London Stock Exchange ETF segment · UCITS ETF
Invest in XWTS ETF from India
Indian and foreign residents can buy Xtrackers MSCI World Communication Services UCITS ETF (XWTS) units directly through Paasa.
By Paasa · Updated
XWTS at a glance
- Price
- $33.99-$0.02 (0.06%)
- Expense ratio
- 0.25%
- Day range
- $33.99 – $34.32
- Assets
- $485.2M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2016
- Dividends
- —
- 1 month
- +3.41%
- 6 months
- +7.84%
- YTD
- +3.25%
- 1 year
- +5.17%
- 5 years
- +58.66%
Price change, excluding dividends.
Top 10 holdings
- 1META PLATFORMS CLASS AMETA20.1%
- 2ALPHABET CLASS AGOOGL17.2%
- 3ALPHABET CLASS CGOOG13.6%
- 4NETFLIXNFLX6.1%
- 5VERIZON COMMUNICATIONS INCVZ4.0%
- 6WALT DISNEYDIS3.7%
- 7AT&TT3.6%
- 8SOFTBANK GROUP9984.T3.1%
- 9DEUTSCHE TELEKOM N AGDTE.DE2.1%
- 10SPACE EXPLORATION TECHNOLOGIES CORSPCX1.9%
These 10 are 75.5% of the fund.
Where the money is invested
Sectors
- Communication Services97.5%
- Industrials1.6%
- Real Estate0.3%
- Technology0.3%
- Consumer Cyclical0.2%
Countries
- United States81.2%
- Japan7.9%
- Germany2.1%
- Sweden1.9%
- United Kingdom1.3%
- France1.1%
How to invest in XWTS 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 XWTS and buy
Find the fund by its ticker, XWTS, on the London Stock Exchange ETF segment, and place your order.
Why invest in XWTS from India
What XWTS holds
This custom index, named MSCI World Communication Services 20-35, is designed to mirror the investment performance of a specific segment of the global market. It focuses on major and mid-sized companies operating within the Communication Services sector in developed nations worldwide, as defined by the GICS classification system.
Outside US estate tax
XWTS 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
XWTS 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 XWTS' UCITS structure matters for Indian investors
XWTS 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 XWTS from India?
Yes. Indian residents can buy Xtrackers MSCI World Communication Services UCITS ETF (XWTS) 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 XWTS invest in?
Its largest holdings are META PLATFORMS CLASS A (20.1%), ALPHABET CLASS A (17.2%) and ALPHABET CLASS C (13.6%). Communication Services is its largest sector at 97.5%. The fund is domiciled in Ireland.
What is the expense ratio of XWTS?
Xtrackers MSCI World Communication Services 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 $485.2M.
Is XWTS a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI World Communication Services 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.
What tax do I pay in India when I sell XWTS?
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.