London Stock Exchange ETF segment · UCITS ETF
Invest in XXSC ETF from India
Indian and foreign residents can buy Xtrackers MSCI Europe Small UCITS ETF (XXSC) units directly through Paasa.
By Paasa · Updated
XXSC at a glance
- Price
- £63.51+£0.24 (0.38%)
- Expense ratio
- 0.3%
- Day range
- £63.51 – £63.62
- Assets
- £2.8B
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2008
- Dividends
- Accumulating
- 1 month
- -2.66%
- 6 months
- +12.61%
- YTD
- +6.83%
- 1 year
- +12.00%
- 5 years
- +22.35%
Price change, excluding dividends.
Top 10 holdings
- 1IMI PLCIMI.L0.6%
- 2BEAZLEY PLCBEZ.L0.6%
- 3GAZTRANSPORT & TECHNIGAZ SAGTT.PA0.6%
- 4WEIR PLCWEIR.L0.6%
- 5ACCELLERON N AGACLN.SW0.6%
- 6THYSSENKRUPP AGTKA.DE0.6%
- 7PSP SWISS PROPERTY AGPSPN.SW0.5%
- 8STOREBRANDSTB.OL0.5%
- 9HISCOX LTDHSX.L0.5%
- 10GAMES WORKSHOP GROUP PLCGAW.L0.5%
These 10 are 5.6% of the fund.
Where the money is invested
Sectors
- Industrials26.3%
- Financial Services15.9%
- Consumer Cyclical12.3%
- Real Estate7.9%
- Basic Materials7.6%
- Healthcare7.5%
Countries
- United Kingdom25.1%
- Sweden11.2%
- Switzerland9.6%
- Germany8.7%
- France8.3%
- Italy5.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IEUSNASDAQiShares MSCI Europe Small-Cap ETF | 0.41% | 173.1M |
Assets are shown in each fund's own reporting currency.
How to invest in XXSC 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 GBP when you buy.
Step 3
Search XXSC and buy
Find the fund by its ticker, XXSC, on the London Stock Exchange ETF segment, and place your order.
Why invest in XXSC from India
What XXSC holds
This ETF is designed to mirror the performance of the MSCI Total Return Net Europe Small Cap Index, which focuses on smaller capitalization companies within established European markets. This index captures approximately 14% of the total investable free-float market capitalization across the region.
Outside US estate tax
XXSC is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from XXSC's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 XXSC's UCITS structure matters for Indian investors
XXSC 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 XXSC from India?
Yes. Indian residents can buy Xtrackers MSCI Europe Small UCITS ETF (XXSC) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 XXSC invest in?
Its largest holdings are IMI PLC (0.6%), BEAZLEY PLC (0.6%) and GAZTRANSPORT & TECHNIGAZ SA (0.6%). Industrials is its largest sector at 26.3%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of XXSC?
Xtrackers MSCI Europe Small UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about £2.8B.
Is XXSC a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI Europe Small 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.
Does XXSC pay dividends?
No. Xtrackers MSCI Europe Small UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell XXSC?
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 GBP/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.