Invesco S&P 500 QVM UCITS ETF
Invesco S&P 500 QVM UCITS ETF (LSE: PQVM) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $76.17 (about ₹7,312 a unit) as of 1 Oct 2026, 4:32 AM ET. It has an expense ratio of 0.35%. Indian residents can buy PQVM through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$75.86
Today's high
$76.79
52 week low
$64.83
52 week high
$81.86
PQVM opened at $76.79, closed previously at $76.55, and has traded between $64.83 and $81.86 over the past 52 weeks.
About
This Invesco S&P 500 QVM UCITS ETF Dist endeavors to replicate the net total return performance of its benchmark, the S&P 500 Quality, Value & Momentum Multi-factor Index, after subtracting applicable fees. Shareholders receive dividend payments every quarter. The Reference Index is specifically designed to reflect the performance of S&P 500 companies that demonstrate the highest cumulative exposure to three distinct investment characteristics: quality, value, and momentum. To establish the index's constituents, all companies within the broader S&P 500 are assessed and assigned individual scores based on their adherence to these three factors. These factor scores are then combined into a single, equally-weighted composite score. The top 100 companies by this composite score are then chosen for inclusion, with a "buffer rule" implemented to minimize portfolio changes. The weighting of each company within the benchmark index will range from a minimum of 0.05% up to the lesser of 5% or 20 times its market capitalization weight. To prevent excessive concentration in any one area, no sector's weight can exceed 40%. The fund aims to achieve its investment goal by physically acquiring and holding, to the maximum extent practical, all the securities of the Reference Index in their respective proportions. The fund's holdings are adjusted quarterly, mirroring any changes made to the Reference Index during its periodic reviews and rebalances. This ETF operates as a passively managed investment vehicle. An investment in this fund represents the acquisition of shares in an index-tracking fund, rather than direct ownership of the underlying assets it holds.
Key statistics
Expense ratio
0.35%
Assets (AUM)
$66.0M
Holdings
—
NAV
$76.11
Avg. volume
—
1-year price change
+12.94%
5-year price change
+82.56%
Price change excludes dividends.
Top 10 holdings
These 10 are 44.6% of the fund.
Where the money is invested
Sectors
Countries
How to buy PQVM from India
Indian residents can buy PQVM units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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.
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.
Search PQVM and buy
Find the fund by its ticker, PQVM, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in PQVM from India
Trading and taxes when buying PQVM from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the PQVM price today?
Invesco S&P 500 QVM UCITS ETF (PQVM) last traded at $76.17 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 4:32 AM ET. That is ₹7,312 a unit at the 30 Sep 2026 USD/INR rate.
When does PQVM trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is PQVM, and what does it cost to hold?
Invesco S&P 500 QVM UCITS ETF manages about $66.0M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2017.
Is PQVM a UCITS ETF?
Yes. Invesco S&P 500 QVM UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in US dollars.
What are PQVM's largest holdings?
The top three are APPLE INC USD0.00001 (5.7%), EXXONMOBIL HLDIGS COM USD NPV (5.3%) and SANDISK CORP-W/I USD NPV (5.1%). PQVM's 10 largest positions make up 44.6% of the fund.
Is PQVM subject to US estate tax?
No. Because PQVM is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is PQVM accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are US dividends taxed inside PQVM?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on PQVM taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has PQVM performed?
PQVM's price is up 12.9% over the past year and up 82.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is PQVM different from a US-listed ETF?
PQVM is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.