London Stock Exchange ETF segment · UCITS ETF
Invest in EMQQ ETF from India
Indian and foreign residents can buy EMQQ Emerging Markets Internet UCITS ETF (EMQQ) units directly through Paasa.
By Paasa · Updated
EMQQ at a glance
- Price
- $9.06-$0.10 (1.05%)
- Expense ratio
- 0.86%
- Day range
- $9.05 – $9.21
- Assets
- $113.7M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2018
- Dividends
- Accumulating
- 1 month
- -8.59%
- 6 months
- -6.23%
- YTD
- -23.88%
- 1 year
- -31.94%
- 5 years
- -35.27%
Price change, excluding dividends.
Top 10 holdings
- 1SEA LTD-ADR8.7%
- 2MERCADOLIBRE INC COMMON8.4%
- 3NU HOLDINGS LTD/CAYMAN7.4%
- 4TENCENT HOLDINGS LTD6.4%
- 5PDD HOLDINGS INC ADR USD5.9%
- 6ALIBABA GROUP HOLDING LTD5.6%
- 7BAJAJ FINANCE LTD COMMON4.4%
- 8MEITUAN COMMON STOCK HKD4.3%
- 9ETERNAL LTD COMMON STOCK4.1%
- 10NETEASE INC COMMON STOCK3.6%
These 10 are 58.8% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical45.9%
- Communication Services22.4%
- Financial Services17.0%
- Technology11.1%
- Healthcare1.3%
- Real Estate1.0%
Countries
- China30.2%
- India16.4%
- Singapore12.2%
- Brazil9.9%
- Uruguay8.5%
- Ireland5.8%
How to invest in EMQQ 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 EMQQ and buy
Find the fund by its ticker, EMQQ, on the London Stock Exchange ETF segment, and place your order.
Why invest in EMQQ from India
What EMQQ holds
The EMQQ Emerging Markets Internet UCITS ETF (EMQQ) offers investors exposure to the significant expansion of online consumer activity across the developing world. This surge is propelled by an expanding middle class and the widespread availability of affordable smartphones, granting unprecedented internet access to vast populations for the very first time.
Outside US estate tax
EMQQ is domiciled in Ireland, 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 EMQQ'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
EMQQ 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 EMQQ's UCITS structure matters for Indian investors
EMQQ 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 EMQQ from India?
Yes. Indian residents can buy EMQQ Emerging Markets Internet UCITS ETF (EMQQ) 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 EMQQ invest in?
Its largest holdings are SEA LTD-ADR (8.7%), MERCADOLIBRE INC COMMON (8.4%) and NU HOLDINGS LTD/CAYMAN (7.4%). Consumer Cyclical is its largest sector at 45.9%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of EMQQ?
EMQQ Emerging Markets Internet UCITS ETF has an expense ratio of 0.86% a year, taken from the fund's assets rather than billed to you. The fund manages about $113.7M.
Is EMQQ a UCITS ETF, and why does that matter for Indian investors?
Yes. EMQQ Emerging Markets Internet 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.
Does EMQQ pay dividends?
No. EMQQ Emerging Markets Internet 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 EMQQ?
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.