# Xtrackers India Government Bond UCITS ETF Accum-1C- USD (XIGB) **Page:** https://fundology.uk/fund/xigb · ISIN IE000QVYFUT7 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, XIGB (Xtrackers India Government Bond UCITS ETF Accum-1C- USD, ISIN IE000QVYFUT7) closed at $36.31 on the London Stock Exchange. Its ongoing charge is 0.52% a year (about £52 on £10,000). Over the three years to 13/11/2026 its total return was −8.0%, or −16.8% after UK CPIH inflation. ## Summary Xtrackers India Government Bond UCITS ETF Accum-1C- USD is an exchange-traded fund (ETF) from Xtrackers, launched in 2022. It tracks the J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index - INR - Benchmark TR Net. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.52% a year — about £52 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. Latest close: **$36.31** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | XIGB | | ISIN | IE000QVYFUT7 | | Category | Government bonds | | Type | ETF | | Provider | Xtrackers | | Tracks | J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index - INR - Benchmark TR Net | | Income | Accumulating | | Ongoing charge | 0.52% a year (£52 per £10,000) | | Fund size | £40.5m | | Launched | 2022 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 18/08/2022 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -3.17% | -6.60% | income reinvested | | 3 years | -7.96% | -16.84% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Xtrackers India Government Bond UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund): 2023 +0.3%, 2024 +8.3%, 2025 −7.1%; 2026 to 13/11/2026 −0.5%. Returns of Xtrackers India Government Bond UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −4.1%; to 30/09/2025: 0.0%; to 30/09/2024: −1.7%; to 30/09/2023: −4.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2023 | +0.3% | -3.7% | Price | | 2024 | +8.3% | +4.6% | Price | | 2025 | -7.1% | -10.3% | Price | | 2026 to 13/11/2026 | -0.5% | -3.7% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 8.67% | -9.32% | | 3 years | 7.30% | -12.89% | ## Largest fall Volatility of Xtrackers India Government Bond UCITS ETF Accum-1C- USD in pounds, annualised from weekly returns to 13/11/2026: 8.7% over 1 year, 7.3% over 3 years. Largest fall in the price of Xtrackers India Government Bond UCITS ETF Accum-1C- USD since September 2022, in pounds: −12.9% from 17/01/2025 to 08/05/2026. The lowest 12-month return of Xtrackers India Government Bond UCITS ETF Accum-1C- USD in pounds (price, with income reinvested in the fund) since September 2022 was −11.2% (12 months to 01/05/2026); the highest was +8.3% (12 months to 10/01/2025). On 13/11/2026 the price of Xtrackers India Government Bond UCITS ETF Accum-1C- USD was 8.3% below its highest weekly close since September 2022 (17/01/2025), in pounds. ## Charges compared with similar funds Ongoing charge of Xtrackers India Government Bond UCITS ETF Accum-1C- USD 0.52% a year. Compared on 14/11/2026, 11 of the 311 other government bond funds charge more, 0 the same and 300 less (share classes counted once). ## Funds tracking the same index 2 funds track J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index - INR - Benchmark TR Net, this one included and share classes counted once; their ongoing charges range from 0.39% to 0.52% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | L&G India INR Government Bond UCITS ETF USD | 0.39% | -4.0% | -1.7% | -6.5% | | Xtrackers India Government Bond UCITS ETF Accum-1C- USD (this fund) | 0.52% | -3.2% | -8.0% | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.52%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## What it holds As of 15/11/2026, XIGB holds 45 positions, according to its published holdings. The largest is India (Republic Of) (IN0020250091) at 4.21% of the fund; the ten largest make up 36.1%. ### Top holdings Largest positions (as of 15/11/2026), as a percentage of the whole fund: | # | Holding | Ticker | Weight | |---|---|---|---| | 1 | India (Republic Of) (IN0020250091) | — | 4.21% | | 2 | India (Republic Of) (IN0020230085) | — | 3.88% | | 3 | India (Republic Of) (IN0020230077) | — | 3.70% | | 4 | India (Republic Of) (IN0020240019) | — | 3.65% | | 5 | India (Republic Of) (IN0020250042) | — | 3.52% | | 6 | India (Republic Of) (IN0020220029) | — | 3.50% | | 7 | India (Republic Of) (IN0020230051) | — | 3.48% | | 8 | India (Republic Of) (IN0020240126) | — | 3.44% | | 9 | India (Republic Of) (IN0020220102) | — | 3.42% | | 10 | India (Republic Of) (IN0020210244) | — | 3.35% | ## Where it invests Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed. ### By type of asset Added up from the fund’s published holdings, as of 08/11/2026. | Type of asset | Weight | |---|---| | Bonds | 99.9% | | Cash and money market | 0.1% | All 45 holdings: https://fundology.uk/fund/xigb/holdings ## Questions people ask **What is the ongoing charge of XIGB?** The ongoing charge of XIGB is 0.52% a year — about £52 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Xtrackers India Government Bond UCITS ETF Accum-1C- USD 0.52% a year. Compared on 14/11/2026, 11 of the 311 other government bond funds charge more, 0 the same and 300 less (share classes counted once). **What does XIGB track?** XIGB tracks the J.P. Morgan India Government Fully Accessible Route (FAR) Bonds Index - INR - Benchmark TR Net. **Is XIGB accumulating or distributing?** XIGB is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of XIGB?** The ISIN of XIGB is IE000QVYFUT7. An ISIN identifies one exact share class of a fund; XIGB is its ticker on the London Stock Exchange. **What does XIGB hold?** As of 15/11/2026, XIGB holds 45 positions, according to its published holdings. The largest is India (Republic Of) (IN0020250091) at 4.21% of the fund; the ten largest make up 36.1%. Its ten largest holdings are India (Republic Of) (IN0020250091) (4.21%), India (Republic Of) (IN0020230085) (3.88%), India (Republic Of) (IN0020230077) (3.70%), India (Republic Of) (IN0020240019) (3.65%), India (Republic Of) (IN0020250042) (3.52%), India (Republic Of) (IN0020220029) (3.50%), India (Republic Of) (IN0020230051) (3.48%), India (Republic Of) (IN0020240126) (3.44%), India (Republic Of) (IN0020220102) (3.42%) and India (Republic Of) (IN0020210244) (3.35%). **What were XIGB’s returns in each of the last five years?** Calendar-year returns of XIGB in pounds (price, with income reinvested in the fund): 2023 +0.3%, 2024 +8.3%, 2025 −7.1%; 2026 to 13/11/2026 −0.5%. Past performance is not a guide to future returns. **How has XIGB done after inflation?** Over the three years to 13/11/2026 XIGB’s total return was −8.0%, or −16.8% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Xtrackers (DWS)](https://etf.dws.com/en-gb/IE000QVYFUT7-india-government-bond-ucits-etf-1c/) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.