London Stock Exchange ETF segment · UCITS ETF
Invest in NXTU ETF from India
Indian and foreign residents can buy First Trust Indxx NextG UCITS ETF (NXTU) units directly through Paasa.
By Paasa · Updated
NXTU at a glance
- Price
- $56.78+$0.04 (0.06%)
- Expense ratio
- 0.7%
- Day range
- $55.38 – $56.99
- Assets
- $9.7M
- Domicile
- Ireland
- Holdings
- 100
- Launched
- 2015
- Dividends
- —
- 1 month
- +0.97%
- 6 months
- +43.23%
- YTD
- +42.87%
- 1 year
- +50.28%
- 5 years
- -97.80%
Price change, excluding dividends.
Top 10 holdings
- 1Advantech Co., Ltd.2.0%
- 2Lenovo Group Limited1.9%
- 3Super Micro Computer, Inc.1.8%
- 4Advanced Micro Devices, Inc.1.7%
- 5Hewlett Packard Enterprise Company1.7%
- 6Arista Networks, Inc.1.7%
- 7United Microelectronics Corporation1.7%
- 8Ase Technology Holding Co., Ltd.1.6%
- 9Skyworks Solutions, Inc.1.6%
- 10Qorvo, Inc.1.6%
NXTU holds 100 securities in total. These 10 are 17.4% of the fund.
Where the money is invested
Countries
- United States37.6%
- Taiwan (Province of China)12.3%
- Japan12.3%
- India6.5%
- Korea (the Republic of)5.1%
- China3.5%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| NXTGNASDAQFirst Trust Indxx NextG ETF | 0.7% | 571.6M |
Assets are shown in each fund's own reporting currency.
How to invest in NXTU 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 NXTU and buy
Find the fund by its ticker, NXTU, on the London Stock Exchange ETF segment, and place your order.
Why invest in NXTU from India
What NXTU holds
The Fund seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an equity index called the Indxx 5G & NextG Thematic Index (the Index)
Outside US estate tax
NXTU 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
NXTU 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 NXTU's UCITS structure matters for Indian investors
NXTU 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 NXTU from India?
Yes. Indian residents can buy First Trust Indxx NextG UCITS ETF (NXTU) 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 NXTU invest in?
First Trust Indxx NextG UCITS ETF holds 100 securities. Its largest holdings are Advantech Co., Ltd. (2.0%), Lenovo Group Limited (1.9%) and Super Micro Computer, Inc. (1.8%). The fund is domiciled in Ireland.
What is the expense ratio of NXTU?
First Trust Indxx NextG UCITS 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 $9.7M.
Is NXTU a UCITS ETF, and why does that matter for Indian investors?
Yes. First Trust Indxx NextG 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.
What tax do I pay in India when I sell NXTU?
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.