XETRA · UCITS ETF
Invest in XSXE ETF from India
Indian and foreign residents can buy Xtrackers Stoxx Europe 600 UCITS ETF (XSXE) units directly through Paasa.
By Paasa · Updated
XSXE at a glance
- Price
- €159.84+€0.88 (0.55%)
- Expense ratio
- 0.25%
- Day range
- €159.78 – €160.18
- Assets
- €5.7B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2009
- Dividends
- —
- 1 month
- -1.82%
- 6 months
- +13.72%
- YTD
- +10.65%
- 1 year
- +18.03%
- 5 years
- +59.04%
Price change, excluding dividends.
Top 10 holdings
- 1ASML HOLDING NV4.5%
- 2HSBC HOLDINGS PLC2.3%
- 3ROCHE HOLDING AG2.0%
- 4NOVARTIS AG REG1.8%
- 5SHELL PLC1.8%
- 6ASTRAZENECA PLC1.7%
- 7NESTLE SA REG1.6%
- 8SIEMENS AG REG1.5%
- 9BANCO SANTANDER SA1.4%
- 10SAP SE1.4%
These 10 are 20.0% of the fund.
Where the money is invested
Sectors
- Financial Services25.9%
- Industrials19.7%
- Healthcare12.3%
- Technology9.1%
- Consumer Defensive7.4%
- Consumer Cyclical6.9%
Countries
- United Kingdom21.7%
- Switzerland14.4%
- France13.6%
- Germany13.0%
- Netherlands9.5%
- Spain5.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| XSX6LSEXtrackers Stoxx Europe 600 UCITS ETF 1C | 0.2% | 4.8B |
| STXHXETRAAmundi Core Stoxx Europe 600 UCITS ETF EUR Hedged Dist | 0.15% | 21.4B |
| S600LSEInvesco STOXX Europe 600 UCITS ETF | 0.19% | 436.9M |
Assets are shown in each fund's own reporting currency.
How to invest in XSXE 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 EUR when you buy.
Step 3
Search XSXE and buy
Find the fund by its ticker, XSXE, on XETRA, and place your order.
Why invest in XSXE from India
What XSXE holds
The STOXX Europe 600 Index is designed to mirror the investment performance of a broad range of companies—encompassing large, medium, and small market capitalizations—operating across developed European economies. It specifically comprises the 600 largest and most actively traded firms within this segment.
Outside US estate tax
XSXE 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 XSXE's UCITS structure matters for Indian investors
XSXE 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 XSXE from India?
Yes. Indian residents can buy Xtrackers Stoxx Europe 600 UCITS ETF (XSXE) through Paasa. It is listed on XETRA and trades in EUR. 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 XSXE invest in?
Its largest holdings are ASML HOLDING NV (4.5%), HSBC HOLDINGS PLC (2.3%) and ROCHE HOLDING AG (2.0%). Financial Services is its largest sector at 25.9%. The fund is domiciled in Luxembourg.
What is the expense ratio of XSXE?
Xtrackers Stoxx Europe 600 UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about €5.7B.
Is XSXE a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers Stoxx Europe 600 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 XSXE?
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 EUR/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.