London Stock Exchange ETF segment · UCITS ETF
Invest in XUT3 ETF from India
Indian and foreign residents can buy Xtrackers II US Treasuries 1-3 UCITS ETF (XUT3) units directly through Paasa.
By Paasa · Updated
XUT3 at a glance
- Price
- $167.46+$0.16 (0.09%)
- Expense ratio
- 0.06%
- Day range
- $167.43 – $167.58
- Assets
- $180.9M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- +1.10%
- 6 months
- -0.22%
- YTD
- -1.23%
- 1 year
- -0.44%
- 5 years
- -0.56%
Price change, excluding dividends.
Top 10 holdings
- 1TREASURY NOTE2.1%
- 2TREASURY NOTE1.4%
- 3TREASURY NOTE1.3%
- 4TREASURY NOTE1.3%
- 5TREASURY NOTE1.3%
- 6TREASURY NOTE1.3%
- 7TREASURY NOTE1.3%
- 8TREASURY NOTE1.3%
- 9TREASURY NOTE1.3%
- 10TREASURY NOTE1.3%
These 10 are 14.1% of the fund.
Where the money is invested
Countries
- United States99.9%
- Ireland0.1%
- Other0.0%
How to invest in XUT3 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 XUT3 and buy
Find the fund by its ticker, XUT3, on the London Stock Exchange ETF segment, and place your order.
Why invest in XUT3 from India
What XUT3 holds
The iBoxx $ Treasuries 1-3 Index is designed to track the performance of a specific U.S. bond market sector. This includes debt instruments issued by the United States government, which are denominated in U.S. dollars.
Outside US estate tax
XUT3 is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
XUT3 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 XUT3's UCITS structure matters for Indian investors
XUT3 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 XUT3 from India?
Yes. Indian residents can buy Xtrackers II US Treasuries 1-3 UCITS ETF (XUT3) 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 XUT3 invest in?
Its largest holdings are TREASURY NOTE (2.1%), TREASURY NOTE (1.4%) and TREASURY NOTE (1.3%). It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of XUT3?
Xtrackers II US Treasuries 1-3 UCITS ETF has an expense ratio of 0.06% a year, taken from the fund's assets rather than billed to you. The fund manages about $180.9M.
Is XUT3 a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers II US Treasuries 1-3 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.
How are XUT3 dividends taxed in India?
Xtrackers II US Treasuries 1-3 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 XUT3?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is 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.