NYSE Arca · ETF
Invest in CQQQ ETF from India
Indian and foreign residents can buy Invesco China Technology ETF (CQQQ) units directly through Paasa.
By Paasa · Updated
CQQQ at a glance
- Price
- $44.87-$0.30 (0.65%)
- Expense ratio
- 0.65%
- Day range
- $44.80 – $45.10
- Assets
- $2.5B
- Domicile
- the US
- Holdings
- 220
- Launched
- 2009
- Dividends
- Distributing
- 1 month
- -8.32%
- 6 months
- -0.42%
- YTD
- -14.26%
- 1 year
- -22.90%
- 5 years
- -31.79%
Price change, excluding dividends.
Top 10 holdings
- 1Tencent Holdings Ltd10.2%
- 2PDD Holdings Inc10.2%
- 3Meituan9.5%
- 4Baidu Inc6.4%
- 5Kuaishou Technology3.7%
- 6Hua Hong Grace Semiconductor Ltd2.7%
- 7Kingboard Laminates Holdings Ltd2.0%
- 8CAMBRICON TECH A (HK-C)1.9%
- 9HYGON INFO TECH A (HK-C)1.6%
- 10Sunny Optical Technology Group Co Ltd1.5%
CQQQ holds 220 securities in total. These 10 are 49.8% of the fund.
Where the money is invested
Sectors
- Technology49.9%
- Communication Services27.1%
- Consumer Cyclical21.3%
- Industrials1.1%
- Financial Services0.5%
- Basic Materials0.1%
Countries
- China87.2%
- Ireland10.2%
- Hong Kong2.0%
- Singapore0.6%
- Other0.0%
How to invest in CQQQ 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 CQQQ and buy
Find the fund by its ticker, CQQQ, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in CQQQ from India
What CQQQ holds
The Invesco China Technology ETF (CQQQ) aims to replicate the investment performance of the FTSE China Incl A 25% Technology Capped Index. This fund primarily allocates at least 90% of its total assets to the securities, including American and Global Depositary Receipts, that constitute its underlying benchmark.
Hold a dollar asset
CQQQ 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one CQQQ unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy CQQQ from India?
Yes. Indian residents can buy Invesco China Technology ETF (CQQQ) through Paasa. It is listed on NYSE Arca 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 CQQQ invest in?
Invesco China Technology ETF holds 220 securities. Its largest holdings are Tencent Holdings Ltd (10.2%), PDD Holdings Inc (10.2%) and Meituan (9.5%). Technology is its largest sector at 49.9%. It is a distributing fund domiciled in the US.
What is the expense ratio of CQQQ?
Invesco China Technology ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $2.5B.
How are CQQQ dividends taxed in India?
Invesco China Technology ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell CQQQ?
The US does not levy capital gains tax on shares for Indian residents. 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.
Can I buy a fraction of one CQQQ unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $44.87, and there is no minimum trade size.
What happens to my CQQQ units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.