XETRA · UCITS ETF
Invest in XU6C ETF from India
Indian and foreign residents can buy BNP Paribas Easy MSCI Emerging SRI S-Series 5% Capped UCITS ETF Distribution (XU6C) units directly through Paasa.
By Paasa · Updated
XU6C at a glance
- Price
- €132.62-€0.16 (0.12%)
- Expense ratio
- 0.31%
- Day range
- €132.62 – €132.62
- Assets
- €251.6M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- +1.27%
- 6 months
- +20.45%
- YTD
- +19.18%
- 1 year
- +21.63%
- 5 years
- +13.08%
Price change, excluding dividends.
Where the money is invested
Sectors
- Technology37.4%
- Financial Services18.6%
- Consumer Cyclical11.2%
- Industrials7.7%
- Communication Services7.1%
- Healthcare6.2%
Countries
- Taiwan31.9%
- South Korea17.2%
- China16.9%
- India8.0%
- South Africa5.4%
- Mexico2.6%
How to invest in XU6C 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 XU6C and buy
Find the fund by its ticker, XU6C, on XETRA, and place your order.
Why invest in XU6C from India
What XU6C holds
This fund's primary objective is to closely track the performance, including all market fluctuations, of the MSCI Emerging SRI S-Series 5% Capped (NTR) index (Bloomberg: M7CXESC Index). It aims to keep the difference in returns between the fund and its benchmark, known as the Tracking Error, below 1%.
Outside US estate tax
XU6C 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 XU6C's UCITS structure matters for Indian investors
XU6C 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 XU6C from India?
Yes. Indian residents can buy BNP Paribas Easy MSCI Emerging SRI S-Series 5% Capped UCITS ETF Distribution (XU6C) 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 is the expense ratio of XU6C?
BNP Paribas Easy MSCI Emerging SRI S-Series 5% Capped UCITS ETF Distribution has an expense ratio of 0.31% a year, taken from the fund's assets rather than billed to you. The fund manages about €251.6M.
Is XU6C a UCITS ETF, and why does that matter for Indian investors?
Yes. BNP Paribas Easy MSCI Emerging SRI S-Series 5% Capped UCITS ETF Distribution 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.
How are XU6C dividends taxed in India?
BNP Paribas Easy MSCI Emerging SRI S-Series 5% Capped UCITS ETF Distribution is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell XU6C?
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.