XETRA · UCITS ETF
Invest in XWEH ETF from India
Indian and foreign residents can buy Xtrackers - Xtrackers MSCI World Swap UCITS ETF (XWEH) units directly through Paasa.
By Paasa · Updated
XWEH at a glance
- Price
- €53.27+€0.29 (0.55%)
- Expense ratio
- 0.39%
- Day range
- €53.00 – €53.27
- Assets
- €12.9B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2006
- Dividends
- —
- 1 month
- -1.02%
- 6 months
- +17.78%
- YTD
- +11.15%
- 1 year
- +15.78%
- 5 years
- +66.22%
Price change, excluding dividends.
Top 10 holdings
- 1MICRON TECHNOLOGY INC6.5%
- 2AMAZON.COM INC5.3%
- 3MICROSOFT CORP4.2%
- 4NVIDIA CORP3.4%
- 5NOVARTIS AG REG3.3%
- 6NESTLE SA REG3.1%
- 7APPLE INC3.1%
- 8ADVANCED MICRO DEVICES2.9%
- 9SYNOPSYS INC2.6%
- 10BERKSHIRE HATHAWAY INC CL B2.6%
These 10 are 37.0% of the fund.
Where the money is invested
Sectors
- Technology30.6%
- Financial Services16.3%
- Industrials10.7%
- Healthcare9.3%
- Consumer Cyclical8.7%
- Communication Services8.0%
Countries
- United States75.6%
- Switzerland5.6%
- Japan5.2%
- Sweden2.5%
- Germany2.1%
- Israel1.7%
How to invest in XWEH 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 XWEH and buy
Find the fund by its ticker, XWEH, on XETRA, and place your order.
Why invest in XWEH from India
What XWEH holds
The aim is for your investment to reflect the performance of the MSCI Total Return Net World Index (the Reference Index) which is designed to reflect the performance of the shares of certain companies in various developed countries
Outside US estate tax
XWEH 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 XWEH's UCITS structure matters for Indian investors
XWEH 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 XWEH from India?
Yes. Indian residents can buy Xtrackers - Xtrackers MSCI World Swap UCITS ETF (XWEH) 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 XWEH invest in?
Its largest holdings are MICRON TECHNOLOGY INC (6.5%), AMAZON.COM INC (5.3%) and MICROSOFT CORP (4.2%). Technology is its largest sector at 30.6%. The fund is domiciled in Luxembourg.
What is the expense ratio of XWEH?
Xtrackers - Xtrackers MSCI World Swap UCITS ETF has an expense ratio of 0.39% a year, taken from the fund's assets rather than billed to you. The fund manages about €12.9B.
Is XWEH a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers - Xtrackers MSCI World Swap 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 XWEH?
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.