY3.6%
- 9VERTEX PHARMACEUTICALS3.5%
- 10NETFLIX3.4%
These 10 are 49.4% of the fund.
Where the money is invested
Sectors
- Technology41.5%
- Healthcare17.1%
- Consumer Cyclical15.5%
- Communication Services8.1%
- Financial Services7.0%
- Industrials5.7%
Countries
- United States94.5%
- Sweden3.6%
- Israel3.5%
- Uruguay0.8%
How to invest in XSFD 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 XSFD and buy
Find the fund by its ticker, XSFD, on the London Stock Exchange ETF segment, and place your order.
Why invest in XSFD from India
What XSFD holds
The S&P Select Frontier Index is designed to reflect the financial performance of a distinct market segment. This index comprises the forty largest companies operating within frontier economies.
Outside US estate tax
XSFD 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
XSFD 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 XSFD's UCITS structure matters for Indian investors
XSFD 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 XSFD from India?
Yes. Indian residents can buy Xtrackers S&P Select Frontier Swap UCITS ETF (XSFD) 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 XSFD invest in?
Its largest holdings are AMAZON COM INC (8.0%), BERKSHIRE HATHAWAY INC CLASS B (6.5%) and TESLA INC (6.3%). Technology is its largest sector at 41.5%. The fund is domiciled in Luxembourg.
What is the expense ratio of XSFD?
Xtrackers S&P Select Frontier Swap UCITS ETF has an expense ratio of 0.95% a year, taken from the fund's assets rather than billed to you. The fund manages about $167.0M.
Is XSFD a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers S&P Select Frontier 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 XSFD?
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.