London Stock Exchange ETF segment · UCITS ETF
Invest in QNTM ETF from India
Indian and foreign residents can buy VanEck Quantum Computing UCITS ETF (QNTM) units directly through Paasa.
By Paasa · Updated
QNTM at a glance
- Price
- $25.10+$1.31 (5.51%)
- Expense ratio
- 0.55%
- Day range
- $23.86 – $25.17
- Assets
- $727.8M
- Domicile
- Ireland
- Holdings
- 30
- Launched
- 2025
- Dividends
- —
- 1 month
- -12.21%
- 6 months
- -14.22%
- YTD
- -0.95%
- 1 year
- -0.55%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1Ionq Inc8.3%
- 2D-Wave Quantum Inc6.0%
- 3Synopsys Inc5.5%
- 4Rigetti Computing Inc5.4%
- 5Microsoft Corp5.2%
- 6Honeywell International Inc5.2%
- 7Amazon.Com Inc5.0%
- 8International Business Machines Corp4.9%
- 9Wells Fargo & Co4.5%
- 10Nec Corp4.5%
QNTM holds 30 securities in total. These 10 are 54.5% of the fund.
Where the money is invested
Sectors
- Technology67.3%
- Industrials9.9%
- Communication Services8.9%
- Financial Services8.7%
- Consumer Cyclical5.2%
Countries
- United States65.8%
- Japan17.5%
- South Korea7.2%
- Finland4.2%
- Germany4.0%
- Canada0.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| WQTMXETRAWisdomTree Quantum Computing UCITS ETF - USD Acc | 0.5% | 257.2M |
Assets are shown in each fund's own reporting currency.
How to invest in QNTM 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 QNTM and buy
Find the fund by its ticker, QNTM, on the London Stock Exchange ETF segment, and place your order.
Why invest in QNTM from India
What QNTM holds
The Funds investment objective is to replicate the price and the performance, before fees and expenses, of an index that provides exposure to companies involved in the development of quantum computing technology or are leaders in ownership of quantum computing related patents.
Outside US estate tax
QNTM 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
QNTM 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 QNTM's UCITS structure matters for Indian investors
QNTM 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 QNTM from India?
Yes. Indian residents can buy VanEck Quantum Computing UCITS ETF (QNTM) 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 QNTM invest in?
VanEck Quantum Computing UCITS ETF holds 30 securities. Its largest holdings are Ionq Inc (8.3%), D-Wave Quantum Inc (6.0%) and Synopsys Inc (5.5%). Technology is its largest sector at 67.3%. The fund is domiciled in Ireland.
What is the expense ratio of QNTM?
VanEck Quantum Computing UCITS ETF has an expense ratio of 0.55% a year, taken from the fund's assets rather than billed to you. The fund manages about $727.8M.
Is QNTM a UCITS ETF, and why does that matter for Indian investors?
Yes. VanEck Quantum Computing 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 QNTM?
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.