London Stock Exchange ETF segment · UCITS ETF
Invest in JEPQ ETF from India
Indian and foreign residents can buy JPMORGAN ETFS IRELAND ICAV - NASDAQ Equity Premium Active Ucits ETF (JEPQ) units directly through Paasa.
By Paasa · Updated
JEPQ at a glance
- Price
- $27.90-$0.01 (0.04%)
- Expense ratio
- 0.35%
- Day range
- $27.72 – $27.95
- Assets
- $4.6B
- Domicile
- Ireland
- Holdings
- 109
- Launched
- 2024
- Dividends
- Distributing
- 1 month
- +1.66%
- 6 months
- +13.86%
- YTD
- +4.59%
- 1 year
- +7.83%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP8.7%
- 2APPLE INC7.7%
- 3MICROSOFT CORP6.1%
- 4MICRON TECHNOLOGY INC5.8%
- 5ALPHABET INC-CL C5.6%
- 6ADVANCED MICRO DEVICES4.6%
- 7AMAZON.COM INC4.4%
- 8Cash and Cash Equivalent3.9%
- 9META PLATFORMS INC-CLASS A3.5%
- 10TESLA INC2.4%
JEPQ holds 109 securities in total. These 10 are 52.7% of the fund.
Where the money is invested
Sectors
- Technology59.2%
- Communication Services12.6%
- Consumer Cyclical11.5%
- Consumer Defensive5.8%
- Healthcare4.4%
- Industrials3.5%
Countries
- United States93.6%
- Netherlands1.9%
- Other1.8%
- United Kingdom1.1%
- Canada0.6%
- Ireland0.5%
How to invest in JEPQ 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 JEPQ and buy
Find the fund by its ticker, JEPQ, on the London Stock Exchange ETF segment, and place your order.
Why invest in JEPQ from India
What JEPQ holds
The objective of the Sub-Fund is to provide income and long-term capital growth.
Outside US estate tax
JEPQ 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
JEPQ 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 JEPQ's UCITS structure matters for Indian investors
JEPQ 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 JEPQ from India?
Yes. Indian residents can buy JPMORGAN ETFS IRELAND ICAV - NASDAQ Equity Premium Active Ucits ETF (JEPQ) 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 JEPQ invest in?
JPMORGAN ETFS IRELAND ICAV - NASDAQ Equity Premium Active Ucits ETF holds 109 securities. Its largest holdings are NVIDIA CORP (8.7%), APPLE INC (7.7%) and MICROSOFT CORP (6.1%). Technology is its largest sector at 59.2%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of JEPQ?
JPMORGAN ETFS IRELAND ICAV - NASDAQ Equity Premium Active Ucits ETF has an expense ratio of 0.35% a year, taken from the fund's assets rather than billed to you. The fund manages about $4.6B.
Is JEPQ a UCITS ETF, and why does that matter for Indian investors?
Yes. JPMORGAN ETFS IRELAND ICAV - NASDAQ Equity Premium Active 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.
How are JEPQ dividends taxed in India?
JPMORGAN ETFS IRELAND ICAV - NASDAQ Equity Premium Active Ucits ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. 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 JEPQ?
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.