London Stock Exchange ETF segment · UCITS ETF
Invest in XZW0 ETF from India
Indian and foreign residents can buy Xtrackers MSCI World ESG UCITS ETF (XZW0) units directly through Paasa.
By Paasa · Updated
XZW0 at a glance
- Price
- $57.02+$0.16 (0.28%)
- Expense ratio
- 0.2%
- Day range
- $56.94 – $57.17
- Assets
- $7.2B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2018
- Dividends
- —
- 1 month
- -1.71%
- 6 months
- +21.79%
- YTD
- +9.34%
- 1 year
- +15.64%
- 5 years
- +71.30%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIANVDA10.8%
- 2MICROSOFTMSFT8.9%
- 3ALPHABET CLASS AGOOGL5.0%
- 4ALPHABET CLASS CGOOG3.9%
- 5TESLA INCTSLA2.6%
- 6ADVANCED MICRO DEVICESAMD2.5%
- 7ELI LILLYLLY2.3%
- 8JOHNSON & JOHNSONJNJ1.6%
- 9VISA CLASS AV1.5%
- 10INTEL CORPORATION CORPINTC1.3%
These 10 are 40.5% of the fund.
Where the money is invested
Sectors
- Technology34.6%
- Financial Services17.8%
- Communication Services12.3%
- Healthcare10.5%
- Industrials9.3%
- Consumer Cyclical7.6%
Countries
- United States71.6%
- Japan6.3%
- United Kingdom3.2%
- Canada3.1%
- Switzerland2.9%
- France2.1%
How to invest in XZW0 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 XZW0 and buy
Find the fund by its ticker, XZW0, on the London Stock Exchange ETF segment, and place your order.
Why invest in XZW0 from India
What XZW0 holds
This ETF is designed to mirror the performance of the MSCI World Low Carbon SRI Selection Index. This index comprises sizable and mid-sized corporations located in developed markets around the globe.
Outside US estate tax
XZW0 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
XZW0 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 XZW0's UCITS structure matters for Indian investors
XZW0 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 XZW0 from India?
Yes. Indian residents can buy Xtrackers MSCI World ESG UCITS ETF (XZW0) 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 XZW0 invest in?
Its largest holdings are NVIDIA (10.8%), MICROSOFT (8.9%) and ALPHABET CLASS A (5.0%). Technology is its largest sector at 34.6%. The fund is domiciled in Ireland.
What is the expense ratio of XZW0?
Xtrackers MSCI World ESG UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $7.2B.
Is XZW0 a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers MSCI World ESG 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 XZW0?
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.