London Stock Exchange ETF segment · UCITS ETF
Invest in NASD ETF from India
Indian and foreign residents can buy Amundi Core Nasdaq-100 Swap UCITS ETF (NASD) units directly through Paasa.
By Paasa · Updated
NASD at a glance
- Price
- $123.80+$0.48 (0.39%)
- Expense ratio
- 0.22%
- Day range
- $123.46 – $123.80
- Assets
- $8.8B
- Domicile
- Luxembourg
- Holdings
- 227
- Launched
- 2019
- Dividends
- Accumulating
- 1 month
- +2.35%
- 6 months
- +30.74%
- YTD
- +19.27%
- 1 year
- +23.82%
- 5 years
- +110.33%
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INC8.7%
- 2MICROSOFT CORP8.5%
- 3NVIDIA CORP7.6%
- 4AMAZON.COM INC5.9%
- 5ALPHABET INC CL C5.0%
- 6MICRON TECHNOLOGY INC4.3%
- 7ALPHABET INC CL A3.3%
- 8UNITED THERAPEUTICS CORP2.6%
- 9O REILLY AUTOMOTIVE INC2.4%
- 10FORTINET INC2.2%
NASD holds 227 securities in total. These 10 are 50.4% of the fund.
Where the money is invested
Sectors
- Technology42.8%
- Consumer Cyclical13.8%
- Financial Services9.1%
- Communication Services7.8%
- Healthcare7.7%
- Industrials6.3%
Countries
- United States97.8%
- Switzerland0.7%
- Sweden0.6%
- United Kingdom0.5%
- Canada0.3%
- Cayman Islands0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EQQSLSEInvesco NASDAQ-100 Swap UCITS ETF | 0.2% | 3.2B |
| NADQXETRAAmundi Core Nasdaq-100 Swap UCITS ETF Dist | 0.22% | 7.7B |
| HNDXXETRAAmundi Nasdaq-100 Swap UCITS ETF EUR Hedged Acc | 0.35% | 3.0B |
| EQQDLSEInvesco NASDAQ-100 Swap UCITS ETF | 0.2% | 3.2B |
Assets are shown in each fund's own reporting currency.
How to invest in NASD 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 NASD and buy
Find the fund by its ticker, NASD, on the London Stock Exchange ETF segment, and place your order.
Why invest in NASD from India
What NASD holds
The Amundi Core Nasdaq-100 Swap UCITS ETF aims to faithfully track the performance of the NASDAQ-100 Notional Net Total Return Index (the Index), striving for maximum accuracy irrespective of market fluctuations. A primary goal is also to keep the discrepancy between the Sub-Fund's net asset value and the Index's returns to a minimum.
Outside US estate tax
NASD is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from NASD'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
NASD 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 NASD's UCITS structure matters for Indian investors
NASD is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy NASD from India?
Yes. Indian residents can buy Amundi Core Nasdaq-100 Swap UCITS ETF (NASD) 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 NASD invest in?
Amundi Core Nasdaq-100 Swap UCITS ETF holds 227 securities. Its largest holdings are APPLE INC (8.7%), MICROSOFT CORP (8.5%) and NVIDIA CORP (7.6%). Technology is its largest sector at 42.8%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of NASD?
Amundi Core Nasdaq-100 Swap UCITS ETF has an expense ratio of 0.22% a year, taken from the fund's assets rather than billed to you. The fund manages about $8.8B.
Is NASD a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Core Nasdaq-100 Swap UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does NASD pay dividends?
No. Amundi Core Nasdaq-100 Swap UCITS 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 NASD?
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.