London Stock Exchange ETF segment · UCITS ETF
Invest in XSPR ETF from India
Indian and foreign residents can buy Xtrackers MSCI Europe Materials Screened UCITS ETF (XSPR) units directly through Paasa.
By Paasa · Updated
XSPR at a glance
- Price
- £150.04-£2.89 (1.89%)
- Expense ratio
- 0.17%
- Day range
- £150.04 – £151.30
- Assets
- £57.8M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2007
- Dividends
- —
- 1 month
- -5.68%
- 6 months
- +4.06%
- YTD
- +3.53%
- 1 year
- +7.36%
- 5 years
- +27.85%
Price change, excluding dividends.
Top 10 holdings
- 1LAIR LIQUIDE SOCIETE ANONYME POUR16.3%
- 2RIO TINTO13.6%
- 3GLENCORE PLC9.3%
- 4ANGLO AMERICAN PLC7.7%
- 5BASF N6.7%
- 6HOLCIM LTD AG5.5%
- 7GIVAUDAN SA5.1%
- 8SIKA AG4.5%
- 9ARCELORMITTAL SA3.9%
- 10NOVOZYMES CLASS B3.0%
These 10 are 75.5% of the fund.
Where the money is invested
Sectors
- Basic Materials99.2%
- Consumer Cyclical0.8%
Countries
- Switzerland27.6%
- United Kingdom24.8%
- France15.9%
- Germany12.4%
- Luxembourg4.0%
- Denmark3.2%
How to invest in XSPR 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 XSPR and buy
Find the fund by its ticker, XSPR, on the London Stock Exchange ETF segment, and place your order.
Why invest in XSPR from India
What XSPR holds
This ETF seeks to replicate the returns of the MSCI EUROPE MATERIALS SCREENED 20/35 index, which is composed of large and mid-sized companies located in developed European nations. All constituent firms operate exclusively within the materials sector, as defined by the Global Industry Classification Standard (GICS).
Outside US estate tax
XSPR 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 XSPR's UCITS structure matters for Indian investors
XSPR 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 XSPR from India?
Yes. Indian residents can buy Xtrackers MSCI Europe Materials Screened UCITS ETF (XSPR) 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 XSPR invest in?
Its largest holdings are LAIR LIQUIDE SOCIETE ANONYME POUR (16.3%), RIO TINTO (13.6%) and GLENCORE PLC (9.3%). Consumer Cyclical is its largest sector at 0.8%. The fund is domiciled in Luxembourg.
What is the expense ratio of XSPR?
Xtrackers MSCI Europe Materials 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 £57.8M.
Is XSPR a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Europe Materials 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 XSPR?
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.