London Stock Exchange ETF segment · UCITS ETF
Invest in AQWA ETF from India
Indian and foreign residents can buy Global X - Clean Water UCITS ETF (AQWA) units directly through Paasa.
By Paasa · Updated
AQWA at a glance
- Price
- $30.28+$0.22 (0.72%)
- Expense ratio
- 0.5%
- Day range
- $30.21 – $30.39
- Assets
- $27.2M
- Domicile
- Ireland
- Holdings
- 40
- Launched
- 2021
- Dividends
- —
- 1 month
- -5.00%
- 6 months
- -3.03%
- YTD
- -4.77%
- 1 year
- -5.60%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1AMERICAN WATER WORKS CO INC8.2%
- 2FERGUSON ENTERPRISES INC8.1%
- 3UNITED UTILITIES GROUP PLC8.1%
- 4XYLEM INC7.3%
- 5SEVERN TRENT PLC6.5%
- 6WATTS WATER TECHNOLOGIES-A4.5%
- 7CORE & MAIN INC-CLASS A4.5%
- 8Zurn Elkay Water Solutions Corporation4.5%
- 9SMITH (A.O.) CORP4.4%
- 10ADVANCED DRAINAGE SYSTEMS IN4.2%
AQWA holds 40 securities in total. These 10 are 60.4% of the fund.
Where the money is invested
Sectors
- Industrials54.1%
- Utilities36.1%
- Consumer Defensive3.8%
- Technology2.7%
- Consumer Cyclical2.6%
- Basic Materials0.7%
Countries
- United States62.8%
- United Kingdom18.1%
- China5.5%
- Japan5.3%
- Other3.3%
- South Korea2.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| GLUGLSEL&G Clean Water UCITS ETF | 0.49% | 771.5M |
| AQWANASDAQGlobal X - Clean Water ETF | 0.5% | 20.4M |
Assets are shown in each fund's own reporting currency.
How to invest in AQWA 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 AQWA and buy
Find the fund by its ticker, AQWA, on the London Stock Exchange ETF segment, and place your order.
Why invest in AQWA from India
What AQWA holds
The Global X Clean Water UCITS ETF (AQWA LN) is structured to replicate the financial performance, encompassing both capital appreciation and income generation, of the Solactive Global Clean Water Industry v2 Index. This objective is pursued before the deduction of any associated management fees or operational expenses.
Outside US estate tax
AQWA 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
AQWA 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 AQWA's UCITS structure matters for Indian investors
AQWA 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 AQWA from India?
Yes. Indian residents can buy Global X - Clean Water UCITS ETF (AQWA) 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 AQWA invest in?
Global X - Clean Water UCITS ETF holds 40 securities. Its largest holdings are AMERICAN WATER WORKS CO INC (8.2%), FERGUSON ENTERPRISES INC (8.1%) and UNITED UTILITIES GROUP PLC (8.1%). Industrials is its largest sector at 54.1%. The fund is domiciled in Ireland.
What is the expense ratio of AQWA?
Global X - Clean Water UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $27.2M.
Is AQWA a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X - Clean Water 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 AQWA?
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.