London Stock Exchange ETF segment · UCITS ETF
Invest in EQQS ETF from India
Indian and foreign residents can buy Invesco NASDAQ-100 Swap UCITS ETF (EQQS) units directly through Paasa.
By Paasa · Updated
EQQS at a glance
- Price
- $95.97+$0.82 (0.86%)
- Expense ratio
- 0.2%
- Day range
- $94.91 – $95.97
- Assets
- $3.2B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- +2.93%
- 6 months
- +32.38%
- YTD
- +20.05%
- 1 year
- +25.04%
- 5 years
- +111.93%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA ORD8.3%
- 2APPLE ORD7.3%
- 3MICROSOFT ORD5.8%
- 4MICRON TECHNOLOGY ORD5.1%
- 5ADVANCED MICRO DEVICES ORD4.2%
- 6AMAZON COM ORD4.1%
- 7META PLATFORMS CL A ORD3.3%
- 8ALPHABET CL A ORD3.0%
- 9ALPHABET CL C ORD2.8%
- 10TESLA ORD2.8%
These 10 are 46.7% of the fund.
Where the money is invested
Sectors
- Technology60.2%
- Communication Services12.4%
- Consumer Cyclical9.9%
- Consumer Defensive5.6%
- Industrials5.4%
- Healthcare3.7%
Countries
- United States94.6%
- United Kingdom1.6%
- Netherlands1.4%
- Canada0.9%
- Singapore0.9%
- Uruguay0.4%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| NASDLSEAmundi Core Nasdaq-100 Swap UCITS ETF Acc | 0.22% | 8.8B |
| NADQXETRAAmundi Core Nasdaq-100 Swap UCITS ETF Dist | 0.22% | 7.7B |
| HNDXXETRAAmundi Nasdaq-100 Swap UCITS ETF EUR Hedged Acc | 0.35% | 3.0B |
| EQQDLSEInvesco NASDAQ-100 Swap UCITS ETF | 0.2% | 3.2B |
Assets are shown in each fund's own reporting currency.
How to invest in EQQS 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 EQQS and buy
Find the fund by its ticker, EQQS, on the London Stock Exchange ETF segment, and place your order.
Why invest in EQQS from India
What EQQS holds
The Invesco NASDAQ-100 Swap UCITS ETF Acc is designed to closely match the net total return performance of the NASDAQ-100 Index (its chosen benchmark), after accounting for fund expenses. The NASDAQ-100 Index itself is composed of the 100 largest non-financial U.S. and international corporations listed on the NASDAQ Stock Market, ranked by their market capitalization.
Outside US estate tax
EQQS 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
EQQS 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 EQQS' UCITS structure matters for Indian investors
EQQS 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 EQQS from India?
Yes. Indian residents can buy Invesco NASDAQ-100 Swap UCITS ETF (EQQS) 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 EQQS invest in?
Its largest holdings are NVIDIA ORD (8.3%), APPLE ORD (7.3%) and MICROSOFT ORD (5.8%). Technology is its largest sector at 60.2%. The fund is domiciled in Ireland.
What is the expense ratio of EQQS?
Invesco NASDAQ-100 Swap UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about $3.2B.
Is EQQS a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco NASDAQ-100 Swap 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 EQQS?
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.