SIX Swiss Exchange · UCITS ETF
Invest in CQQQ ETF from India
Indian and foreign residents can buy UBS Solactive China Technology UCITS ETF (CQQQ) units directly through Paasa.
By Paasa · Updated
CQQQ at a glance
- Price
- $6.74-$0.04 (0.55%)
- Expense ratio
- 0.47%
- Day range
- $6.74 – $6.74
- Assets
- $349.5M
- Domicile
- Luxembourg
- Holdings
- 96
- Launched
- 2021
- Dividends
- Accumulating
- 1 month
- -7.98%
- 6 months
- -12.06%
- YTD
- -20.28%
- 1 year
- -29.91%
- 5 years
- -29.64%
Price change, excluding dividends.
Top 10 holdings
- 1ALIBABA GROUP HOLDING LTD9988.HK11.0%
- 2TENCENT HOLDINGS LTD0700.HK9.9%
- 3XIAOMI CORP-CLASS B1810.HK8.3%
- 4MEITUAN-CLASS B3690.HK7.4%
- 5NETEASE INC9999.HK6.0%
- 6BYD CO LTD-H81211.HK5.5%
- 7WUXI BIOLOGICS CAYMAN INC2269.HK3.6%
- 8BAIDU INC-CLASS A-HKD9888.HK3.5%
- 9INNOVENT BIOLOGICS INC1801.HK2.9%
- 10CONTEMPORARY AMPEREX TECHN-H3750.HK1.8%
CQQQ holds 96 securities in total. These 10 are 60.0% of the fund.
Where the money is invested
Sectors
- Technology36.3%
- Consumer Cyclical28.2%
- Communication Services15.5%
- Healthcare15.2%
- Industrials4.4%
- Financial Services0.4%
Countries
- China98.2%
- Hong Kong1.8%
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 the SIX Swiss Exchange, and place your order.
Why invest in CQQQ from India
What CQQQ holds
This exchange-traded fund (ETF) primarily allocates its capital to the companies that constitute the Solactive China Technology Index USD, precisely mirroring the individual weightings of each component within that benchmark. Its central objective is to closely track the price movements and overall returns generated by the Solactive China Technology Index USD, after deducting all applicable expenses.
Outside US estate tax
CQQQ is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from CQQQ's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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.
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 CQQQ's UCITS structure matters for Indian investors
CQQQ 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 CQQQ from India?
Yes. Indian residents can buy UBS Solactive China Technology UCITS ETF (CQQQ) through Paasa. It is listed on the SIX Swiss Exchange 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?
UBS Solactive China Technology UCITS ETF holds 96 securities. Its largest holdings are ALIBABA GROUP HOLDING LTD (11.0%), TENCENT HOLDINGS LTD (9.9%) and XIAOMI CORP-CLASS B (8.3%). Technology is its largest sector at 36.3%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of CQQQ?
UBS Solactive China Technology UCITS ETF has an expense ratio of 0.47% a year, taken from the fund's assets rather than billed to you. The fund manages about $349.5M.
Is CQQQ a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Solactive China Technology 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.
Does CQQQ pay dividends?
No. UBS Solactive China Technology UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell CQQQ?
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.