XETRA · UCITS ETF
Invest in IQSE ETF from India
Indian and foreign residents can buy Invesco Global Active ESG Equity UCITS ETF (IQSE) units directly through Paasa.
By Paasa · Updated
IQSE at a glance
- Price
- €101.96-€0.50 (0.49%)
- Expense ratio
- 0.3%
- Day range
- €101.96 – €102.48
- Assets
- €3.0B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2019
- Dividends
- —
- 1 month
- -2.17%
- 6 months
- +19.21%
- YTD
- +14.99%
- 1 year
- +22.42%
- 5 years
- +89.73%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP USD0.001NVDA6.2%
- 2ALPHABET INC-CL A USD0.001GOOGL4.6%
- 3MICROSOFT CORP USD0.00000625MSFT3.6%
- 4TORONTO-DOMINION BANK NPVTD.TO1.8%
- 5BROADCOM INC NPVAVGO1.7%
- 6HSBC HOLDINGS PLC GBP 0.5000HSBA.L1.4%
- 7CAN IMPERIAL BK OF COMMERCE NPVCM.TO1.4%
- 8WESTERN DIGITAL CORP USD0.01WDC1.4%
- 9BANK OF NEW YORK MELLON CORP USD0.01BNY1.4%
- 10LINDE PLC USD NPVLIN.DE1.3%
These 10 are 24.9% of the fund.
Where the money is invested
Sectors
- Technology31.7%
- Financial Services21.8%
- Industrials13.5%
- Communication Services9.8%
- Consumer Cyclical8.8%
- Healthcare7.7%
Countries
- United States65.0%
- Japan8.7%
- Canada4.5%
- France3.7%
- Netherlands3.4%
- United Kingdom2.9%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IQSALSEInvesco Global Active ESG Equity UCITS ETF | 0.3% | 3.4B |
Assets are shown in each fund's own reporting currency.
How to invest in IQSE 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 EUR when you buy.
Step 3
Search IQSE and buy
Find the fund by its ticker, IQSE, on XETRA, and place your order.
Why invest in IQSE from India
What IQSE holds
Designed as an actively managed Exchange-Traded Fund (ETF), this fund targets long-term outperformance relative to the MSCI World Index. Its strategy involves building a worldwide portfolio of equities, each meticulously chosen to satisfy a specific set of environmental, social, and corporate governance (ESG) principles.
Outside US estate tax
IQSE 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 IQSE's UCITS structure matters for Indian investors
IQSE 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 IQSE from India?
Yes. Indian residents can buy Invesco Global Active ESG Equity UCITS ETF (IQSE) through Paasa. It is listed on XETRA and trades in EUR. 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 IQSE invest in?
Its largest holdings are NVIDIA CORP USD0.001 (6.2%), ALPHABET INC-CL A USD0.001 (4.6%) and MICROSOFT CORP USD0.00000625 (3.6%). Technology is its largest sector at 31.7%. The fund is domiciled in Ireland.
What is the expense ratio of IQSE?
Invesco Global Active ESG Equity UCITS ETF has an expense ratio of 0.3% a year, taken from the fund's assets rather than billed to you. The fund manages about €3.0B.
Is IQSE a UCITS ETF, and why does that matter for Indian investors?
Yes. Invesco Global Active ESG Equity 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 IQSE?
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 EUR/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.