London Stock Exchange ETF segment · UCITS ETF
Invest in EQJS ETF from India
Indian and foreign residents can buy Invesco NASDAQ Next Generation 100 UCITS ETF (EQJS) units directly through Paasa.
By Paasa · Updated
EQJS at a glance
- Price
- £40.72+£0.03 (0.06%)
- Expense ratio
- 0.25%
- Day range
- £40.56 – £40.85
- Assets
- £42.4M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- +0.60%
- 6 months
- +20.60%
- YTD
- +20.83%
- 1 year
- +25.76%
- 5 years
- +41.41%
Price change, excluding dividends.
Top 10 holdings
- 1NATERA INC USD0.00013.0%
- 2EBAY INC USD0.0012.4%
- 3REVOLUTION MEDICINES INC USD NPV2.2%
- 4ILLUMINA INC USD0.012.1%
- 5NETAPP INC USD0.0012.1%
- 6FLEX LTD NPV2.0%
- 7CREDO TECHNOLO USD 0.0000500001.8%
- 8UNITED AIRLINES HOLDINGS INC USD0.011.8%
- 9OKTA INC NPV1.8%
- 10Biogen Inc USD0.00051.7%
These 10 are 20.9% of the fund.
Where the money is invested
Sectors
- Technology34.8%
- Healthcare25.4%
- Consumer Cyclical11.6%
- Industrials11.4%
- Communication Services6.0%
- Basic Materials2.8%
Countries
- United States84.2%
- Israel3.6%
- Cayman Islands1.8%
- China1.4%
- United Kingdom1.3%
- Netherlands1.3%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EQQJLSEInvesco NASDAQ Next Generation 100 UCITS ETF | 0.25% | 56.3M |
Assets are shown in each fund's own reporting currency.
How to invest in EQJS 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 EQJS and buy
Find the fund by its ticker, EQJS, on the London Stock Exchange ETF segment, and place your order.
Why invest in EQJS from India
What EQJS holds
The Invesco NASDAQ Next Generation 100 UCITS ETF Acc aims to replicate the net total return, post-fees, of the NASDAQ Next Generation 100 Index, its designated benchmark. This underlying index is structured to track the performance of the subsequent wave of non-financial enterprises listed on the NASDAQ exchange.
Outside US estate tax
EQJS is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 EQJS' UCITS structure matters for Indian investors
EQJS 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 EQJS from India?
Yes. Indian residents can buy Invesco NASDAQ Next Generation 100 UCITS ETF (EQJS) 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 EQJS invest in?
Its largest holdings are NATERA INC USD0.0001 (3.0%), EBAY INC USD0.001 (2.4%) and REVOLUTION MEDICINES INC USD NPV (2.2%). Technology is its largest sector at 34.8%. The fund is domiciled in Ireland.
What is the expense ratio of EQJS?
Invesco NASDAQ Next Generation 100 UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about £42.4M.
Is EQJS a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco NASDAQ Next Generation 100 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 EQJS?
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.