NYSE Arca · ETF
Invest in HEQT ETF from India
Indian and foreign residents can buy Simplify Equity ETF (HEQT) units directly through Paasa.
By Paasa · Updated
HEQT at a glance
- Price
- $34.33-$0.11 (0.32%)
- Expense ratio
- 0.53%
- Day range
- $34.25 – $34.42
- Assets
- $318.6M
- Domicile
- the US
- Holdings
- 11
- Launched
- 2021
- Dividends
- Distributing
- 1 month
- -0.44%
- 6 months
- +10.92%
- YTD
- +6.78%
- 1 year
- +10.10%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1ISHARES CORE S+P 500 ETF100.0%
- 2SPX US 12/18/26 P7260 Index0.4%
- 3SPX US 11/20/26 P7275 Index0.2%
- 4SPX US 10/16/26 P7140 Index0.0%
- 5Cash0.0%
- 6SPX US 10/16/26 P6025 Index—
- 7SPX US 11/20/26 P6125 Index—
- 8SPX US 12/18/26 P6100 Index—
- 9SPX US 10/16/26 C7850 Index—
- 10SPX US 11/20/26 C8030 Index—
HEQT holds 11 securities in total. These 10 are 100.3% of the fund.
Where the money is invested
Sectors
- Technology38.7%
- Financial Services12.1%
- Communication Services9.5%
- Consumer Cyclical9.3%
- Healthcare9.3%
- Industrials7.8%
Countries
- United States100.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| HIGHAMEXSimplify Enhanced Income ETF | 0.5% | 58.7M |
Assets are shown in each fund's own reporting currency.
How to invest in HEQT 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 HEQT and buy
Find the fund by its ticker, HEQT, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in HEQT from India
What HEQT holds
The Simplify Hedged Equity ETF (HEQT) is engineered to generate long-term capital growth by focusing its investments on major U.S. companies. Simultaneously, it employs a sophisticated strategy of put-spread collars.
Hold a dollar asset
HEQT 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one HEQT unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy HEQT from India?
Yes. Indian residents can buy Simplify Equity ETF (HEQT) through Paasa. It is listed on NYSE Arca 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 HEQT invest in?
Simplify Equity ETF holds 11 securities. Its largest holdings are ISHARES CORE S+P 500 ETF (100.0%), SPX US 12/18/26 P7260 Index (0.4%) and SPX US 11/20/26 P7275 Index (0.2%). Technology is its largest sector at 38.7%. It is a distributing fund domiciled in the US.
What is the expense ratio of HEQT?
Simplify Equity ETF has an expense ratio of 0.53% a year, taken from the fund's assets rather than billed to you. The fund manages about $318.6M.
How are HEQT dividends taxed in India?
Simplify Equity ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell HEQT?
The US does not levy capital gains tax on shares for Indian residents. 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.
Can I buy a fraction of one HEQT unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $34.33, and there is no minimum trade size.
What happens to my HEQT units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.