Invesco S&P 500 QVM UCITS ETF
Invesco S&P 500 QVM UCITS ETF (XETRA: QVMP) is an exchange-traded fund listed on XETRA, trading at €67.75 (about ₹7,362 a unit) as of 1 Oct 2026, 11:35 AM ET. It has an expense ratio of 0.35%. Indian residents can buy QVMP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
€67.14
Today's high
€67.75
52 week low
€52.58
52 week high
€71.70
QVMP opened at €67.59, closed previously at €67.35, and has traded between €52.58 and €71.70 over the past 52 weeks.
About
The Invesco S&P 500 QVM UCITS ETF is designed to mirror the net total return performance of the S&P 500 Quality, Value & Momentum Multi-factor Index (its "Reference Index"), after accounting for fees. This fund issues distributions to investors every quarter. The Reference Index seeks to encompass companies within the broader S&P 500 Index that exhibit the highest overall exposure to three critical investment characteristics: quality, value, and momentum. The selection process involves evaluating all companies in the S&P 500 and assigning individual scores for their performance against these three factors. These scores are then combined with equal weighting to produce a final composite factor score. The hundred top-ranked companies are chosen for index inclusion, with a buffer mechanism in place to limit frequent portfolio changes. Each component's weight within the Benchmark is set to fall between a minimum of 0.05% and the smaller of 5% or 20 times its market capitalization weight. To mitigate excessive concentration, the weight of any single sector is capped at 40%. The fund achieves its objective by, as far as practically possible, holding all securities found in the Reference Index in their appropriate proportions. Its portfolio is adjusted in parallel with changes to the Reference Index, which itself is reviewed and rebalanced on a quarterly cycle. This ETF is passively managed; therefore, an investment represents the purchase of units in an index-tracking fund, rather than direct ownership of the underlying assets it holds.
Key statistics
Expense ratio
0.35%
Assets (AUM)
€58.7M
Holdings
—
NAV
€67.64
Avg. volume
—
1-year price change
+17.74%
5-year price change
+88.04%
Price change excludes dividends.
Top 10 holdings
These 10 are 44.6% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy QVMP from India
Indian residents can buy QVMP 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, and Interactive Brokers converts the dollars to EUR when you buy.
Search QVMP and buy
Find the fund by its ticker, QVMP, on XETRA, and place your order.
Read the full guide: how to invest in QVMP from India
Trading and taxes when buying QVMP from India
Trading and limits
- Trading hours
- 9:00 am – 5:30 pm CET
- 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 QVMP price today?
Invesco S&P 500 QVM UCITS ETF (QVMP) last traded at €67.75 on XETRA, as of 1 Oct 2026, 11:35 AM ET. That is ₹7,362 a unit at the 1 Oct 2026 EUR/INR rate.
When does QVMP trade, in Indian time?
XETRA trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when Germany is on standard time. Orders can only execute during that window.
How big is QVMP, and what does it cost to hold?
Invesco S&P 500 QVM UCITS ETF manages about €58.7M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2017.
Is QVMP 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 XETRA and trades in EUR.
What are QVMP'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%). QVMP's 10 largest positions make up 44.6% of the fund.
Is QVMP subject to US estate tax?
No. Because QVMP 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 QVMP 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 QVMP?
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 QVMP 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 QVMP performed?
QVMP's price is up 17.7% over the past year and up 88.0% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is QVMP different from a US-listed ETF?
QVMP 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.