London Stock Exchange ETF segment · UCITS ETF
Invest in XUCD ETF from India
Indian and foreign residents can buy Xtrackers MSCI USA Consumer Discretionary UCITS ETF (XUCD) units directly through Paasa.
By Paasa · Updated
XUCD at a glance
- Price
- $91.74+$0.18 (0.20%)
- Expense ratio
- 0.12%
- Day range
- $91.71 – $92.28
- Assets
- $149.1M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2017
- Dividends
- Distributing
- 1 month
- -6.23%
- 6 months
- +2.14%
- YTD
- -6.40%
- 1 year
- -4.27%
- 5 years
- +22.32%
Price change, excluding dividends.
Top 10 holdings
- 1AMAZON COM INCAMZN30.8%
- 2TESLA INCTSLA18.5%
- 3HOME DEPOTHD6.4%
- 4MCDONALDS CORPMCD3.7%
- 5TJXTJX3.2%
- 6BOOKING HOLDINGSBKNG2.6%
- 7LOWES COMPANIES INCLOW2.3%
- 8STARBUCKS CORPSBUX2.3%
- 9MERCADOLIBREMELI1.8%
- 10MARRIOTT INTERNATIONAL CLASS AMAR1.7%
These 10 are 73.3% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical97.4%
- Communication Services1.5%
- Technology0.9%
Countries
- United States97.1%
- Uruguay1.8%
- Switzerland1.0%
- Ireland0.1%
How to invest in XUCD 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.
Step 3
Search XUCD and buy
Find the fund by its ticker, XUCD, on the London Stock Exchange ETF segment, and place your order.
Why invest in XUCD from India
What XUCD holds
The MSCI USA Consumer Discretionary 20-35 Custom Index aims to replicate the performance of a market segment comprising large and mid-capitalization American companies within the Consumer Discretionary sector, categorized according to the GICS framework. Its constituents are weighted by their free-float adjusted market capitalization.
Outside US estate tax
XUCD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
XUCD is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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 XUCD's UCITS structure matters for Indian investors
XUCD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy XUCD from India?
Yes. Indian residents can buy Xtrackers MSCI USA Consumer Discretionary UCITS ETF (XUCD) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. 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 XUCD invest in?
Its largest holdings are AMAZON COM INC (30.8%), TESLA INC (18.5%) and HOME DEPOT (6.4%). Consumer Cyclical is its largest sector at 97.4%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of XUCD?
Xtrackers MSCI USA Consumer Discretionary UCITS ETF has an expense ratio of 0.12% a year, taken from the fund's assets rather than billed to you. The fund manages about $149.1M.
Is XUCD a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI USA Consumer Discretionary UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are XUCD dividends taxed in India?
Xtrackers MSCI USA Consumer Discretionary UCITS ETF 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 XUCD?
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 USD/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.