London Stock Exchange ETF segment · UCITS ETF
Invest in XSNR ETF from India
Indian and foreign residents can buy Xtrackers MSCI Europe Industrials Screened UCITS ETF (XSNR) units directly through Paasa.
By Paasa · Updated
XSNR at a glance
- Price
- £180.37-£1.88 (1.03%)
- Expense ratio
- 0.17%
- Day range
- £180.37 – £180.37
- Assets
- £33.2M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -1.47%
- 6 months
- +6.81%
- YTD
- +5.85%
- 1 year
- +10.31%
- 5 years
- +52.39%
Price change, excluding dividends.
Top 10 holdings
- 1SIEMENS N AG8.9%
- 2SCHNEIDER ELECTRIC7.1%
- 3ROLLS-ROYCE HOLDINGS PLC6.3%
- 4ABB LTD5.8%
- 5SAFRAN SA5.1%
- 6AIRBUS5.0%
- 7SIEMENS ENERGY N AG4.9%
- 8BAE SYSTEMS PLC3.0%
- 9DHL N AG2.3%
- 10RELX PLC2.3%
These 10 are 50.8% of the fund.
Where the money is invested
Sectors
- Industrials97.5%
- Basic Materials0.7%
- Consumer Defensive0.5%
- Technology0.5%
- Consumer Cyclical0.5%
- Energy0.3%
Countries
- Germany21.6%
- France20.8%
- United Kingdom14.8%
- Sweden13.0%
- Switzerland10.0%
- Netherlands6.8%
How to invest in XSNR 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 XSNR and buy
Find the fund by its ticker, XSNR, on the London Stock Exchange ETF segment, and place your order.
Why invest in XSNR from India
What XSNR holds
This index aims to replicate the performance of large and mid-sized industrial companies situated in developed European economies. All constituents are precisely categorized within the Industrials sector, as defined by the Global Industry Classification Standard (GICS).
Outside US estate tax
XSNR 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 XSNR's UCITS structure matters for Indian investors
XSNR 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 XSNR from India?
Yes. Indian residents can buy Xtrackers MSCI Europe Industrials Screened UCITS ETF (XSNR) 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 XSNR invest in?
Its largest holdings are SIEMENS N AG (8.9%), SCHNEIDER ELECTRIC (7.1%) and ROLLS-ROYCE HOLDINGS PLC (6.3%). Industrials is its largest sector at 97.5%. The fund is domiciled in Luxembourg.
What is the expense ratio of XSNR?
Xtrackers MSCI Europe Industrials 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 £33.2M.
Is XSNR a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Europe Industrials 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 XSNR?
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.