NASDAQ · ETF
Invest in JTEK ETF from India
Indian and foreign residents can buy JPMorgan U.S. Tech Leaders ETF (JTEK) units directly through Paasa.
By Paasa · Updated
JTEK at a glance
- Price
- $105.59-$0.48 (0.45%)
- Expense ratio
- 0.65%
- Day range
- $105.29 – $106.36
- Assets
- $4.7B
- Domicile
- the US
- Holdings
- 69
- Launched
- 2023
- Dividends
- —
- 1 month
- +7.88%
- 6 months
- +29.42%
- YTD
- +16.12%
- 1 year
- +15.24%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP COMMON STOCKNVDA4.5%
- 2CROWDSTRIKE HOLDINGS INCCRWD3.6%
- 3META PLATFORMS INCMETA3.6%
- 4BROADCOM INC COMMONAVGO3.6%
- 5PALO ALTO NETWORKS INCPANW3.5%
- 6INTEL CORP COMMON STOCKINTC3.4%
- 7ADVANCED MICRO DEVICESAMD3.1%
- 8SALESFORCE.COM INC.CRM3.1%
- 9TESLA INC COMMON STOCKTSLA2.9%
- 10SNOWFLAKE INC COMMONSNOW2.9%
JTEK holds 69 securities in total. These 10 are 34.3% of the fund.
Where the money is invested
Sectors
- Technology76.0%
- Communication Services8.2%
- Consumer Cyclical5.5%
- Financial Services4.2%
- Industrials3.1%
- Healthcare3.1%
Countries
- United States91.7%
- Canada2.4%
- Netherlands2.1%
- Other1.5%
- Taiwan1.1%
- Brazil0.6%
How to invest in JTEK 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 JTEK and buy
Find the fund by its ticker, JTEK, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in JTEK from India
What JTEK holds
The JPMorgan U.S. Tech Leaders ETF primarily allocates capital to equity securities issued by companies in the technology sector, as well as those whose operations are heavily enabled by technology. The fund's adviser specifically targets businesses it considers to be industry leaders.
Hold a dollar asset
JTEK 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 JTEK 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 JTEK from India?
Yes. Indian residents can buy JPMorgan U.S. Tech Leaders ETF (JTEK) through Paasa. It is listed on NASDAQ 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 JTEK invest in?
JPMorgan U.S. Tech Leaders ETF holds 69 securities. Its largest holdings are NVIDIA CORP COMMON STOCK (4.5%), CROWDSTRIKE HOLDINGS INC (3.6%) and META PLATFORMS INC (3.6%). Technology is its largest sector at 76.0%. The fund is domiciled in the US.
What is the expense ratio of JTEK?
JPMorgan U.S. Tech Leaders ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $4.7B.
What tax do I pay in India when I sell JTEK?
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 JTEK unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $105.59, and there is no minimum trade size.
What happens to my JTEK 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.