NYSE Arca · ETF
Invest in IQSU ETF from India
Indian and foreign residents can buy NYLI Candriam U.S. Large Equity ETF (IQSU) units directly through Paasa.
By Paasa · Updated
IQSU at a glance
- Price
- $63.30+$0.37 (0.58%)
- Expense ratio
- 0.09%
- Day range
- $62.97 – $63.30
- Assets
- $331.5M
- Domicile
- the US
- Holdings
- 263
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- +1.02%
- 6 months
- +22.13%
- YTD
- +14.78%
- 1 year
- +20.32%
- 5 years
- +65.19%
Price change, excluding dividends.
Top 10 holdings
- 1Apple Inc.AAPL10.4%
- 2Alphabet Inc. Class AGOOGL5.2%
- 3Microsoft CorporationMSFT5.2%
- 4Amazon.com, Inc.AMZN4.8%
- 5Alphabet Inc. Class CGOOG4.5%
- 6Tesla, Inc.TSLA3.4%
- 7Micron Technology, Inc.MU3.4%
- 8Advanced Micro Devices, Inc.AMD3.1%
- 9Visa Inc. Class AV1.7%
- 10Intel CorporationINTC1.7%
IQSU holds 263 securities in total. These 10 are 43.5% of the fund.
Where the money is invested
Sectors
- Technology40.8%
- Communication Services12.4%
- Consumer Cyclical12.3%
- Financial Services11.8%
- Healthcare5.7%
- Industrials5.1%
Countries
- United States96.2%
- Ireland1.5%
- United Kingdom0.8%
- Singapore0.6%
- Switzerland0.3%
- Uruguay0.2%
How to invest in IQSU 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 IQSU and buy
Find the fund by its ticker, IQSU, 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 IQSU from India
What IQSU holds
The NYLI Candriam U.S. Large Cap Equity ETF (IQSU) endeavors to mirror the financial outcomes, encompassing both capital appreciation and dividend income, of the NYLI Candriam U.S. Large Cap Equity Index, before any management fees or operating costs are applied. This exchange-traded fund's underlying index is strategically built to offer investment exposure to shares of prominent and mid-sized American corporations.
Dividends reinvested for you
Dividends from IQSU's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Hold a dollar asset
IQSU 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 IQSU 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 IQSU from India?
Yes. Indian residents can buy NYLI Candriam U.S. Large Equity ETF (IQSU) 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 IQSU invest in?
NYLI Candriam U.S. Large Equity ETF holds 263 securities. Its largest holdings are Apple Inc. (10.4%), Alphabet Inc. Class A (5.2%) and Microsoft Corporation (5.2%). Technology is its largest sector at 40.8%. It is an accumulating fund domiciled in the US.
What is the expense ratio of IQSU?
NYLI Candriam U.S. Large Equity ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about $331.5M.
Does IQSU pay dividends?
No. NYLI Candriam U.S. Large Equity ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell IQSU?
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 IQSU unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $63.30, and there is no minimum trade size.
What happens to my IQSU 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.