London Stock Exchange ETF segment · UCITS ETF
Invest in EQQJ ETF from India
Indian and foreign residents can buy Invesco NASDAQ Next Generation 100 UCITS ETF (EQQJ) units directly through Paasa.
By Paasa · Updated
EQQJ at a glance
- Price
- $54.01+$0.59 (1.10%)
- Expense ratio
- 0.25%
- Day range
- $53.73 – $54.01
- Assets
- $56.3M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- -3.62%
- 6 months
- +26.67%
- YTD
- +18.99%
- 1 year
- +25.05%
- 5 years
- +37.22%
Price change, excluding dividends.
Top 10 holdings
- 1NATERA INC USD0.00013.0%
- 2EBAY INC USD0.0012.4%
- 3REVOLUTION MEDICINES INC USD NPV2.2%
- 4FLEX LTD NPV2.1%
- 5ILLUMINA INC USD0.012.1%
- 6NETAPP INC USD0.0012.1%
- 7UNITED AIRLINES HOLDINGS INC USD0.011.8%
- 8CREDO TECHNOLO USD 0.0000500001.8%
- 9OKTA INC NPV1.7%
- 10Biogen Inc USD0.00051.7%
These 10 are 20.9% of the fund.
Where the money is invested
Countries
- United States84.1%
- Israel3.8%
- Cayman Islands1.8%
- China1.4%
- United Kingdom1.3%
- Netherlands1.3%
How to invest in EQQJ 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 EQQJ and buy
Find the fund by its ticker, EQQJ, on the London Stock Exchange ETF segment, and place your order.
Why invest in EQQJ from India
What EQQJ holds
The Invesco NASDAQ Next Generation 100 UCITS ETF Acc aims to mirror the total return performance of the NASDAQ Next Generation 100 Index, its benchmark, after accounting for all fees. This benchmark index focuses on identifying the top 100 non-financial companies listed on the NASDAQ exchange that are not already part of the more established NASDAQ-100 Index.
Outside US estate tax
EQQJ is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
EQQJ 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 EQQJ's UCITS structure matters for Indian investors
EQQJ 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 EQQJ from India?
Yes. Indian residents can buy Invesco NASDAQ Next Generation 100 UCITS ETF (EQQJ) 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 EQQJ 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%). The fund is domiciled in Ireland.
What is the expense ratio of EQQJ?
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 $56.3M.
Is EQQJ 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 EQQJ?
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.