NASDAQ · ETF
Invest in QBIG ETF from India
Indian and foreign residents can buy Invesco Top QQQ ETF (QBIG) units directly through Paasa.
By Paasa · Updated
QBIG at a glance
- Price
- $41.65-$0.39 (0.92%)
- Expense ratio
- 0.38%
- Day range
- $41.65 – $41.74
- Assets
- $33.8M
- Domicile
- the US
- Holdings
- 10
- Launched
- 2024
- Dividends
- —
- 1 month
- +0.06%
- 6 months
- +26.50%
- YTD
- +7.61%
- 1 year
- +10.81%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Invesco Premier US Government Money Portfolio55.1%
- 2Societe Generale SA 05/04/202711.2%
- 3NVIDIA Corp7.5%
- 4Bank of America/Merrill Lynch NDXMEGA2 Index7.2%
- 5Apple Inc6.7%
- 6Microsoft Corp5.2%
- 7MIDAS SSTK FOR .GSCBBIG2 GSCBBIG23.6%
- 8Amazon.com Inc3.6%
- 9Alphabet Inc2.7%
- 10Tesla Inc2.6%
QBIG holds 10 securities in total. These 10 are 105.3% of the fund.
Where the money is invested
Sectors
- Technology64.8%
- Consumer Cyclical19.3%
- Communication Services15.9%
Countries
- Other62.7%
- United States37.3%
How to invest in QBIG 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 QBIG and buy
Find the fund by its ticker, QBIG, 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 QBIG from India
What QBIG holds
This actively managed Exchange-Traded Fund (ETF) is designed to pursue its investment objective by gaining exposure to the leading firms within the Nasdaq-100 Index. It accomplishes this specifically through its focus on the Nasdaq-100 Mega Index.
Hold a dollar asset
QBIG 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 QBIG 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 QBIG from India?
Yes. Indian residents can buy Invesco Top QQQ ETF (QBIG) 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 QBIG invest in?
Invesco Top QQQ ETF holds 10 securities. Its largest holdings are Invesco Premier US Government Money Portfolio (55.1%), Societe Generale SA 05/04/2027 (11.2%) and NVIDIA Corp (7.5%). Technology is its largest sector at 64.8%. The fund is domiciled in the US.
What is the expense ratio of QBIG?
Invesco Top QQQ ETF has an expense ratio of 0.38% a year, taken from the fund's assets rather than billed to you. The fund manages about $33.8M.
What tax do I pay in India when I sell QBIG?
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 QBIG unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $41.65, and there is no minimum trade size.
What happens to my QBIG 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.