London Stock Exchange ETF segment · UCITS ETF
Invest in EQGB ETF from India
Indian and foreign residents can buy Invesco EQQQ Nasdaq-100 UCITS ETF Hdg (EQGB) units directly through Paasa.
By Paasa · Updated
EQGB at a glance
- Price
- £580.60+£5.30 (0.92%)
- Expense ratio
- 0.35%
- Day range
- £573.50 – £581.10
- Assets
- £16.3B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2017
- Dividends
- Accumulating
- 1 month
- +3.07%
- 6 months
- +31.66%
- YTD
- +19.29%
- 1 year
- +24.18%
- 5 years
- +99.33%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP USD0.0018.4%
- 2APPLE INC USD0.000017.3%
- 3MICROSOFT CORP USD0.000006255.8%
- 4MICRON TECHNOLOGY INC USD0.15.1%
- 5ADVANCED MICRO DEVICES USD0.014.2%
- 6AMAZON.COM INC USD0.014.1%
- 7Meta Platforms INC USD0.0000063.4%
- 8ALPHABET INC-CL A USD0.0013.1%
- 9ALPHABET INC-CL C USD0.0012.8%
- 10TESLA INC USD0.0012.8%
These 10 are 46.9% of the fund.
Where the money is invested
Sectors
- Technology59.1%
- Communication Services12.7%
- Consumer Cyclical11.1%
- Consumer Defensive6.2%
- Industrials4.1%
- Healthcare4.0%
Countries
- United States95.6%
- United Kingdom1.6%
- Netherlands1.3%
- Canada0.9%
- Uruguay0.4%
- Ireland0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EQEUXETRAInvesco EQQQ NASDAQ-100 UCITS ETF (EUR Hdg) | 0.35% | 19.1B |
Assets are shown in each fund's own reporting currency.
How to invest in EQGB 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 GBP when you buy.
Step 3
Search EQGB and buy
Find the fund by its ticker, EQGB, on the London Stock Exchange ETF segment, and place your order.
Why invest in EQGB from India
What EQGB holds
The investment objective of the Fund is to provide investors with investment results which, before expenses, generally correspond to the price and yield performance of the Index.
Outside US estate tax
EQGB 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 EQGB's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
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 EQGB's UCITS structure matters for Indian investors
EQGB 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 EQGB from India?
Yes. Indian residents can buy Invesco EQQQ Nasdaq-100 UCITS ETF Hdg (EQGB) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. 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 EQGB invest in?
Its largest holdings are NVIDIA CORP USD0.001 (8.4%), APPLE INC USD0.00001 (7.3%) and MICROSOFT CORP USD0.00000625 (5.8%). Technology is its largest sector at 59.1%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of EQGB?
Invesco EQQQ Nasdaq-100 UCITS ETF Hdg has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about £16.3B.
Is EQGB a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco EQQQ Nasdaq-100 UCITS ETF Hdg 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 EQGB pay dividends?
No. Invesco EQQQ Nasdaq-100 UCITS ETF Hdg 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 EQGB?
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 GBP/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.