XETRA · UCITS ETF
Invest in 6AQQ ETF from India
Indian and foreign residents can buy Amundi Index Solutions - NASDAQ-100 UCITS ETF (6AQQ) units directly through Paasa.
By Paasa · Updated
6AQQ at a glance
- Price
- €308.80+€2.05 (0.67%)
- Expense ratio
- 0.23%
- Day range
- €305.70 – €308.80
- Assets
- €3.0B
- Domicile
- Luxembourg
- Holdings
- 161
- Launched
- 2018
- Dividends
- —
- 1 month
- +6.67%
- 6 months
- +33.22%
- YTD
- +24.44%
- 1 year
- +29.10%
- 5 years
- +118.02%
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INC9.0%
- 2NVIDIA CORP8.2%
- 3AMAZON.COM INC7.2%
- 4RTX CORP5.6%
- 5MICROSOFT CORP3.8%
- 6GOLDMAN SACHS GROUP INC3.3%
- 7META PLATFORMS INC-CLASS A3.2%
- 8WARNER BROS DISCOVERY INC3.1%
- 9TESLA INC2.8%
- 10ALPHABET INC CL A2.4%
6AQQ holds 161 securities in total. These 10 are 48.7% of the fund.
Where the money is invested
Sectors
- Technology32.5%
- Financial Services13.7%
- Consumer Cyclical12.4%
- Industrials10.4%
- Communication Services9.0%
- Consumer Defensive6.1%
Countries
- United States95.5%
- France3.6%
- Bermuda0.4%
- United Kingdom0.4%
How to invest in 6AQQ 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 EUR when you buy.
Step 3
Search 6AQQ and buy
Find the fund by its ticker, 6AQQ, on XETRA, and place your order.
Why invest in 6AQQ from India
What 6AQQ holds
To track the performance of NASDAQ-100 Index (the Index), and to minimize the tracking error between the net asset value of the sub-fund and the performance of the Index.
Outside US estate tax
6AQQ is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 6AQQ's UCITS structure matters for Indian investors
6AQQ 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 6AQQ from India?
Yes. Indian residents can buy Amundi Index Solutions - NASDAQ-100 UCITS ETF (6AQQ) through Paasa. It is listed on XETRA and trades in EUR. 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 6AQQ invest in?
Amundi Index Solutions - NASDAQ-100 UCITS ETF holds 161 securities. Its largest holdings are APPLE INC (9.0%), NVIDIA CORP (8.2%) and AMAZON.COM INC (7.2%). Technology is its largest sector at 32.5%. The fund is domiciled in Luxembourg.
What is the expense ratio of 6AQQ?
Amundi Index Solutions - NASDAQ-100 UCITS ETF has an expense ratio of 0.23% a year, taken from the fund's assets rather than billed to you. The fund manages about €3.0B.
Is 6AQQ a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Index Solutions - NASDAQ-100 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.
What tax do I pay in India when I sell 6AQQ?
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 EUR/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.