XETRA · UCITS ETF
Invest in QDVA ETF from India
Indian and foreign residents can buy iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA) units directly through Paasa.
By Paasa · Updated
QDVA at a glance
- Price
- €19.67+€0.15 (0.77%)
- Expense ratio
- 0.2%
- Day range
- €19.47 – €19.82
- Assets
- €564.1M
- Domicile
- Ireland
- Holdings
- 125
- Launched
- 2016
- Dividends
- —
- 1 month
- +9.99%
- 6 months
- +34.51%
- YTD
- +31.90%
- 1 year
- +31.81%
- 5 years
- +89.28%
Price change, excluding dividends.
Top 10 holdings
- 1ADVANCED MICRO DEVICES6.3%
- 2MICRON TECHNOLOGY5.4%
- 3INTEL CORPORATION5.3%
- 4JOHNSON & JOHNSON3.9%
- 5LAM RESEARCH3.4%
- 6CISCO SYSTEMS INC3.3%
- 7EXXONMOBIL HOLDINGS CORP3.2%
- 8CATERPILLAR INC3.1%
- 9APPLIED MATERIAL INC3.1%
- 10SEAGATE TECHNOLOGY HOLDINGS PLC2.8%
QDVA holds 125 securities in total. These 10 are 39.9% of the fund.
Where the money is invested
Sectors
- Technology47.2%
- Industrials15.8%
- Energy8.3%
- Financial Services7.1%
- Healthcare6.1%
- Communication Services5.0%
Countries
- United States98.6%
- Ireland0.6%
- United Kingdom0.3%
- Other0.2%
- Cayman Islands0.2%
- Switzerland0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| IUMFLSEiShares Edge MSCI USA Momentum Factor UCITS ETF | 0.2% | 483.8M |
| IUMOLSEiShares Edge MSCI USA Momentum Factor UCITS ETF | 0.2% | 640.3M |
| IUMDLSEiShares Edge MSCI USA Momentum Factor UCITS ETF | 0.2% | 18.2M |
Assets are shown in each fund's own reporting currency.
How to invest in QDVA 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, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search QDVA and buy
Find the fund by its ticker, QDVA, on XETRA, and place your order.
Why invest in QDVA from India
What QDVA holds
The fund's main objective is to mirror the returns of a specific index. This index is exclusively comprised of a chosen selection of US-listed companies, sourced from the broader MSCI USA universe, which have demonstrated a sustained upward trend in their share price.
Outside US estate tax
QDVA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 QDVA's UCITS structure matters for Indian investors
QDVA 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 QDVA from India?
Yes. Indian residents can buy iShares Edge MSCI USA Momentum Factor UCITS ETF (QDVA) through Paasa. It is listed on XETRA and trades in EUR. 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 QDVA invest in?
iShares Edge MSCI USA Momentum Factor UCITS ETF holds 125 securities. Its largest holdings are ADVANCED MICRO DEVICES (6.3%), MICRON TECHNOLOGY (5.4%) and INTEL CORPORATION (5.3%). Technology is its largest sector at 47.2%. The fund is domiciled in Ireland.
What is the expense ratio of QDVA?
iShares Edge MSCI USA Momentum Factor UCITS ETF has an expense ratio of 0.2% a year, taken from the fund's assets rather than billed to you. The fund manages about €564.1M.
Is QDVA a UCITS ETF, and why does that matter for Indian investors?
Yes. iShares Edge MSCI USA Momentum Factor 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 QDVA?
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 EUR/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.