NASDAQ · ETF
Invest in NXTG ETF from India
Indian and foreign residents can buy First Trust Indxx NextG ETF (NXTG) units directly through Paasa.
By Paasa · Updated
NXTG at a glance
- Price
- $154.45-$0.31 (0.20%)
- Expense ratio
- 0.7%
- Day range
- $153.90 – $155.38
- Assets
- $571.6M
- Domicile
- the US
- Holdings
- 100
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- +1.67%
- 6 months
- +40.64%
- YTD
- +42.47%
- 1 year
- +49.89%
- 5 years
- +102.40%
Price change, excluding dividends.
Top 10 holdings
- 1Advantech Co., Ltd.2.0%
- 2Lenovo Group Limited2.0%
- 3Super Micro Computer, Inc.1.8%
- 4Hewlett Packard Enterprise Company1.8%
- 5Arista Networks, Inc.1.7%
- 6Advanced Micro Devices, Inc.1.7%
- 7United Microelectronics Corporation1.7%
- 8ASE Technology Holding Co., Ltd.1.7%
- 9MediaTek Inc.1.6%
- 10Skyworks Solutions, Inc.1.6%
NXTG holds 100 securities in total. These 10 are 17.5% of the fund.
Where the money is invested
Sectors
- Technology63.9%
- Communication Services23.1%
- Real Estate6.6%
- Industrials6.0%
- Consumer Cyclical0.5%
Countries
- United States37.7%
- Taiwan12.4%
- Japan12.3%
- India6.5%
- South Korea5.0%
- China3.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| NXTULSEFirst Trust Indxx NextG UCITS ETF | 0.7% | 9.8M |
Assets are shown in each fund's own reporting currency.
How to invest in NXTG 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 NXTG and buy
Find the fund by its ticker, NXTG, 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 NXTG from India
What NXTG holds
The First Trust Indxx NextG ETF, which was previously known as the First Trust Nasdaq Smartphone Index Fund, is designed to closely replicate the investment outcomes—specifically the price appreciation and income generation (before any fund-specific fees and operational costs are applied)—of an equity benchmark called the Indxx 5G & NextG Thematic Index SM. To accomplish this objective, the fund typically allocates at least 90% of its net assets (including any capital obtained through borrowing) to invest in the common equities and depositary receipts that constitute the underlying index.
Hold a dollar asset
NXTG 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 NXTG 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 NXTG from India?
Yes. Indian residents can buy First Trust Indxx NextG ETF (NXTG) 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 NXTG invest in?
First Trust Indxx NextG ETF holds 100 securities. Its largest holdings are Advantech Co., Ltd. (2.0%), Lenovo Group Limited (2.0%) and Super Micro Computer, Inc. (1.8%). Technology is its largest sector at 63.9%. It is a distributing fund domiciled in the US.
What is the expense ratio of NXTG?
First Trust Indxx NextG ETF has an expense ratio of 0.7% a year, taken from the fund's assets rather than billed to you. The fund manages about $571.6M.
How are NXTG dividends taxed in India?
First Trust Indxx NextG ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India. 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 NXTG?
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 NXTG unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $154.45, and there is no minimum trade size.
What happens to my NXTG 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.