London Stock Exchange ETF segment · UCITS ETF
Invest in XSKR ETF from India
Indian and foreign residents can buy Xtrackers MSCI Europe Communication Services Screened UCITS ETF (XSKR) units directly through Paasa.
By Paasa · Updated
XSKR at a glance
- Price
- £72.55-£1.62 (2.18%)
- Expense ratio
- 0.17%
- Day range
- £72.55 – £72.55
- Assets
- £12.5M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -5.84%
- 6 months
- -6.96%
- YTD
- -2.26%
- 1 year
- -9.70%
- 5 years
- +26.75%
Price change, excluding dividends.
Top 10 holdings
- 1DEUTSCHE TELEKOM N AG23.9%
- 2SPOTIFY TECHNOLOGY17.0%
- 3VODAFONE GROUP PLC6.9%
- 4ORANGE SA6.9%
- 5PUBLICIS GROUPE5.8%
- 6SWISSCOM AG4.7%
- 7KONINKLIJKE KPN NV4.1%
- 8UNIVERSAL MUSIC GROUP4.1%
- 9BT GROUP PLC3.5%
- 10INFORMA PLC3.4%
These 10 are 80.1% of the fund.
Where the money is invested
Sectors
- Communication Services96.9%
- Real Estate3.1%
Countries
- Germany23.9%
- Sweden21.6%
- United Kingdom14.2%
- France12.7%
- Netherlands8.1%
- Spain6.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| DXSGXETRAXtrackers MSCI Europe Communication Services Screened UCITS ETF 1C | 0.17% | 14.6M |
Assets are shown in each fund's own reporting currency.
How to invest in XSKR 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 XSKR and buy
Find the fund by its ticker, XSKR, on the London Stock Exchange ETF segment, and place your order.
Why invest in XSKR from India
What XSKR holds
The EURPE COMRCIALS & PROFES SVC SCRND 20/35 index is structured to replicate the performance of a market consisting of large and mid-sized companies operating within developed European economies. All included securities are classified under the communication services sector, according to the Global Industry Classification Standard (GICS).
Outside US estate tax
XSKR 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 XSKR's UCITS structure matters for Indian investors
XSKR 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 XSKR from India?
Yes. Indian residents can buy Xtrackers MSCI Europe Communication Services Screened UCITS ETF (XSKR) 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 XSKR invest in?
Its largest holdings are DEUTSCHE TELEKOM N AG (23.9%), SPOTIFY TECHNOLOGY (17.0%) and VODAFONE GROUP PLC (6.9%). Communication Services is its largest sector at 96.9%. The fund is domiciled in Luxembourg.
What is the expense ratio of XSKR?
Xtrackers MSCI Europe Communication Services Screened UCITS ETF has an expense ratio of 0.17% a year, taken from the fund's assets rather than billed to you. The fund manages about £12.5M.
Is XSKR a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Europe Communication Services Screened 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 XSKR?
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.